CCJ 1st target hit

CCJ hit T1 on the previously posted 120 minute time frame which was also T2 on the previously posted 30 minute chart trade update.  CCJ still looks to have a good chance of hitting the next two targets if/when that T1 resistance level is taken out. i may add additional targets if prices continue higher [...]

Apr 22, 2012 9:45pm|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ 1st target hit

CCJ 30 minute chart

CCJ is approaching the first target recently posted on the 15 minute time frame (2nd chart below).  here's an updated 30 chart showing that prices have clearly broken above that downtrend channel i was tracking and are now close to hitting the first target.  note the thin zone on the volume at price histogram to [...]

Apr 17, 2012 11:58am|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ 30 minute chart

CCJ long update

120 min chart below shows the ideal stop level for the trade (just under the recent lows) as well as some intermediate term targets.  for longer-term swing-traders/investors, the daily chart shows the first two upside targets along with the same support (stop) area shown on the 120 min chart as well as a key resistance [...]

Apr 15, 2012 11:03pm|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ long update

CCJ update

the recently posted CCJ long did trade below the suggested stop level under 20.20 on the shorter, 15 min time frame but it didn't get far below that the key support posted on the daily chart.  therefore, i've kept this on as an active trade for swing-traders and investors and i still have the shares [...]

Apr 12, 2012 2:30pm|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ update

CCJ targets

targets for CCJ bounce trade (see previous post) shown here on 15 min target.  stops under 20.20 area.  keep in mind on the entry that bottom of the previous gap on the daily chart is around the 20.35 area so this trade provides the most objective entry around that level.  i also favor the short-side [...]

Apr 4, 2012 9:51am|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ targets

CCJ bounce trade

CCJ was a recently completed long trade entered on a break of this key daily channel.  after hitting and exceeding both targets, it has now pulled all the way back to the former T1 area (now support) and based of the intraday charts as well, looks like an objective long entry for at least a [...]

Apr 4, 2012 9:45am|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ bounce trade

CCJ final target hit

longer-term investors/swing traders may decide to raise stops and tuck this one away for longer term.  i just sold all shares at 22.98 to book the quick profits.  original target on left, updated on right:

Jan 19, 2012 9:58am|Categories: Completed Trades - Long|Tags: |Comments Off on CCJ final target hit