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Jet Airways reaching high confidence buy zones (TA & FA)
JETAIRWAYS, 1W
Long
JETAIRWAYS: Jet Airways reaching high confidence buy zones (TA & FA)
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Technicals: Price is close to the trendline that has held since 2009. So far from a technical standpoint, we have no reason to assume that history will not repeat itself. Previous week's candle shows incredible volume (week with the fourth highest volume since inception). Nonetheless, the price failed to move lower. Large limit buy orders seem to be accumulating...

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