Stock Chart Analysis JADE

Posted by downtowntrader | 6/13/2007 02:05:00 PM | 0 comments »

Stock Chart Analysis JADE

LJ International, Inc. (Public, NASDAQ:JADE)

JADe is setting up pretty nicely for a bounce off the lower band and 50 day simple moving average. There is a chance that it launches to new highs from here as it's had time to work off the recent move from 9.52 - 13.15. I'll be watching to see if it can take out the 20 sma and then the upper boundary of this little triangle.

Good Trading,


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