JCOM Entry & Exit

 

A few days ago the Persons Proprietary Signal displayed a buy on JCOM after bouncing off the lower Linear Reg Channel.  MACD and Stochastics were also showing a bullish crossover.  We entered at 28.23 and trailed up our stops daily.  We were stopped out at 28.89 at market open and did not reopen the position due to earnings.  It may have been better to close the position near the top of the Linear Reg Channel in hindsight with all of the activity from Greece affecting the market. 

2012-02-17-JCOM-TOS_CHARTS

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