CSC Trade on Feb 3, 2017 12:16 from RobEsposito20: Tradervue User Stock Trades.

CSC wasn't on my watch list however I have been doing a lot of research on trades that create a wedge pattern above VWAP. This checked every box of the specific variables I had been looking at so I watch it for an entry point. Strong daily chart, 3+% opening drive / gap, good RVOL, holding above VWAP, tight wedge consolidation, and the tape changing. The market was also very strong today. I entered 69.06 and my target was a resistance area from the morning of 69.75. I missed a couple of areas to get bigger and hold for more of the move. I should have been bigger when the tape change at 69.09 stop below VWAP 68.99 so risking 10 cents. I should have been bigger when it held 69.50 an area it sold off hard from twice today. Once that area held the play was HOD minimum for 69.95. Really could have made a lot more out of this trade.

Shares of Computer Sciences Corp. (NYSE:CSC) jumped on Friday after the company reported its fiscal third-quarter results, wherein it beat analyst estimates for both revenue and earnings. The stock was up about 9.5% by 11 a.m. EST.
So what
Computer Sciences reported third-quarter revenue of $1.92 billion, up 9.5% year over year and about $20 million higher than the average analyst estimate. The global business services segment generated $1.05 billion of revenue, up 18.1% year over year, or up 22.3% adjusted for currency. Acquisitions drove some of the growth in addition to strength in business process services.
The global infrastructure services segment produced $871 million of revenue, up just 0.8% year over year, or up 4.9% adjusted for currency. Again, acquisitions drove some of the growth. The segment was awarded $1.3 billion of new business during the quarter, and the company noted a mix shift toward cloud-based software solutions.
Non-GAAP EPS came in at $0.81, up from $0.73 in the prior-year period and $0.11 higher than analysts expected. Adjusted free cash flow totaled $299 million during the quarter, up from $169 million during the prior-year period. Computer Sciences expects to produce non-GAAP EPS between $2.75 and $3.00 for fiscal 2017, unchanged from its previous outlook.

AVOL – 1.73M
RVOL – 4.76
ATR – 1.83
FS% - 6.88%
Float – 140M