CAMARO’s Watchlist for 9/20/13
SCTY - Broke above the bull flag formation today and now has room to run over the next day or 2 up into the 40s. This stock still has a 13% short interest and the other Elon Musk stock, TSLA is getting squeezed yet again. I think people will look at SCTY for potentail run up back to highs. Id looking for a gap down to buy and look for a r/g move with a 40 target.
BA - Looking for a swing short here, this stock went on a tear the last two weeks running up 13% before today when it put in a big long topping tail. I am looking at either next weeks 120 puts or Oct monthly 115 calls to play for a downside move back to 113-115 in the next 3-4 days. This stock is very overbought and even a ‘healthy’ pullback would bring it down to 113ish which is the 38.2% Fib retracement
GS - Looking here for potential lottery play tomorrow with the 165x puts either weekly or next weeks depending on how confident I am. GS today made new 52 highs at 170 but then sold off hard the rest of the day, resulting in ‘dark cloud cover’. Tomorrow I am looking for a gap up to buy puts on for a green to red move. I have had good success trading GS on these gap reversal days this year it does it a lot where it will gap down and go green or gap up and go red.
For the rest of my watchlist please go here
Did you know that you can watch Stockhaven trade live in real time?
Learn how to daytrade by watching someone else trade! Watchhimtrade.com is the only site that lets you look over the shoulder of a professional daytrader.
Watch this video now where he shows you how it’s possible to make 100% in just 5 minutes!