SJ75
Long

JET: Ready for take-off

TSXV:JET   CANADA JETLINES LTD
JET was by far my best performing stock for 2017/2018, and my first 5 bagger.
Chart looks like it's ready for a move again. Similar price action to this time, last year.
Resistance at 0.75 to 0.80 but that is still some nice gains if you can get a stink bid filled as tax loss season ends.
Hey, what is the indicator on the bottom panel? It's small and hard to recognise.
I have been holding onto JET for a while now so I am interested in what crossover you are pointing out. Thank you!
Reply
SJ75 AnishBadwe
@AnishBadwe, that’s MACD - a basic trend indicator, well used by many including algos, showing moving averages converging or diverging.

JET should be making progress as a company soon. This time last year there was a lot of accumulation.
Reply
@SJ75, Ah its MACD?! Haha, I just didn't recognise it without its histograms.
Thanks for that, I see JET breaking out too. The directional index (ADX) suggests that it is trending upwards which is a good sign.
Reply
SJ75 AnishBadwe
@AnishBadwe, should take a bit of time still but it’s one of those set it and forget it stocks for me (with a stop loss). I check it every couple days. Cheers :)

Check out PKG on the CSE, it looks good as well as a reversal play. I’m also in IPT. No other juniors.

HGU (8000 shares, my largest position) and KEL on the big board.
Reply
@SJ75, Checked out your other positions. I will keep an eye on them.
About 55-60% of my portfolio right now is shorting the market with inverse etfs, they have been doing well. The remainder of my portfolio is long positions hoping for breakouts in juniors like JET. And tracking trends with big boards like THO.
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