RIMM - Looking for a big winner here on RIMM . Broke above wedge pattern on friday. A move back to its 200ma is for sure in play this week. The 200ma is trading a little above 10. We are looking at the 10 strike Dec22 calls for a big winner.
NFLX - Hope everyone banked on NFLX. We had this on watch for like 8 straight days watching for the break above 80 and Thursday and Friday we got 2 nice pops rising to 83.10 which was a big winner for NFLX 80 calls. The chart still looks great here though, closing above its 200ma back to back days is a something postive to note and not something we can say about too many other stocks. If NFLX can cross 90 in near future then 100 will get touched quick.
PHOT - Big winner off our watchlists now trading up in the .06’s . This is in blue skies territory and we’re thinking .10c is where PHOT is going. Many other weed stocks have made the run to .10c. CBIS MJNA HEMP. So we’re thinking traders are gonna trade this up to .10c then leave it alone. Key support is at .059 and the must hold support line is Fridays low .0533
To view the rest of the watchlist please visit The Stock Garage
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