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JVA Coffee Holding Co



February 01, 2012 – Comments (0) | RELATED TICKERS: JVA

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. 

Here's the JVA Chart Markup

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.  

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