Japara Healthcare Limited

September 6, 2020 - 2 months ago
Share on twitter
Share on facebook
Share on linkedin
Share on email

Technical Outlook – The weak price action over the past three months is now slowly heading back to the bullish foundations, which was viewed as a rejection in March 2020 from $0.40.

It is assessed (technically) that with the leading indicators Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) pattern are currently holding to a negative outlook, however, potentially, is expected to display a reversal soon.

A rejection from the suggested support area ($0.40) could see this share price head back to the May 2020 highs of $0.60. Reassess from there.

Company Overview – Japara Healthcare Limited (JHC) is providers and developers of residential aged care, with a growing national footprint.

We are dedicated to delivering a better standard of residential living for elderly Australians.

Japra has a team of over 5,600 nurses, carers and other support staff; we care for over 3,800 residents across 50 homes located throughout Eastern Australia.

It operates 180 independent living units and apartments across five retirement villages located adjacent to our care homes.

Share on twitter
Share on facebook
Share on linkedin
Share on email

Leave a Reply