$JTO is up 5.3 percent today and I am not touching it. One number is why
Volume is sitting at 0.5x average
That move up is happening on half its usual fuel
With only $2.2M changing hands today size just shoves this thin book around
You might get in fine but getting out with size is another story
I change my mind only if an hourly candle closes above $0.56090
Or if price dips down and holds that $0.51850 swing low
Markets can run without us and missing a move hurts less than getting trapped in one
Chasing $JTO here or waiting for $0.51850
#JTO #RiskManagement
Volume is sitting at 0.5x average
That move up is happening on half its usual fuel
With only $2.2M changing hands today size just shoves this thin book around
You might get in fine but getting out with size is another story
I change my mind only if an hourly candle closes above $0.56090
Or if price dips down and holds that $0.51850 swing low
Markets can run without us and missing a move hurts less than getting trapped in one
Chasing $JTO here or waiting for $0.51850
#JTO #RiskManagement