CAMARO’s Watchlist for 1/8/14
LNKD - A massive bullish engulfing reversal candle today as it gapped down big but then closed at the highs up almost 3% today. Watching for more follow through tomorrow, LNKD has seen a big wide range green bar like todays since 12/4/13 and that bar led to a great 5 day swing to the upside. I think we can see something like that happen here again with a target at 220. A gap down that holds 208 is a good buy spot for a move to r/g.
TRIP - Nice big move today and with a stock that has a big 20% short float this could have continued upside tomorrow. Ill just use prior high break as signal entry and Ill target a move to 86.50-87.00 .Just a day trade setup because Im not seeing much as far as big setups for tomorrow.
LQMT - Huge rip today and closed on the highs. I went long at .22c today after I saw it broke above a multi-month consolidation. This stock is a former runner and I have a great feeling that this will be a gap & go tomorrow with .30-.32c being next resistance & my target. I am long LQMT overnight.
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