Today’s Trade Idea:  URA and BJ Moving Toward Targets 1

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URA and BJ Moving Toward Targets 1

It was a choppy first trading session for the week yesterday Tuesday, which often is expected after a three day US holiday weekend.

Nevertheless, we saw some good moves, namely in URA on the upside (a bucket 3 holding) and BJ on the downside (a bucket 2 swing trading holding).

As such URA yesterday came within a few cents of reaching profit target #1 at $25 and we are sticking with this bucket 3 holding for now.

BJ yesterday dropped for the second straight day and is now around breakeven and trending toward target #1 at $63.

We are not opening a new bucket 2 swing trade today, for now.

Chart: