Jade Art Group Inc (JADA)

[sahd3g]

Strong Buy now for swing traders IMO.

If a trader could get enough volume to buy when the RSI is near 30 and sell when the RSI is above 70, they are nearly guaranteed nice gains.

Currently the full stochastics and RSI are in the toilet. Luckily my buy order sitting back at .12ish got filled. More "free" shares after doubling+ from the prior buy.

Still way underwater on current holdings, but trading around a core can be a way to hedge dilution and risk in the wild west of pinky land.

Way back when, a large shareholder here suggested there would be an attempt to shake out longs before the stock might get much higher. That investor believed JADA could hit $1+ long term. So maybe that's what we've seen with this baby formula LOI nonsense. And now the news looks more likely to be legit, but more modest. A real start to building a real company?

Stay tuned.

TA appears to be contrarian bullish. Buy when the crowd wants out, sell when every one wants in. For me, that generally means only trading a % of shares, not all in or all out.

http://www.stockta.com/cgi-bin/analysis.pl?symb=JADA&cobrand=&mode=stock