Member Info for Shareswotter

We who hold JLP have been dismayed with the SP languishing near 2p and believed it should have stayed higher. In April 18 there was a good jump and then the price fell lower than before the jump, and that repeated in August 18. How can we be reassured this jump is not just a temporary one and sub 2p will not happen?

Have been looking at the chart trend for a couple of months and thought the drop to be early but it has bounced and dropped again making now, or up to 2 or 3 weeks time if it stays at this level the time to buy for the next upward step. Just bought another 20k. Now the question is whether it will break the 5 year pattern and drop much further.

As I commented a few weeks ago, if the steady pattern seen on the 5 year chart is to continue a fallback to about 28p was likely. The big drop is seen a bit early so to make a straight line of the lows is 25p likely lasting a few days? (not minutes like this morning)
All it takes is an RNS like this to forge the repeating patterns.

As my other (recent) post, short term share price trends indicate now is the time to buy, but trends over the past 5 years indicate we are due a further fall to 30p. Trends on the troughs over 5 years have been steady, even though the peaks have been erratic.

On looking at the chart from April 18 it could be considered that now is the time to buy back. However, in looking at the chart from 5 years ago it would appear we are due an adjustment back to about 30p again. There is almost a straight line between the troughs on the drops.
As there is still a long way to go to production I feel these trends will continue so am holding back for now.

Yes?