Position Updates & Gauges as of Trading on 2/10/2017

Mish Schneider | February 9, 2017

***Note: Raise JCP stop to 6.57 ***Raise stop to trailing in IFN: 21.94 +++++++++++++++++++++++++++++++ Existing position: JCP: Long 1/2 position at 6.75 (must be out b4 earnings 2/23.) ATR: .25 Name of Instrument: Penney (J.C.) Current Price: 7.07 Reason for Trade: JCP had a good reversal pattern on January 30th confirmed. It also held the lower Bollinger Band so our stop is just below both the January lows and the BB. We have only 10

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