Opened Longs, GDXJ, JCP

A lot of miners had some decent looking charts.... (I went through hundreds of charts this weekend.)  Rather than mess around with individual names I went into GDXJ.  Perhaps its because last year at this time I went in to GDXJ for a 10+ point move. Here we have aice little flag and a breakout out.

Entry: 28.13
Note, I sold off half my position at 28.83
Stop 6 EMA.

JCP:
Hit a nice gap with narrow consolidation after a gap test.
Entry: 8.08
Stop 7.55

CLOSED: JCP

So I bought JCP.  I chased it  and then it fell today.  Again, a reminder not to chase.  JCP gave a good entry middle of July, which would have allowed a pick up of a 8-10% gain.

Summary:
Entry 9.70
 Stopped at 9.29
I chased.  This again is a reminder of why I don't like these types of breakouts.  I kept the loss small. .5R

Opened: JCP

Bot JCP @ $9.70 as it breaks out of the consolidated range.

Stop 9.30