Thursday, December 20, 2012 11:55:08 AM
JBI CHART UPDATE:
Per my previous post Imo JBI formed a bottom at .70 shortly after the wash out at .64 that lasted like 2 seconds on zilch volume. A bull flag formed when .70 recovered and held. We may get some more back and forth here as JBI churns year end and the last of the tax loss selling ends. The 50DMA at .79 is being tested as i type.....sorry but "fiddy-cents" just wasn't in the charts....just fiddyin' an' centin'
Per my previous post Imo JBI formed a bottom at .70 shortly after the wash out at .64 that lasted like 2 seconds on zilch volume. A bull flag formed when .70 recovered and held. We may get some more back and forth here as JBI churns year end and the last of the tax loss selling ends. The 50DMA at .79 is being tested as i type.....sorry but "fiddy-cents" just wasn't in the charts....just fiddyin' an' centin'
