Hindsight Markets Small-cap stocks on August 5, 2026
JLHL on August 5, 2026: why it ran
On August 5, 2026, JLHL opened up 29.2% from the previous close of 5.42 and reached 16.14 at 11:11 a.m. ET. The exchange halted it 5 times.
- Previous close
- 5.42
- Open, 9:30 a.m.
- 7.00
- Gap at the open
- up 29.2%
- Pre-market high
- 10.56 at 4:01 a.m.
- High, 4 a.m. to 4 p.m.
- 16.14 at 11:11 a.m.
- Low, 4 a.m. to 4 p.m.
- 6.26
- After-hours high, 4 p.m. to 8 p.m.
- 9.40 at 4:00 p.m.
- Last trade before 4:00 p.m.
- 9.30
- Volume
- 17.19 million
- Relative volume
- 5.6x
- Float
- 1.45 million shares, from filings as of August 5, 2026
- Shares outstanding
- 21.45 million
Replay JLHL's day
It starts at 9:41 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:44 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The day, step by step
- Small cap
- Momentum
- Gap, run and fade
- Halted five times
- Round-number break
- Float traded 12x
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.
Stop It's 9:41. JLHL is at $7.46. For the last six minutes it has held between $7.30 and $7.54, with a bid wall at $7.00 below that has been as large as 22,514 shares. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 9:41 a.m. ET for your call, then show what happened. The clip starts at 9:38 a.m. ET.
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.
Stop It's 11:01. JLHL is at $13.68. A wall of up to 25,798 shares has been offered at exactly $14.00 for 13 minutes, and it has been tested twice in the last few minutes. Would you buy here?
Press play: the real Level 2, time and sales and chart stop at 11:01 a.m. ET for your call, then show what happened. The clip starts at 10:58 a.m. ET.
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.
Stop It's 11:07. JLHL is at $14.82. It reopened from its fifth halt a minute ago at $14.00. A 42,522-share buy sweep just went through to $15.00. Would you chase it here?
Press play: the real Level 2, time and sales and chart stop at 11:07 a.m. ET for your call, then show what happened. The clip starts at 11:04 a.m. ET.
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.
Why it ran
News and SEC filings for JLHL published between the previous session's close and the first minute JLHL traded 20% above it, at 4:00 a.m. ET, newest first, from the same feeds the replay shows.
No news found before the move.
How it traded
Gap, run and fade. It gapped up 29.2% to 7.00 at the open, ran from the open to the high of 16.14 in 101 minutes through 5 halts, then gave back 75% of that move by 4:00 p.m., trading at 9.30.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 4:00 a.m. | First trade 20% above the previous close of 5.42 | |
| 4:01 a.m. | Pre-market high, 10.56 | |
| 5:00 a.m. | Volume since 4:00 a.m. passes the whole float, 1.45 million shares | |
| 9:30 a.m. | The open: 7.00, up 29.2% from the previous close | |
| 9:47 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:52 a.m. | |
| 9:53 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 9:58 a.m. | |
| 10:00 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:05 a.m. | |
| 10:13 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 10:18 a.m. | |
| 11:01 a.m. | Halted: LULD pause (limit up-limit down). Trading resumes at 11:06 a.m. | |
| 11:11 a.m. | High of the day to the close, 16.14 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, 9.30, 42.4% below the high |
The shape is a fixed rule, not a judgement: gapped 10% or more at the open, ran 10% or more from the open to the high, and faded if it gave back 30% or more of that move by the close.
The day in numbers
- Volume, from the one-minute bars: 2.91 million shares before the 9:30 a.m. open (17%), 1.27 million in the first 30 minutes (7%), and 13.02 million in the rest of the day to 8 p.m. (76%).
- Float rotation, the volume since 4 a.m. against the float of 1.45 million shares: past it once at 5:00 a.m., twice at 9:28 a.m., three times at 10:05 a.m.
- The halt at 9:47 a.m.: up 11.3% in the 5 minutes into it, reopened at 8.32, down 8.3% from the last trade before it, then up 17.3% over the next 5 minutes.
- The halt at 9:53 a.m.: up 7.6% in the 5 minutes into it, reopened at 9.77, up 0.1% from the last trade before it, then up 8.4% over the next 5 minutes.
- The halt at 10:00 a.m.: up 8.5% in the 5 minutes into it, reopened at 10.59, unchanged from the last trade before it, then down 4.2% over the next 5 minutes.
- The halt at 10:13 a.m.: up 15.1% in the 5 minutes into it, reopened at 13.00, up 5.0% from the last trade before it, then up 7.6% over the next 5 minutes.
- The halt at 11:01 a.m.: up 19.4% in the 5 minutes into it, reopened at 14.00, down 5.7% from the last trade before it, then up 13.1% over the next 5 minutes.
- Other days JLHL met the small-cap rule in our recaps: 1, the latest on September 2, 2026.
Halts
| Halted | Resumed | Length | Reason in the feed |
|---|---|---|---|
| 9:47 a.m. | 9:52 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 9:53 a.m. | 9:58 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:00 a.m. | 10:05 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 10:13 a.m. | 10:18 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
| 11:01 a.m. | 11:06 a.m. | 5 min 0 s | LULD pause (limit up-limit down) |
On this date the LULD plan ran under Amendment 18, in force from February 24, 2020: no band doubling at the open, and the closing doubling only for Tier 1 stocks and Tier 2 stocks whose previous close was at or below three dollars. See LULD halts or work out a band with the LULD calculator.
Trade this day
Replay JLHL on August 5, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.