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JPI Final Target Hit + Miscellanous Notes

As mentioned last week, numerous trade ideas have recently hit one or more profit targets. For categorical purposes, static charts are posted as profit targets are hit on the trade ideas on RSOTC. This provides a pictorial history of the trade ideas from trade setup, breakout/entry, and how the stock reacts at each profit target, which can be used as an education resource in which to study the past price action of a particular stock or technical price pattern.  All posts on RSOTC, including failed trades, market analysis, etc..., are archived indefinitely and can be easily referenced by using the symbol [...]

2014-02-18T11:07:45+00:00 Feb 18, 2014 11:01am|Categories: Completed Trades - Long, Growth & Income Trades- Completed, Long-Term Trades- Completed|Tags: |Comments Off on JPI Final Target Hit + Miscellanous Notes

Growth & Income Trade Updates

In taking some time off this week, I just noticed that several of the active long Growth & Income Trade Ideas have recently hit an initial and/or final profit target. I have a few things outside of trading to take care this morning but will post updated charts on each of these trades later today or over the weekend. As always, all previous charts and commentary on any trade idea posted on RSOTC can be quickly referenced via the symbol tags. Symbol tags for each stock, ETF or index mentioned in a post will appear at the bottom right hand of [...]

2014-03-06T13:23:13+00:00 Feb 14, 2014 10:15am|Categories: Completed Trades - Long, Growth & Income Trades- Completed, Long-Term Trades- Completed|Tags: , , , |Comments Off on Growth & Income Trade Updates

JPI Growth & Income Trade Update

JPI went on to kiss the top of the falling wedge followed by one last pullback within the pattern before breaking out... all-in-all, bullish price action so far.  Initial target remains as marked although my preferred sell level has been added.  Previous & Updated daily charts:

2013-10-01T14:14:17+00:00 Oct 1, 2013 2:14pm|Categories: Completed Trades - Long, Growth & Income Trades- Completed, Long-Term Trades- Completed|Tags: |Comments Off on JPI Growth & Income Trade Update

JPI Growth & Income Trade Idea

JPI will be added as an Active Long-term Trade Idea with stops and targets TBD.  As this closed-end fund may or may not need one more thrust lower with the falling wedge pattern, I prefer to use a scale-in strategy to accumulate a position.  The most likely first target will be the 23.20 area although I plan to follow-up with specific target(s) & suggested stop levels soon. JPI invests primarily into preferred and other income producing securities and like most other recently posted CEF trade ideas, the fund employs the use of leverage which can serve to enhance returns, if conditions [...]

2017-03-08T21:21:23+00:00 Aug 28, 2013 1:23pm|Categories: Completed Trades - Long, Growth & Income Trades- Completed, Long-Term Trades- Completed|Tags: |Comments Off on JPI Growth & Income Trade Idea