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Long Trade Ideas Updated, TC Removed

TC daily April 29th

TC daily April 29th

TC (Thompson Creek Metals Co) was stopped out back on March 5th, the same day that the stop was updated to a level of 1.31. TC, along with many other rare earth stocks, still looks poised for above average gains in 2015 & possibly beyond. As such, TC may be added back as a new Long Trade idea soon. In fact, a break above this minor descending price channel & especially the 1.37 area would likely be the catalyst for a rally in TC.

The remaining stocks & etf's listed under the Active Trades-Long category are all still Active Trades at this time as TC was the only Active Long Trade idea that had exceeded it's stop parameters or no longer looks compelling from an intermediate-term time frame at this time.

The other trade categories (Short Trades, Growth & Income Trades, & Long-term Trades) will be updated today as well. Unless any of those updates are time-sensitive or I decide to change any of the parameters (targets/stops) on any of those trades, email notifications will not be sent as those categories are updated although all Completed trades are always posted on the site for archiving & performance tracking purposes.

Apr 29, 2015 5:45pm|Categories: Completed Trades - Long|Tags: |Comments Off on Long Trade Ideas Updated, TC Removed