Position Updates & Gauges For Trading on 10/11/2016

Mish Schneider | October 11, 2016

***NOTE: Now that we have 2 ATRs, Raise stop to Breakeven in GREK: 7.14 ***Raise stop WWE to 19.97 ++++++++++++++++++++++++++++++++++ New Position: JCP: Long at 9.10 ATR: .30 Name of Instrument: J.C. Penney Current Price: 9.06 Reason For Trade: I’ve been watching this stock for a while. This recent correction puts in on major support in 3 timeframes. Daily chart-the 200 DMA. Weekly chart-the 50 WMA. Monthly chart-the 23-month MA. Our stop is under all

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