Trade Idea - JASO
Friday, March 21, 2008
Chart courtesy of stockcharts

JASO shares were up 1.35% yesterday to $14.99. The stock is currently consolidating in a range between $16.33 and $14. The next support on the chart is at $14. Investors can hold the stock with a stop at $14. If this level breaks, the stock could slide lower to $13.32 or even $12.17. Short-term rallies will encounter resistance at $15.77. Keep JASO shares in your watchlist during the next week, because stock should define the trend to follow.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 1:16 PM | Permalink


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