New Position: URA: Long Filled 15.05 ATR: .27 Filled 15.05
Name of Instrument: Global X Uranium ETF
Sell Stop: 14.29
Current Price: 15.37
Reason For Trade: Breaking out of a channel after forming a bottom with long term potential to 16 and higher
First Target: 16.04 for 1/2
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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: 63.54
**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
