FREE - Continued to trend higher today following yesterdays breakout. I think this still has room to the upside and still looking for a move to .42c for tomorrow.
XIDEQ - Also continued to grind higher and finally hit our .46c target. I like how it closed at the highs . I think we could see a big move tomorrow before it finally puts in a top. Next levels of resistance is at .50c then .525c
PCWT - We alerted this one premarket as potentially new APS play and then emails came out and it seemed like it ran all day very similar to how APS use to run things a years ago. I think they gotta make up for what happened earlier, and although i wouldn’t tank this one overnight I think this can see .25 by end of the week
NTEK - nice move today, this stock has good history of multi-day runs. I think this can test 100days by next week. A good one potentially to swing for .12c target and use .09c as stoploss. I like that it closed at the highs todays on good volume
Gold caught a major bounce back today when the Fed announced it will not taper its QE program as of yet. This will cause a rise in price in gold and therefore we should see gold/silver miners also bounce. Here are some names you could look at for long trades. BAA AXU AUQ SVM SVLC LSG
AMZN - On watch for new 52w highs tomorrow, today it came within .90c of hitting but just ran out of juice. tomorrow I think it sees a rip in the AM to 315 before pulling back for rest of week.
TLT - Bonds got a big spike today when the Fed’s announcement of no taper. TLT is forming a descending triangle that appears that it will break the pattern to the upside this week. Today it tested the resistance at 105 but couldnt quiet power through. I beleive that changes tomorrow. Above 105 tomorrow I think it opens the door for a swing trade up to 110 within the next 1-2 weeks. Im looking at Oct calls
GMCR - This stock has been trading a in tight range for the last week or so and today started to open up its daily range and is only 3$ off its 52w highs and with 26% short interest this could see a big moving coming soon. On radar for 90 magnet for friday.
COST - In a bull flag on daily chart and right under 52w highs at 120.20 . Im looking here for Oct 120 calls and riding them til we get new 52w highs. I think this bull flag will breakout in the next day or 2.
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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