JOBS broke its upper channel line and will reverse and sell off. JOBS has had a great run. However, 20% move with no news after a long climb, means one thing; Climax!
the challenge will be how do the longs get out and hold it up.with avg volume <150k any attempt to get out will crush this to the down side.they walked it up with 100 share lots by hitting the bid on a gap of 20 cents or so.everytime any selling volume hits the tape it drop 50-75 cents
Glad someone is making money.. ongrats to the longs for this run. I am short now and those 100 share lots are deadly as you say.. That upgrade to 47 again is a year out.. Has high PE, hIGH enteprise value ond so on.. .