Tuesday, January 13, 2015

[JDST] breakout potential is increasing.

Backlink.  I bought JDST prior to making that post because I had such nice tight stop targets.  It's paying off so far.  I just bumped my stops to $8.55 so at this point I might not make much but I will not lose anything.  Them's good odds in my book.  Why $8.55?  Because it is the top of wave 1 and if we are currently in wave 3 (which should be expected by the ability to break out of the top rail of that large falling wedge) then wave 4 cannot go back into the region of wave 1.


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