Watchlist for 2/20/13

MWIP - Starting to shape up nicely again in a good bull flag formation. Watch for a daily close above .107 before next move up. I believe this will run to .20c+ if it does break out again

COIN - subpennies have been hot as of late and COIN made a monster move today above recent highs of .0044 so I would use that for stoploss. .008 is the next area to watch for but imo it should run to penny land. However if it gaps up and then doesnt head higher in the morning its an avoid. Why? Look at the chart on 2/6 and 2/13 ..Gap ups were rejected. So gap and go is what we wanna see if it gaps

SNDY - Slow grind up here with some great support formed at .006 so that NEEDS to hold up going forward. No resistances on SNDY.

BBDA - Descending triangle formation on the daily but it might break above the resistance line right around .0055 . This used to be a big time runner in 2012 if your new to trading check out BBDAs chart. Beauty. Watching for a .0055 break then who knows where it could go. .008 has lots of trading history so thats resistance.

SWVI - Could see a final squeeze going into tomorrow and thursday before its all said and done. Could see a parabolic move to 1.00-1.25 tomorrow.

 OPTIONS

FLSR - I mentioned FLSR could see a squeeze into the 40s this week over the weekend watchlist and FSLR made a monster 7% move today. Tomorrow I want to play a break above todays high of 36.98 to get in calls. Likely the 35 strike Because they have hardly any premium.

NFLX - Still thinking 200 is in the cards for this week and based off todays action I would think NFLX is gonna hit 200 tomorrow. The 195 calls in my opinion are the best way to go because kind of did a slow grind today so playing ITM calls will let me hold onto the calls for longer period and not have to worry as much during dips

AMZN - Breakout watch tomorrow above the past 4 day high of 270.70ish . Nice pattern there if it breaks above that zone it could see a move to 275. It closed above the 21ma today and I think that could trigger nice move tomorrow especially with the strong market we have right now.

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

2,684 Spam Comments Blocked so far by Spam Free Wordpress

HTML tags are not allowed.