#JOE MARKET SENTIMENT

Our JOE trading setup has moved exactly to the last leg that we've anticipated for its bat harmonic pattern. As we've identified this pattern, we were able to take into account the overall bullish market sentiment that made this price action possible. We've also used the Fibonacci tool to identify the key levels that would most likely be the retracement level for JOE. As we've setup our stop loss below the 38.20% retracement key level which is the 0.3003 price for JOE, we were able to identify that this key level will least likely be hit before the pattern will be fully realized. This was proven to be correct as the retracement levels of above 50% and below 78.60% has been fully retraced. Right now, we're patiently waiting whether the last leg's highlight key level will be the reversal point of JOE's price or not.