Stock Analysis: Jamba Juice (JMBA)
If you think Jamba Juice has some of the best smoothies in the world, then you’re in the same boat as me. I’ve been drinking a lot of Jamba Juice lately because I just had my wisdom teeth pulled and their smoothies offer great taste and nutrients. On the front door, I noticed a sign that said they were a publicly traded company under the ticker JMBA. I went home and checked out their chart and was pleasantly surprised to see that it looks great.
This find is a perfect example of how you can profit over the pros by simply keeping an open mind about what’s going on in your own backyard.
Key Investing Notes:
- Hammer and follow through signals a bottom
- RSI indicates oversold and is heading upwards through the 30 level
- Look for resistance at around 8.65