Position Updates and Gauges for Trading on 3/13/2015

Mish Schneider | March 12, 2015

***New Position: Long HACK 27.97 ATR: .47

Name of Instrument: PureFunds ISA Cyber Security ETF

Current Price: 28.04

Sell Stop: 27.43 around 1 ATR risk with a 2 minute time confirm

Reason for Trade: Holding the January Calendar Range High with our stop super tight based on the support at 27.50 after it gapped higher on February 13th. New issue ETF as of last November so not much historical data. If clears 29.61 that will be new highs.

First Profit Target ½ off: 28.66 or 1.5 ATRs

About the author

+ posts