Position Updates & Gauges for Trading on 8/20/2014

Mish Schneider | August 19, 2014

* * SOLD HPQ 35.46 Due to earnings due out tomorrow after the close**

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* * Moved stop up to 11.47 * *

Existing Position: Long JBLU 11.07 ATR .39

Name of Instrument: Jet Blue Airways

Sell Stop: Trailing Stop 11.47

Current Price: 12.33

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: 12.24 ** Reached 8/18 and sold 1/2 **

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