Position Updates & Gauges for Trading on 1/14/2015

Mish Schneider | January 13, 2015

*NOTE: Out of GM Break Even stop 34.80

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***Existing Position: Long ½ position MOS filled 46.00 ATR .62 (Reports February 11th)

Name of Instrument: The Mosaic Company

Sell Stop: 44.79

Current Price: 45.45

Reason For Trade: After a significant peak bottom in mid-October, it flew past the 200 DMA and then returned to the 50 DMA. The 50 DMA has crossed above the 100 DMA. The risk is good, position small and trading in anticipation it can clear the 200 DMA. Longer term, 50.00 is the place it must clear.

First Profit Target: 47.94 for ½ off

View Gauges
View Gauge

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Existing Position: Long GM 34.80 ATR .76 ¾ position

HIT ***Breakeven Stop: 34.80 NO LOSS