Further downside for JB Hi-Fi

Michael Gable

The success of JB Hi-Fi over the years has been well covered with the share price sitting over 5 times higher than where it was 10 years ago. We have been buyers of JB Hi-Fi in the past, attracted by their impressive growth. However recent price action is indicating that we may see lower levels in the JB Hi-Fi share price, and that we should therefore stay on the sidelines for now. (VIEW LINK)

Michael Gable

Michael Gable is managing director of Fairmont Equities. We are a small boutique advisory that uniquely combines both fundamental and technical analysis. As a result, our analysis is featured regularly in the finance media such as the Australian...


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