Further downside for JB Hi-Fi

Michael Gable

Fairmont Equities

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)


1 stock mentioned

Michael Gable
Michael Gable
Managing Director
Fairmont Equities

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...

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment