MWIP - Finally starting to breakout above this flag pattern. We have had this one on watch for days now for a round 2 type move. Above .02c and this is back in blue skies territory . Want to see 10million+ shares a day now and a hold above .015 .
MIMV - Had a decent move today- people hopped in anticipating a .42ish break soon. Above .42 (downtrend line) and MIMV should get rolling again maybe to .60c
CBAI - still watching for a .0055 breakout tomorrow with .0075 target. then I can re-evaluate from there. Needs .0055 cross before it moves big.
AMBS - Monster movement here for AMBS. Today closed off the highs but during the day was able to establish good support at .16c so Id imagine most traders are going to trade against that level. Holds above .16c and AMBS will continue to trend higher, under .16c and the move might be over for now.
FARE - Hit 52w highs today and tomorrow should rip above that .19c level. No charts to play after that, just mental resistances. (.225 .25c .275 .30c etc) . Liking the steady volume here for FARE.
OPTIONS
CRM - Had its highest close ever today as the market got off to a good step today. CRM did gap up this morning but the gap was sold and it filled the gap but after filling the gap CRM trended higher and bounce far off the lows of the session to close at 171.17 . Tomorrow I expect CRM to continue its strong uptrend and depending on volume break into new all-time highs again. I am in 170 and 175 calls overnight.
FB - Pending breakout here for facebook. We have a clearly defined resistance zone at 28-28.25 …Looking tomorrow for a move above that resistance level to move into the 28.50 calls then setup 29.50 for my target. Currently in the 28 strike calls for .30c and would love to move profits into higher strike if I get the move I am looking for.
GMCR - Closed above recent highs today at 43.51 with convincing volume. Looking for call entries on pullbacks that hold 42.50ish . or on nhod rips. 50 is going to act like a magnet to start off 2013.
Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.
Sign up for our free newsletter!!!
We have emailed out a very impressive list of alerts that turned into huge gainers recently like PPHM +830%, MWIP +1100% and PVTA +470%!!! So sign up for our free newsletter to get alerts like these.
