****Lower stop PHO 25.39
++++++++++++++++++++++++++++++++
New Position: PM: Long 85.07 ATR 1.10
Sell stop: 82.97
Current Price: 84.65
Name of Instrument: Philip Morris International Inc
Reason for trade: Slingshot low 7/02 Clearing the 200 DMA now with possible basing action if does, can take this to 87 and beyond
First Target: 87.40 for 1/3
++++++++++++++++++++++++++++++++++++++
Existing Position: PHO: Long 26.05 ATR .27
Name of Instrument: PwrShares Water Resources
***Lowered-Sell Stop: 25.39
Current Price: 25.53
Reason For Trade: Brick wall bottom on 7/18 clearing the 200 DMA good risk, back in improved phase
First Target: 27.04 for 1/2
+++++++++++++++++++++++++++++++++++++
Existing Position: URA: Long 15.05 ATR: .27
Name of Instrument: Global X Uranium ETF
*****Raise Stop: 14.99
Current Price: 15.48
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
++++++++++++++++++++++++++++++++++++
Existing Position: Long CSC at 62.98 ATR .86 ½ Position
***NOTE-Must exit on or before August 7th before earnings-no date confirmed
Name of Instrument: Computer Sciences
Current Price: 64.32
****Trailing Stop: 63.34
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.
****REACHED!!! First Target: 64.67 for ½
Second Target: 65.69 for another ½ balance left
