CDE (Couer Mining, Inc) is approaching both horizontal (dashed) and downtrend line resistance while overbought on the daily RSI. As such, I am booking full profits here for a 45.5% gain from the original entry just over one month ago. The other factors leading to my decision to book profits early on this trade is the fact that both gold & silver are now approaching major resistance levels; the primary downtrend in gold as well as the 16.05ish former support, now resistance in silver (see GLD & SLV charts below).
The CDE Active Long (swing) trade will now be considered completed while CDE will remain an Active Long-term Trade with the current final target still at 6.55 (T3). Longer-term traders/investors willing to ride out any pullback should at least consider raising stops to protect profits.