WEST - Saw a nice move today intraday with big volume, we tweeted it as soon as we saw it, around .034. Tomorrow it looks good for some more upside with .04s being the target tomorrow. This is an old runner, could be the start of another run today
NNRX - Got alot of buzz today as its rumored to be a new pump and with over 8mill shares trading today I would have to think its gonna get something here soon. First target would be 1.20-1.30 as long as .95-97 holds up for support.
ERB – In a bull flag here that could breakout tomorrow. I like the big EOD volume surge. Tomorrow it needs to break 1.65 right away and then its pretty much blue skies. Look at 3 year chart, 1.60s is a very big breakout
KIOR - On watch for a 1.94 breakout. Its been in this channel from 1.94-1.60 for about 2 weeks, could breakout tomorrow and then bring in the next bounce target around 2.30
TLT - Last week I highlighted TLT and talked about how the moving averages were starting to curl up and how TLT could get a close above its 50ma which would be a very powerful thing and today it finally did that. Today we closed above its 50day , 1st time since early May and tomorrow we should see the 8ma cross above its 21ma which would also be a first since early May. I am long some TLT calls and am targeting a big move this week up to 108-110. Its been a long time since TLT has actually bounced (not just sideways action) so any up move could be a fast one. You can see a chart I posted earlier this morning here http://i.imgur.com/s1mlFmD.png
BIDU - Held up great today in a weak tape and is hovering right under the psychological 150 level. I plan on buying a 150 break and looking to sell into the rip towards 151-152 I think it happens fast. Just a day trade setup here.
NFLX - Tomorrow will look for a big gap down to around 295-297 to buy and play for a red to green move. The stock today rejected new all-time highs in a big way fading 20$ off its high but it never really violated any major support levels. Still overall bullish to me but I do believe it sees a ugly gap down tomorrow but that could be a great buy the dip opportunity for me. So 295-297 is the sweet spot for me, any lower or higher and I probably wont play it. just a daytrade setup again.
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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