JVA Speculative Counter trend trade (Short)

This is speculative because it is counter trend and because this stock can really move. However, the move has become very parabolic.

 JVA daly hart from lateral base to parabolic rally

 The daly chart shows good accumulation throughout the low volume, lateral trading range.

 The 30 mn chart has a negative divergence

 As does the 15 min chart

 The 10 min chart is leading negative with a negative divergence in RSI and Stochastics.

 1 min negative divergence at a tower top.

Here's the tower top reversal formation, we talked about this formation last week as a reversal formation. Note the failure of volume on the test of the highs.

The position s obviously speculative, but you might try a reduced risk position with a stop above today's highs.