***NOTE: Raised stops in FITB and IGT. They report earnings-watch for instructions next Tuesday
NOTE: The Phases and Calendar Range Webinar is online at mish.marketgauge.com along with the Phases/Forecasts Report.
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New Position: KRE: Long 40.40 (ATR 1.22)
Current Price: 39.90
Name of Instrument: SPDR S&P Regional Bank
Reason For Trade: Bull Phase, Improved in Condition, 2 ATR risk with breaking out of a trendline from 2013 highs
Stop Loss: 39.37
First Target: 41.89 for 1/2
++++++++++++++++++++++++++++++++++++
Existing Position: VNO: Long 90.07 2/3 position
Current Price: 92.57
Name of Instrument: Vornado Realty Trust ATR 1.23
Reason For Trade: Confirmed phase change to bullish on daily chart. In good position on week/month charts.
Break Even stop: 90.07
REACHED***First Target: 91.87 sold 1/3
Second Target: 93.49 for another 1/3
+++++++++++++++++++++++++++++++++++++++++
Existing Position: Long IGT 17.96
Name of Instrument: International Game Technology
Current Price: 17.39
****Raising Sell Stop: 16.77
First Target: NO target now-just have to exit if not stopped out before the close on Tuesday
+++++++++++++++++++++++++++++++++++++
Existing Position: Long FITB 19.10 ½ position
Name of Instrument: Fifth Third Bancorp
Current Price: 21.37
***RAISED Trailing Stop: 20.89
REACHED**First Target: 20.94 Market if touched for ½
***Second Target: 23.49 or out before earnings
