J Star stock jumps 125.58% to $2.91, but faces the $3.12 pivot

J Star (YMAT) closed at $2.91 on Monday, holding a qualified bullish daily bias above shorter averages but below the 200-session EMA at $3.44. While hourly averages support the bullish case, a negative 15-minute MACD histogram and the $3.12 daily pivot, a level to watch for the next session, present unresolved hurdles. Key takeaways J Star closed at $2.91, above the daily 20-session EMA at $1.61 and 50-session EMA at $1.79, but below the 200-session EMA at $3.44 . Daily RSI14 is 75.03 , in overbought territory; the daily MACD histogram is 0.1, positive.

Source: The Cryptonomist