Trader's Logbook

After we had our observation two weeks ago Wait for a better signal for MJC it seems that we still do not have a strong signal for reversal. We saw a rally last August 14 which gives us 8.77% but it was flatten after we saw a 11% decline 2 days after. Generally we will still be seeing a downward trend for this stock. Unless there will be a big news.

Intraday rally maybe a good avenue for you to get out or you can wait for the reverse soon if you want to.

Caveat!