CAMARO’s Watchlist for 11/27/12
SPY - We went into the day planning on a buying on any dips to or under 140.50 and we did exactly that. We are long the 140.50 calls on SPY this weeks expiry. Today SPY had an inside day but towards the EOD it got a serious push and closed above 141. Our target is 142+ this week.
FSLR - Watching for a 26 breakout this week. Breaks 26 and it will run to 30s in a hurry. Its above all major moving averages but has an obvious resistance at 26.00 so I will wait for the break. Looking at the 25.50 calls here if I play it under 26. Otherwise Ill move to 26.50 calls on a 26 breakout.
GMCR - After a huge move early last week we have had a few days of rest. Next leg could be tomorrow. Pretty wide range to trade with from 26-32 . A move into the 30s is very possible tomorrow. Looking at the 28strike calls they seem to be the best trading strike.
To view the rest of the watch list including penny stocks please visit The Stock Garage
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