Position Updates & Gauges for Trading on 7/21/2014

Mish Schneider | July 20, 2014

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

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