***Profit target Reached: CORN: Sold 1/3 Position 31.67 now move to no loss stop for balance
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***New Position: Long CCUR 8.48 ATR .30
Name of Instrument: Concurrent Computer Corp
Current Price: 8.53
Sell Stop: 7.64
First Target: 9.84 for ½
Reason For Trade: Reported well, cleared the 80 month moving average. Longer term trade looks poised for move to 9.85 or higher.
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New Position USO: Long 35.11
Name of Instrument: United States Oil Fund LP
Current Price: 34.74
Sell Stop: 34.29
First Target: 37.00
Reason For Trade: Recently cleared the 50 DMA and 65 week moving average. Now trying to clear the 23 month moving average. If bottoming after last 2 years, should clear the 200 DMA and see another $2.00-3.00 move up
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Existing Position: CORN: Long 30.67 Position Size left 35%
Name of Instrument: Teucrium Corn Fund
Current Price: 31.52
Sell Stop: 30.67
Reason For Trade: After bottoming formation on 1/10/14, digesting the move with great risk to lows. 1/2 position until it can clear the 50 DMA
First Target: ****Reached 31.67 for 1/3
Second Target: 32.27 for another 1/3 off