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Just Energy Group Inc. Message Board

  • homeseek homeseek Jul 16, 2013 2:24 PM Flag

    JE putting in a double bottom

    it might be complete double bottom at around 6 maybe go to 8
    The article did not say 10 would happen soon it said in the next 2 years

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    • JE definitely looks good from a chart perspective. What I like is the fact that it broke the last downtrend which was from the 7.20 range down to 6. Closing above the 6.50ish mark was the high point of the last leg down. That breaks the cycle and hopefully starts a new uptrend. If things stay relatively positive for JE then no reason we couldn't see a nice long uptrend where the stock gets to the 8-10 mark over the next 6-8 months. As one who reinvests the monthly divi I actually enjoy a pullback to get shares on the cheap as long as the divi is safe. Noo reason to think not.

      Sentiment: Hold

    • .... next month... or EOQ would therefore be included "in the next 2 years...."

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