Tuesday, March 1, 2011

Bought JJC at 57.48, sold at 59.48

Bought on 2/23/11
JJC - Channel 56.29 - 62.21 = 5.92 (/3=1.97)
Enter at 57.48
Stop at 55.89 - Loss 1.59 per share (20 shares)
Target 60 - Gain 2.52 per share




Sold on 3/1/2011 at 59.48.  My stop got hit during the AM. I had set it to the low of two days ago. This trade went well, overall, although at the moment I have the feeling that JJC has some more upside potential. Eh well. What's done is done.




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