- Jason Bond Picks (Member)
- Posts
- TCJH bounce and MRAI breakout
Good morning,
The $25k small-cap challenge balance is at $25,995 up $995 a week or so in. Only $999,005 to go lol.
Slow and steady wins the race.
This morning I jumped right back into TCJH looking for the fish hook to hit $.75-$.80’s with a range to $1. Historically big drops in the stock are met with substantial bounces as you can see here on this 6 month daily chart.
The IWM is powering forward as the likelihood of a rate cut this summer goes up. Overall I’m very optimistic about this challenge and the small-cap market.
MRAI is building really nicely, just under $2.50, a pop to $3 makes sense and then $3.50-$4 breakout levels maybe?
Eat, sleep & trade,
Jason Bond
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