$JTO is down 6.0 percent today and I am passing on it completely
Volume is sitting at just 1.4 million dollars which makes size a real problem on this order book
Price is hanging down at 14 percent of the daily range right now and 23.0 percent below the seven day high
I need to see an hourly close and hold above 0.36390 before taking a serious look
Or a clean pullback that holds 0.33680 and actually bounces first
It could keep running without you and a bad entry costs more than a missed move
Chasing $JTO here or waiting for 0.33680
#JTO #RiskManagement
Volume is sitting at just 1.4 million dollars which makes size a real problem on this order book
Price is hanging down at 14 percent of the daily range right now and 23.0 percent below the seven day high
I need to see an hourly close and hold above 0.36390 before taking a serious look
Or a clean pullback that holds 0.33680 and actually bounces first
It could keep running without you and a bad entry costs more than a missed move
Chasing $JTO here or waiting for 0.33680
#JTO #RiskManagement