Charts of MJC from Dec . 17 to Dec 28, 2017
Dec. 26, 2017. Price bottomed at 3.80. This was .786 fibo retracement and range support
Dec . 27, 2017, 1:38 pm .
MJC formed an inverse head and shoulder pattern in the hourly chart
Dec. 27, 2017
MJC confluence of resistances at 4.44 on the daily chart
By the close of Dec . 27, 2017, the candle broke above its resistance, closing at 4.45
Dec . 28, 2017 Hourly chart
I looked for confluences with the Ichimoku chart. 5.15 is a key resistance.
Dec . 28 , 2017
Price closed above key 4.86 level/ .382 reverse fibo level
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