BMSN - Closed right at HOD as we alerted this one around .0034 today on twitter and it made a nice move today. Big resistance level at .005 but I think based upon the volume today that BMSN will break .005 and perhaps do the sub-penny to penny move
MJNA - Closed right at resistance and tomorrow im looking for some follow through on MJNA. Love the volume today. Watch for an extension above .162 (100day high) . Could run to mid .20s this week. Get above .16 and stay above .
SWVI - Well like we clearly laid out last week SWVI wasnt going to be in play until it broke above .30c and now we are finally getting some upside momentum. .40c is our target for this week. Then let it consolidate for a bit before in play again
VDSC - Amazing run today. Went completely under my radar but close up at .008 and looks prime to make a sub-penny to penny run. Much like NTEK just did this week. .015 target on the penny break.
GOOG - Looks prime for a new 2013 high this week. After a few days of consolidating higher. GOOG channelled in this same range last september from 750-770 so I would expect to see the same type of range going forward until we break one of those two levels. I am currently in some 760 calls and am looking to hold for 765 target.
AMZN - Watching AMZN trade after hours makes me believe that 300 is very possible this week. Will look to enter some 290 strike calls tomorrow to see if we can get some type of squeeze play much like how NFLX ran last week. Very powerful daily candle formed today on AMZN.
CMG - Tight trading action today with light volume. Appears to be resting as it waits for the 8ma to catch back up. Would look to maybe hop back in some calls tomorrow closer to the closing bell as long as it holds above todays low of 307.27
JPM - Banks continue to show alot of strength and with JPM’s bullish engulfing candle today it appears that JPM is looking for new 52w highs as well. Could supply a nice scalp type trade with the 47.50 calls tomorrow with 48.20ish target. The 47.50 calls are only .20c so they could run a few hundred percent if target is reached.
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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