Note: Stopped out of PM 84.73
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New Position: SFM: Long 31.55 ATR .67
Name of Instrument: Sprouts
Current Price: 31.48
Sell Stop: 29.99
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: Long JBLU 11.07 ATR .39
Name of Instrument: Jet Blue Airways
***Raised Sell Stop: Trailing Stop 11.97
Current Price: 12.47
Reason for Trade: After testing the 50 DMA twice, it gapped up over the 10 DMA and gave a good tight risk to below the 50 DMA. Has cleared the 6 month calendar range as well. If can hold and clear recent highs 11.59 see 12.00 or higher
First Target: Reached Sold ½ position
Second Target: 12.98 (Sell 1/2 of remaining position)