Stock Watch 23-Mar-14

[JTH]

I didn't have a great deal of time to scan stocks this weekend, here's this weekend's results. This is an oversold stock approaching a 6-Month low and a 50% retracement on the 1-Year chart.

1) 18-Mar 4th Qrt & 2013 reported, created a sell-off, since then price has dropped -14.42%
2) Price is -8.17% below the 4.92 Bottom Bollinger band (20, 02)
3) Price crashed -5.37% below 200 SMA
4) There is a Gap Fill @ 4.50 prices bounced @ 4.51 closing @ 4.66
5) Overhead resistance @ 5.18
6) Volume is ramping up closing at a 66 Bar high
7) 2nd largest 1-day price range in 1-year, 3rd largest in 2-years

View attachment 27747

 

[JTH]

I didn't have a great deal of time to scan stocks this weekend, here's this weekend's results. This is an oversold stock approaching a 6-Month low and a 50% retracement on the 1-Year chart.

1) 18-Mar 4th Qrt & 2013 reported, created a sell-off, since then price has dropped -14.42%
2) Price is -8.17% below the 4.92 Bottom Bollinger band (20, 02)
3) Price crashed -5.37% below 200 SMA
4) There is a Gap Fill @ 4.50 prices bounced @ 4.51 closing @ 4.66
5) Overhead resistance @ 5.18
6) Volume is ramping up closing at a 66 Bar high
7) 2nd largest 1-day price range in 1-year, 3rd largest in 2-years

Quick update, thus far the 4.51 low has held, we now have 6 closes under the lower Bollinger Band, with 2 higher lows I'm starting to wonder if it's bottoming out.

View attachment 27784