CAMARO’s Big Board Watchlist for 5/29/13
TRIP - Bull flag that broke out today and tomorrow looking for continuation as now TRIP is in all-time highs and is a pretty heavily shorted stock that could keep going tomorrow. 63.70 is support
HPQ - Daily bull flag here. Breaking it down to a 60min chart I see 24.75ish as big level. I would watch for a 60min close above that level to target a bull flag breakout. I like the 25 strike calls for a move as they will go ITM if HPQ breaks out
SCTY - Bull flag on the daily that I think will get going this week. I like the idea of buying it on weakness as long as it holds above 45. Today SCTY was down 4% and although if it breaks 45 we could see 40.28 come into play but as long as 45 holds I much prefer the long side with new 52w highs in the picture.
LNKD - On watch for a short tomorrow under todays low, Would short a gap up tomorrow. The 8/21ma are curling down and we are testing key support. Breaks under 167 and I think LNKD could tank to sub 160
Click here for rest of my big board watch list
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