JUBFOODS is following fib retracement levels quite well. We can confirm if the stock crosses ATH level it will experience good momentum and price movement in coming sessions.
Can go for Long with Support at 1805-1810.
Stock is above all moving averages.
DMI & ADX shows trending.
Stock making a rising trendline pattern since march. After a sharp upmove it corrected heavily this past week.
Can see the stock take support at trendline where it presents a good buy opportunity.
![DECCANCE: LEVELS AND TREND DECCANCE. [fib levels]](https://s3.tradingview.com/2/2JvmVo7M_mid.png "LEVELS AND TREND DECCANCE. [fib levels]")