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Based on the chart, we can see that JHM has been retracing from previous top for consecutive 4 days. 5 if include today (10 Feb). The price is now on the support area (white rectangle) which is previous peak and has been tested before on 25 Jan after the breakthrough. So, it should be a valid support level. Besides, the price is also sitting on the EMA line which is also a supportive indicator. JHM should be healthy as long as the higher high higher low market structure is not broken. One thing to mention, JHM 4th QR is coming soon. So beware of that.
That's all for my analysis. Feel free to point out anything I missed out and correct me if I'm wrong. Have a good day and Happy CNY. Gong Xi Fa Cai !