AAPL - Fridays as of late have been awesome for AAPL and I expect no different tomorrow. In fact 11 of the past 16 fridays have had red closes and with AAPL’s failure to close above 507.50 (which is the high of 1/14/13) . So my lotto play for tomorrow is the 495 puts which closed today at .94c and if AAPL does indeed break down under 500 tomorrow I think we could test the low 490s and the 495 puts are the best place to be. Needs to break under 500 in the morning, otherwise I will give up on the trade.
AMZN - Holding onto that key 270 level and is still above its 8sma. Watch for a break above 272 as that should trigger the next move higher. I am looking at maybe swinging next week 275 strike calls and use the 8sma as my stoploss.
VDSC - Continues to trend higher this week as we are now in blue sky territory. I would imagine it will have issues with mental resistance areas like .005 and .0075 but judging by the current momo I strong believe this will run to penny land. Use prior day low for stop loss.
To view the rest of the watchlist please visit The Stock Garage
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!