Potential Buy Alert JBH

JBH – JB Hi-Fi Limited

JBH is playing out nicely showing good signs of buying pressure. Since the previous alert, we have seen price push up to 29.47 and then contract lower to build a potential support zone at 25.50. Supported by some strong results, we are now watching for the move higher out of contraction from a minor higher low as buyers step up and take control.

Stock Code : JBH – JB Hi-Fi Limited

Company Website :www.jbhifi.com.au

Current Price : 26.40

Status : On watch for entry setup

Previous Alert 9/1/18

JBH – JB Hi-Fi Limited

JBH is showing some great longer term buying strength and building for a solid move higher. Price looks a little extended so we are watching for a pullback to put some late buyers on the sidelines and then a higher low to build an entry setup.

Stock Code : JBH – JB Hi-Fi Limited

Company Website :www.jbhifi.com.au

Current Price : 26.89

Status : On watch for entry setup