JST CHART

By Brett Goldstein on Mar 19, 2007

I hope some of you took a look at that GROW chart I posted below. I am so glad that it held its trend line. Up 12% today. Well I took another position in JST today. It looks like it has decent support at 16.80.� Keep your eye on this level. I am playing this as a swing trade and keeping my other position from the 23 level.

This entry was posted on Monday, March 19th, 2007 at 11:36 am and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

5 Responses to “JST CHART”

By Wes on March 20th, 2007 at 9:47 am

JST seems to have broken through support today, down almost 4% as of right now (12:40pm). If we don’t see any trend reversing candles, the next possible test of support could be located just below 15 at the gap on November 17th/06. It’s losing steam right now from a technical view and could see a bottom at 15 if my analysis is correct. But volatility can do anything to this one, extremely high Beta (4.56).

By rick illobre on March 20th, 2007 at 12:10 pm

bought some today at at 16.8 and it immediately dumped to 16 looks very weak and could drop to 15 unless it rebounds today in pm

By Brett on March 20th, 2007 at 8:03 pm

This trade really turned out to suck short term. I am hoping for a bounce or something. There were so many shares sold at 19$ that I truly believe the price should be above that .

By FM on March 21st, 2007 at 1:39 pm

Up 4% today. Seems a pretty cheap stock, so volatility is always going to be exaggerated here. 2c.

By Johns Wu on March 21st, 2007 at 7:51 pm

JST still trading below a strong resistance. I will be watching the action carefully tmw

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