Apr 28, 2008

JRJC - Long

A very, very short watchlist today for some reason. However, JRJC presented a nice opportunity off the 5-min chart. Entered off a break of the 10:10 bar high which was a hammer-like NR7. Price action was all over the place once I entered which really made me nervous. My price target was R2 and with the crazy price action I decided to sell all my shares just below R2. Nice, quick trade.

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