Hell of a lot less volume than Friday. At this time last Friday we were at 144 million shares traded. We only at 80 million same time period. In case you were interested
Nice price to RSI divergence setting up on the hourly chart but not verified yet. This recent flush may prove to be the catalyst that was needed to rise from the dead. If it clears pre market high we will definitely be in the money.
Reverse split did not happen it will happen next week. Nothing to lose sleep over. Enjoy your weekend and check back in mid week next week let’s us know how much happier you are that you held and made some profit
I trade divergences and when I spot a weekly divergence it’s 89-95% will turn out the direction of the divergence. This ticket is poised for a nice run with weekly divergence looking to explode to upside. Price keeps printing lower while statistics and relative strength keeps going opposite of price this is gonna be good!
Looking forward to breaking even and making free buck as profit short term. I will keep a small long term position after I take profits next week. Had 75,000 share and reduced it to 20,000. Hang on you will be rewarded for doing so
Since the rs did not happen my opinion is that shorties and bulls were both buying up this ticker which drove the price up. But shorties keep buying it up high so they can have one last hoorah and take bulls money the next day as they sold along with everyone else that sold. bears have to give it all up come Monday. Seems that the bears had a strong hold on the stock and just kept selling as well as selling by the bulls that could not take the pain of losing so much money so they fled as well and drove price down. Next week seem to be a great start of a new Stronger JE company with alot fewer shares to float. looking forward to breaking even and making a few grand short term.