Trader's Logbook

End of the road for MJC. Another candlestick wont fit anymore on our symmetrical triangle so it has to choose either up or down. North or South? Or is the triangle elastic? Kidding aside, MJC did a good move today with an improved volume compared to the previous days. A small breakout from the slope and on 38.2% Fibonacci Retracement level. For those you have been accumulating, you might be rewarded soon.

Caveat!