Recaps · August 5, 2026

JLHL, August 5: five halts, the $14.00 wall, and $16.14

• Small cap
• Momentum
• Gap, run and fade
• Halted five times
• Round-number break
• Float traded 12x

Float

1.45 million shares

Volume

17.19 million shares

Previous close

$5.42

Open

$7.00 (up 29.2%)

High

$16.14 at 11:11 a.m.

Halts

5 (9:47 a.m. and 9:53 a.m. and 10:00 a.m. and 10:13 a.m. and 11:01 a.m.)

Close

$9.30

The day before

On August 4, JLHL traded between $5.14 and $6.41 on light volume, 84,946 shares. The official close was $5.42. The last print in the data that day was $6.09.

The data shows no news headline for August 5.

Pre-market: the float traded by 5:01 a.m.

The first trade on the 5th was at $7.22, already well above the $5.42 close. In the first two minutes it traded as low as $6.26 and as high as $10.56 at 4:01 a.m., the pre-market high.

By the end of the 5:00 a.m. minute, more shares had traded than exist in the whole float (1.45 million). 2.91 million shares traded before the bell.

The price drifted down from the early spike. It hit $6.74 at 5:14 a.m., 36% below the $10.56 high. Then it went quiet and spent most of the next four hours near $7.

The open

It opened at $7.00, up 29% from the previous close. That was also the low of the open minute.

The Level 2 book shows a bid wall at $7.00. It first showed at 9:36:52 and peaked at 22,514 shares at 9:38:14, about 1.6% of the float.

The 9:41 candle closed at $7.92 on 46,316 shares. The 9:42 candle reached $8.29 on 75,542. By 9:47 it was at $9.07.

At 9:47:38 it was halted (a volatility pause). It reopened at 9:52:38, and the first print was 33,737 shares at $8.32, below the $9.07 where it stopped. One second later, a 5,000-share market buy would have averaged $8.86 against a screen price of $8.68, $888 more.

It ran to $9.76 and was halted again at 9:53:47. It reopened at 9:58:47 at $9.77. The next minute it hit $10.59, and at 10:00:13 it was halted a third time. That one reopened at 10:05:13. Each halt lasted five minutes.

$11.73, then $13.00 and $14.46

After the third reopen it kept going. A buy sweep at 10:06:58 took 30,251 shares from $11.25 to $11.73, and the high was $11.73 in the 10:06 minute. From the $7.00 low at the 9:30 open, that was a 68% run.

It dipped to $9.79 at 10:09, then pushed again. It closed the 10:13 minute at $12.38, and at 10:13:56 it was halted for the fourth time.

It reopened at 10:18:56 at $13.00, above where it stopped. A 38,653-share print went through at $13.00. One second into the reopen, a 5,000-share market buy would have averaged $13.57 against a screen price of $13.26 with only 52 shares offered. That's $1,538 more.

It touched $13.69 at 10:19. At 10:19:11 a sell order of 33,505 shares swept down from $13.24 to $12.31. By 10:20 the low was $11.70. Then it ran again to $14.46 at 10:23, and closed that minute at $12.92.

The wall at $14.00

From 10:48 a.m. on, someone was offering stock at exactly $14.00. It grew until it peaked at 25,798 shares at 10:59:54, about 1.8% of the float. Meanwhile the stock had pushed up from the low $12s. A buy sweep at 10:50:39 took 32,745 shares up to $13.30, and by 10:58 it was touching $14.00 without breaking it.

At 11:01:23 a 45,257-share buy sweep ran through 69 price levels, from $13.82 to $14.50. In under a second, 13,557 shares traded at exactly $14.00 and the wall was gone. It wasn't pulled. Buyers ate it.

At 11:01:45 it was halted for the fifth time, with the last price at $14.85. It reopened at 11:06:45 at $14.00, below where it stopped. A 32,381-share print went through at $14.00.

The 11:07 candle hit $15.36, then dropped to $13.10 and closed at $14.02. It climbed again at 11:10 and reached $16.14, the high of the day, at 11:11. By 11:12 it traded as low as $14.55.

The rest of the day

It came back once more. At 11:20 it pushed to $15.72, a lower high under the $16.14 top. By 11:28 it was at $13.05. An ask wall appeared at $16.00 at 11:30:24 and peaked at 25,985 shares at 11:53:35, while the stock traded around $12 to $13.

At 12:01 it dropped from $12.28 to $11.11. By 12:02 the low was $10.61. It chopped near $10 to $11 through the early afternoon: $10.14 at 12:30, $9.55 at 12:39, and around $10 most of the time after 1:00 p.m.

At 3:32 p.m. one candle fell from $10.15 to $9.30. It closed the regular session at $9.30, 42% below the high of the day.

After hours it dropped to $8.30 at 4:01 p.m. and $7.79 at 4:30 p.m., bounced to a high of $9.25 at 5:10 p.m., and was trading around $8.10 to $8.40 late in the evening. 303,698 shares traded after hours.

Through the close, 16.89 million shares had traded, pre-market included: the float changed hands about 12 times. Whole-day volume was about 5.6 times normal. It was halted five times.

What to take from it

• After the top, the next push stopped lower. The high was $16.14 at 11:11 a.m., then $15.72 at 11:20 a.m.
• A halt can reopen lower than it stopped, and the book is thin in those seconds. The 9:47 halt stopped at $9.07 and reopened with a first print at $8.32. After the fifth halt, a 5,000-share buy averaged $2,898 over the screen price.
• Most of the move was gone by the close. It closed at $9.30, 42% below the $16.14 high.