ECTE - Nice breakout above recent resistance on Friday. Could turn into a nice swng play here using 1.30 for stoploss and targeting 1.55ish
PLG - Bull flag here, watch for a breakout above 1.15 this week as that should trigger the next move higher to October highs around 1.30
FREE - Has now retraced the majority of the big move it made few weeks ago and we are on bounce watch this week. I am going to watch and wait for FREE to break above the previous day high. It hasn’t done that in 7 straight trading sessions and I think that will act as good spot to get long at for a bounce play.
EPGL - Up little over 20% since first alert but I believe EPGL is going to go much higher based on the last few days of action. EPGL is in blue skies now and the next resitance level to watch out for would be .05 (pure mental point). However just because its in blue skies doesnt mean we ignore basic trading rules like using stop losses. At this point I think EPGL needs to stay above .03c to keep the momo rolling.
STEV - Former runner showing some signs of life again. Watching for a break above previous higher for a trigger long, could see .30s this week if the volume keeps consistent above 300k per day.
BIDU - Very nice bull flag forming on the day and with a few other china stocks looking ready for breakouts I think BIDU is set up for another monster move back to 116+ this week. Looking to play the 110 strike calls.
SINA - Looking for a break above 56 this week and then Ill hop into the 57.50 calls and play the breakout. If SINA closes above 56 it could see 60 by the EOW. But remember I have been waiting now for 5 days to catch a nice breakout on SINA. Patience is the name of the game. Wait for 56 break and hold.
FAS - Been a gap and go trade for FAS since the start of 2013 and with the nice tight consolidation here above 135 FAS is looking like it could pop higher soon to 140+. Keep on radar for a push above 138 this week
Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.
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