With highly volatile week and earnings season, took a very safe road with the light portfolio-will look for 1-2 trade setups this week. Thanks you for your patience!
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Existing Position: Long CSC at 62.98 ATR .86
***NOTE-Must exit on or before August 7th before earnings-no date confirmed
Name of Instrument: Computer Sciences
Current Price: 63.83
**Stop Loss: 62.19
Reason For Trade: Second try against the 50 DMA with less than 1.5 ATR of risk and weekly chart support-Reports August 7th so will exit before.
First Target: 64.67 for 1/2