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Analysis: #NASDAQ $JCOM

Case 285 #J2_Global Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#JCOM 1/4
Chart 1
Weekly Chart: The 2 year range #resistance at 91.56 was broken in Oct. 2019 and a new all time high of 104.57 was recorded but failure to break/hold above long term #trendline resistance has exposed weakness as all gains from .....

JCOM 2/4
..... 2016 have been wiped out. #Support was found at the #Fib 0.50 at 60.96 and #pivot at. 57.32 - a break below exposes 50.67, possibly targeting 43.60, as another leg lower is in the process.

JCOM 3/4
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