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JOSB - Morning Star - Right Now

 
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tab321
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PostPosted: Wed Nov 24, 2004 12:24 pm    Post subject: JOSB - Morning Star - Right Now Reply with quote

JOSB is doing a nice morning star pattern right now. Of course, volume is low as was anticipated on the board. But, if a signal is a signal...investors are bidding the price of JOSB back up.

TBeard
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tab321
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PostPosted: Tue Nov 30, 2004 2:10 pm    Post subject: Up 6% on JOSB Reply with quote

JOSB was not the perfect Morning Star - it was more of a four day Morning Star (If you can take my word for it - I am new to candles)

But - I am up over 6% on this one and it is showing strength today while the entire Apparel Sector is having a hard time. Looks like it will soon hit some resistance. If it makes it above that, it could trend higher.
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Tue Nov 30, 2004 2:53 pm    Post subject: JOSB Reply with quote

This is also a good chart, watch what it does at the 200 day moving average, coming up through there would mean $28 as the next target
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tab321
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PostPosted: Tue Nov 30, 2004 4:01 pm    Post subject: Out of JOSB Reply with quote

Steve

Thanks for your comment on JOSB. I took an exit today and put the profit in the pocket. The reason is that the Apparel Sector is having a hard time so I did not want to risk losing my profit. If JOSB breaks above the resistance that you mentioned....I can get back in. Until then, it may be fighting the Sector Tidal Wave. And, six percent profit is a decent profit for a holding for one week.

By the Way - the "four day morning star" idea is covered in your 12 Major Signal CDs. Thanks for pointing that out.
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candlestick1
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PostPosted: Tue Nov 30, 2004 9:08 pm    Post subject: JOSB Reply with quote

Take 6% profit every week and pretty soon that adds up
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goodedesign



Joined: 29 Nov 2004
Posts: 43
Location: Charlotte, NC

PostPosted: Wed Dec 01, 2004 2:53 am    Post subject: nice. Reply with quote

-removed-
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