Technical analysis by Fahad-Rafique about Symbol JOE: Buy recommendation (7/26/2024)

Price has given a good breakout following bullish RSI divergence on daily time frame. It seems that bulls have take control of the price action, the notion is further validated by the break of previous lower high and printing of a higher high. Price is now in the process of defining a higher low, after which according to Dow theory we can expect further highs. Targets are mentioned on the chart.