Sometimes the unexpected happens (READ)To be brutally honest, sometimes you can do all the due diligence. You can dive into the financials, read previous NRs, toil over every technical chart and the opposite will happen like yesterday and today.
The capital structure of Jenex is more complex and dense that I thought just to move this stock. Insiders do not control the float and their ownership on a % basis is far less than what retail investors hold.
A halt was not required to assess an NR of this complexity because it wasn't. A paragraph does not require a halt. The NR did show positive results but unexpectedly the market didn't care for it! This is the head-scratcher.
As far as technicals go the trend is broken. A new level of support will be established and a new trend will begin. I don't tie up my capital so it's time to move forward with new lessons and experiences.
Your only weapon is this market is analysis and sometimes that isn't a fool proof weapon either. Things happen and we press on, regardless.
JMO
GLTA
Stay Ballin,
BB