CAMARO’s Watchlist for 1/13/14
TSLA - Looking for a bounce back week for TSLA. Needs to continue to hold support at 145 but I think this area is a great buying spot. Ill use fridays low as my stop loss and Im gonna target a move up to 155.
AAPL - Looking to buy the dip on AAPL on any cross under 530 on monday, I think this stock gets ramped up into monthly expiration. There is some heavy resistance around 546 so be aware of that level but if it finds a way to get there early in the week I think that would open the door for a move above 550 this week. But it would need 546+ by Wed. AAPL has been hugging its low BB line and in the past this has been great buying opportunities, hoping to see a repeat again this week.
MUX - In a bull flag on daily chart that I am looking for it to break above. Needs to break above 2.17c to get second leg higher back to prior resistance around 2.45-2.50. I am currently long MUX and I am using that area as my target and using a 2.00 stop. Ill give it until Tuesday for it break above the flag, if it fails to do it by then I will get out. I like the volume increase on friday, to me this signals demand is picking up and we will break that 2.17c on monday.
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