Shake the soda, let it explode
By Brett Goldstein on Jul 05, 2007
The other day I picked up some more JSDA as it showed support after it filled in the gap. It popped today and may be the start of higher prices. If it decides to go lower then the gap, then I am out!! Once the MACD crosses 0, look for good things to come.
4 Responses to “Shake the soda, let it explode”
Nice call on JSDA. I think JSDA is ready to test the $19-20 area again. Gaps filled. I noticed the MACD cross last Tuesday.
Obviously this call on JSDA was a bit premature but what do you think about it here?
Well it was not premature according to the chart but it was premature if you were going to take earning into consideration. I kinda like it at this level. I will prob pick up a few shares and sell if it starts to trend down again. No reason to hold onto a stock like this if its going back down to the single digits.
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The 200dma was a nice spot to start thinking about long indeed. After the 50% haircut the stock took from its recent highs.