JP 3E Holdings Inc (JPTE)

[PioneerCorsair42]

It's rather irresponsible not to mention the bearish double top chart pattern too. Looking at the chart you can clearly see 2 unsuccessful attempts to break out in Jan & May. In fact, after hitting resistance in those months, it suffered a quick 50% decline in the same months. I'm sure you agree, that is a significant drop.

Another significant take away when looking at the chart are seeing 2 back to back bear flags. The first one played out in late May (after the PUMP) with a DUMP and now this has formed another bear flag, which often (not always) signals ANOTHER DUMP.

Speaking of coils, I've got one to DUMP!