CAMARO’s Watchlist for 1/22/13
BIDU - Very nice bull flag forming on the day and with a few other china stocks looking ready for breakouts I think BIDU is set up for another monster move back to 116+ this week. Looking to play the 110 strike calls.
SINA - Looking for a break above 56 this week and then Ill hop into the 57.50 calls and play the breakout. If SINA closes above 56 it could see 60 by the EOW. But remember I have been waiting now for 5 days to catch a nice breakout on SINA. Patience is the name of the game. Wait for 56 break and hold.
PLG - Bull flag here, watch for a breakout above 1.15 this week as that should trigger the next move higher to October highs around 1.30
To view the full watchlist please visit The Stock Garage
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