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CEA setup/long removed

the CEA setup & possible long (if anyone entered before the last post suggesting to wait for R1 to be cleared before entering) will be removed as it has failed to surmount the R1 resistance level.  prices have also just floundered around aimless above and below the downtrend line since moving above it a few weeks back and have now moved slightly below horizontal support zone shown on the updated chart below so consider this trade stopped out and completed.

2012-08-22T13:37:54+00:00 Aug 22, 2012 1:37pm|Categories: Completed Trades - Long|Tags: |Comments Off on CEA setup/long removed

CEA breakout

the CEA long setup has broken out above the downtrend line, however, i just added a horizontal resistance level (R1) that could come into play.  therefore, if you were considering this one & haven't already taken it, best to wait for R1 to clear.  however, i will move it to the active trades category since i pointed out that level after the breakout.  targets added to the updated chart.

2012-07-27T10:17:16+00:00 Jul 27, 2012 10:17am|Categories: Completed Trades - Long|Tags: |Comments Off on CEA breakout