JVA Coffee Holding Co

01 February 2012

JVA is a stock I've been watching for a while. It fits a pattern I like which is a strong base, high short float and low stock float. This set up makes a great short-squeeze potential. This is what we are seeing today.

JVA gapped up this morning and is trying to get above its 20 ema and resistance at 8.78 doing this would confirm the breakout. This stock can be all over the place in the early going so a move back down could happen but this stocks strong support around 8.31 gives it some good buying pressure.

Read more http://www.pikertrader.com/main-page/2012/2/1/jva-coffee-holding-co.html

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