my "PSYCLE sm" also says a S.T. depressed base exhaustion low bottom, for JTS, at 1 1/2, only with close stops below, in a properly diversified portfolio, for a rise towards 200 DMA reistsance around 2.50 -3.00 or so, perhaps in the next 2-3-4- months, not a bad shot.... high volume does smack of a shift of holders, from scared people with losses, to potentially stronger holders, which is normal for a stock like this historically....
and, Ivan, I also recently had several other "depressed tech" exhaustion bottom bouncers recently, using my "PSYCLE sm" concept, including, BOBJY near recent lows, and also check my comments on DSPC, SHVA threads near their lows, 2 -3 weeks ago, and best wishes to you and all...just the fact that you view charts/patterns, means you are certainly above average.... |
