***Note: Stop in GE now 25.84 SFM back to 29.74 until you hear from me on Wednesday differently
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Existing Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 30.09
****Sell Stop: 29.74
Reason For Trade: Clearing the 50 DMA. Good daily basing action. If can clear over 33.20 see big potential to 40.00
First target for ½ 33.64 MIT
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Existing Position: GE: Long 26.05 ATR .24 2/3 Position Left
Name of Instrument: General Electric
Current Price: 26.02
***Sell Stop: 25.84
Reason for trade: Been basing out over the 80 monthly moving average-good 2 ATR risk to anticipate clearance of the 200 DMA
***Reached! First Target: Took 1/3 off 26.39
Second Profit Target: 26.74 for 1/3