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Re: A deleted message

Thursday, 06/26/2014 10:27:38 PM

Thursday, June 26, 2014 10:27:38 PM

Post# of 17454
What bullshit is this? LOLOL!

Journal of Radiology Inc (OTCBB:JRRD) on the daily charts saw a 50% fall in yesterday’s trading session. The stock has been trading in a tight range over the last couple of weeks and we saw first signs of a crack which leaves the stock trading at levels of $0.0001. The stock currently trades below its 50 day and 200 day moving average which is very bearish indicator and confirms to me that traders and investors should remain out of the stock.

The momentum indicator for Journal of Radiology Inc (OTCBB:JRRD) has given a fresh sell signal which confirms our bearish stance on the stock. The relative strength index for the stock also has given a fresh sell signal. The relative strength index has formed a lower high which confirms to us that the momentum has completely shifted towards the bears and any rally in the stock might be used by bears to sell. This confirms to me, that both indicators are in bearish territory and as stated above traders and investors should remain out of the stock.

On the weekly charts for Journal of Radiology Inc (OTCBB:JRRD) has been in a very strong downtrend over the last couple of months. Both the indicators are showing bearish indications which are line with our bearish stance on the stock. We would still want to reiterate that traders and investors should remain out of the stock for both the medium and long term. On the weekly chart we firmly believe that until and unless the stock closes above the level of $0.0005 we would not be comfortable in initiating a buy rating on the stock.

Latest Buzz: Journal of Radiology Inc (OTCBB:JRRD) released a statement maintaining that the study of 3d mammography seems to be promising and the next big step for the company in the right direction

IT IS WHAT IT IS.

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