If we decide to go higher on Monday, I will pick up a position on JASO. Notice the Chart below, we are at a major support. We are bouncing in the channel and tried to break it twice and rebounded with a 5% gain on Friday. This is telling me the stock is bullish right now. If we rally all the way up to 1150 on the S&P 500, this stock should give you at least a 20% return.






FF


P.S. The entry point is 4.70-4.75 based on the hourly chart on the likely hood of breakout. Stop loss at 4.50. Target is 5.62.