JP Power, from single digits to double digits soon

JP Power is open for target of 10.35 as long as the level of 6 is not breached.. one can employ a strategy to buy in dips in this one as it is also retreating after breaching a multi month resistance line (orange descending trendline) Care should be taken as this is a most volatile counter.. with the financial institutions converting their loans into equity this might just be a tight ship sailing out of troubled waters...

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a long term resistance trendline has broken..positive for the stock

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time to book 50 percent of profits at 10

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Time to close the trade for risk averse traders...may go all the way to 11.30 but i am happy with my profits for the time

Trade closed: target reached

Rocky_Chow

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Rocky_Chow

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