Comments: Eden, Jadi, Polytower, IPower
I am providing these comments on the request of readers. I know some of you have been badly hit hence these comments. Personally, with the exception of Jadi, I will avoid these stocks because they are only speculatives & very risky.
1) Eden - Its too early to tell bec its the first day of correction after the big rise. Support is at 0.55 & 0.52. A fall below 0.52 will be very negative. Resistances at 0.665 and 0.77.
2) Jadi - Its consolidating at the 0.30 - 0.325 levels & just at the 10 & 21 day MA line. Healthy consolidation, low volume. Breakout above 0.325 on higher vol will be positive. Other signals not positive yet.
3) Polytower - no positive signals. It is still consolidating at very low levels. Low vol. Needs to break 0.92 to turn positive.
4) iPower - starting to consolidate at low levels, no volume. No positive signals. Needs to break above 0.95 to turn positive.
Generally for Jadi, Ptower & iPower, there are no buy calls for any of these shares. However, it seems that the major selling may be over & they are consolidating. Jadi is in a slightly better position but still no buy call.
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