as i’m going thru the Active Trades today, i noticed that i have not updated the JJC short in quite a while. in my last post (see notes on previous daily chart below), i mentioned possibly adding some additional targets, which i finally did today. as you can see, prices did break that uptrend line, then shortly after had a stop-running/short-clearing spike right back to a key resistance line. from there, prices fell back below the uptrend line, re-tested it and fell pretty sharply down to what i have now listed as T1. since i was remiss in following up and adding that target before, plus i think there’s a good chance that prices will hit that level again, i will leave the trade on as an Active Trade for now. keep in mind that prices are still just barely above that level, offering an very profitable close to the short if you are still in it.
as i am in the final stages of building this site and making some final improvements, many of which are on the back-end which allow me to more efficiently categorized and track the outstanding trade ideas, i will soon be able to focus more time and effort on staying on top of all the many trade ideas posted here. even for those trade ideas not updated often, most of the targets are usually clearly outlined in the previous chart(s) and therefore, as a trader or investor, you can take profits accordingly when your preferred target(s) are hit. i am still working on implementing a system to email or alert users when new posts are made and hopefully should be able to roll that out soon.
previous JJC daily chart first, updated chart with target second. again, i won’t yet consider JJC an official hit of the first target (T1), since i added it after the two recent tags of that support level but price are still just above that level now should one want to take some profits.
