daytrades august 2 afternoon, page-56

Dont think that you will have to wait too long on JKA Treasure.

Solid run last time but the 195 ema held her up along with some resistance around 14 cents.

No longer overbought on the short term momentum indicators and the daily stochastic looks like its flattening out looking to roll up.

Has now bounced twice off the 41 ema which is also around 50% retrace of the last run.

Volume on the pullback has been very low and buyers have been stepping up to support once it dips into the 10s.

Looks good to me.