Position Updates & Gauges for Trading on 6/18/2014

Mish Schneider | June 17, 2014

****NOTE: TAN Reached Target took ½ off 43.30

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Existing Position: Long TAN 40.30 ATR 1.05

Name of Instrument: (ARCX) Guggenheim Solar Energy

Current Price: 44.28

***Breakeven Stop: 40.30

Reason For Trade: After a slingshot low May 21^st, been compressing over the 200 DMA. June 11ths bullish engulfing pattern gave us a unique risk of only 1.5 ATRs to under the 200 DMA as solar stocks firmed on a weak day in the overall market

REACHED!!! First Target: 43.29 for 1/2

View Gauges

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Existing Position: Long OI 33.51 ATR .43

Name of Instrument: Owens-Illinois

Current Price: 33.90

Sell Stop: 32.29 or about 3 ATRs risk

Reason For Trade: Clears chart point since mid-April. Over 80 month moving average. Potential to 38 or better

First Target: 34.89 for 1/3

View Gauges

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