Jerry wanted to know how much higher CCJ could possibly go. There are some clear resistance points on the chart — the 50-day moving average, the May high and the March high. So in the short term, barring any big news, I’d say zero to eight points. I’d watch how it acts around the 50 DMA closely though — this chart reminds me of many of the charts in William O’Neils book about shorting. 
