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Trade Update: JRCC

 Jul 31, 2008 05:26 PM UTC
Return Risk
-4.61% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
JRCC Negative 07/31/08 +88.30% --

Graphic_arrow1 Via The Market Speculator:  

I took a small short position today in JRCC. The stock has been in a strong topping downtrend and has pulled back up to the 50 day MA. Stochastics are near overbought levels and volume has been average on the pullback. This is a low risk entry with stop placed just above the 50 day MA.




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1 29.65 +61.65% 160
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