ASX:JHX   JAMES HARDIE INDUSTRIES PLC
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JHX
- Previous video analysis was done on 13 Nov (red arrow) - Suggested waiting for a retracement and a successful rebound
- Since then, the stock briefly created a new high and currently looks like it’s retracing
- Another healthy test of the short-term support will bode well for the uptrend of the stock
- At the moment, a successful rebound look to be around 56.50
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
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