Posted by: tyrannyoflogic September 15, 2011
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@ dalbhat , i think you asked previously about JASO too , and here was my post from june
@dalbhat
for JASO i think it bottommed off a couple of days ago....it jst made a higher high...look for a higher low but if it hits that previous lower low of 5.00 then its an ultimate sell ..it should lows make a couple of days and then trend upwards ....if it actually is starting an uptrend
it has resistance around 5.75 and 5.83 area ...when it is making a the next high watch that area too
(i would sold way earlier today ...but thats jst me...a DAYTRADER )
I am sorry to say JASO is not going up to where you bought it , at least not in the near future
I am just advocating the importance of technicals here ....
as Team player said , 2.50 buy for jaso for a speculative play...2.50 is one of its bottoms from around a year ago i think....its consolidating pretty well at 2.51-2.52....lets see if the 50s hold for a play to the next resistance...
just opinions of an arrogant kid fresh out of college
@dalbhat
for JASO i think it bottommed off a couple of days ago....it jst made a higher high...look for a higher low but if it hits that previous lower low of 5.00 then its an ultimate sell ..it should lows make a couple of days and then trend upwards ....if it actually is starting an uptrend
it has resistance around 5.75 and 5.83 area ...when it is making a the next high watch that area too
(i would sold way earlier today ...but thats jst me...a DAYTRADER )
I am sorry to say JASO is not going up to where you bought it , at least not in the near future
I am just advocating the importance of technicals here ....
as Team player said , 2.50 buy for jaso for a speculative play...2.50 is one of its bottoms from around a year ago i think....its consolidating pretty well at 2.51-2.52....lets see if the 50s hold for a play to the next resistance...
just opinions of an arrogant kid fresh out of college