JB and ZJMY Holding Co (JBZY)

[enthalpy]

Charts look great actually!!! A true professional would use 6 time frames or multi-chart analysis to predict changes and runs. Thats why I have a 6 screen computer as I play and practice on the forex market. I traded mostly practice trading for 2 years in the evenings 4-5 hours a day so I can learn the algorithm patterns and the waves showing 3 large green and then 3 red (minor pullback) followed by a repeating pattern for a second and third wave.

Most stocks after a run up do one of two things. One is a Fibonacci pull back of 40-50% which is typical of the difference between the peak and the prior base. But the other option DOLV appears to be doing which is trading sideways in a horizontal path equal to the vertical path in distance. As the horizontal reaches a similar distance as the vertical move it is ready to break up or down in the channel. In this case the 50 day moving average is catching up so when they get closer we will get our pop. Its been many days now of horizontal channel trading and we are close to starting the next leg up. Seen this a million times. Also the low volume indicates this is channel trading. The RSI has reset on the daily at 63s.

Plus the 2 minute chart looks like a perfect double bottom at the end of day. If this breaks 0.062 tomorrow we run to 0.07.