$JTO is sitting at $0.32570 today and I am passing on it completely
Volume is stuck at $1.2M which is 1.2x the weekly average and that is too thin for safety
Thin books mean your size moves the price and clean exits are never likely
I need to see an hourly close and hold above $0.33670 before I look twice
Or a clean pullback that holds $0.30920 and bounces hard from that floor
It could keep running without me and a bad entry always costs more than a missed move
Chasing $JTO here or waiting for $0.30920
#JTO #RiskManagement
Volume is stuck at $1.2M which is 1.2x the weekly average and that is too thin for safety
Thin books mean your size moves the price and clean exits are never likely
I need to see an hourly close and hold above $0.33670 before I look twice
Or a clean pullback that holds $0.30920 and bounces hard from that floor
It could keep running without me and a bad entry always costs more than a missed move
Chasing $JTO here or waiting for $0.30920
#JTO #RiskManagement