Spydertrader's Jack Hershey Equities Trading Journal III

GROW
22.88 buying at EOD.

Let's see if the 10 percent move will hurt me.

 

Stocks on my watchlist for today:

ICOC JASO JRJC NCTY PRXI TSL ULTR CYNO

Of the above, I'm putting ULTR at the top, followed by TSL and possibly JRJC.

Will wait for price/volume to tell me what to do.

 

Pre-market is showing a ton of activity for JASO.

 

Certainly is - but not in dry-up?

Suss

 

Sold GROW 23.28 avg. bought 20.82. +11.8%

Bought JADE 5.58

 

Jeezus, I should dump it right here, up almost 20%

 

Bought JADE too, but @ 5.75.

 

Sold JADE 6.43. Bought 5.60 (oops) +14.8%

 

Good Job!

 

I think everyone would understand if you make an exception given the chart.

See attached.

The red lines are what I mischievously refer to as working group support and resistance lines. The name doesn't really apply to an individual stock like JASO. It was intended to detect strange price / volume activity in the major indexes, as well as the bond market. It works reasonably well with individual stocks.

I talked about WGSR quite a bit in my journal but apparently it got too confusing for the readers so I quit.