It’s almost summer. The chart is coiled. And Jamba has been a tease for years.
The value guys love it, with strong management and locations popping up in airports, etc.
The weekly chart broke out from a multi-year triangle and has based above the breakout point with a favorable volume pattern. If Jamba is going to move, this is the kind of tape to do it.
I’d be looking at a $2.92 upside trigger.
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My summer play, along with CHS
nice