CCJ overbought on 1D, trading outside 3 SD’s & KDJ oscillator crossing over to the downside took small position on some puts looking for move to demand zone around $23’s
CCJ is holding a base but will have to break resistance & make a re-test/new base on old resistance for a bottom pattern.
CCJ might be a buy here. Going to look at some calls
If you search the CCJ play the original target was demand zone, we basically hit it but it took till exp day to get there so profits weren’t at full potential. Taking the green.