CAMARO's Watchlist for 4/10/13 | Stock Haven | Stock Chat Room | Penny Stocks | Options |Stock Haven | Stock Chat Room | Penny Stocks | Options |

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CAMARO’s Watchlist for 4/10/13

CELG - Nice wedge pattern on the daily that could break tomorrow. Its holding above all its major moving averages so Im leaning to the long side. Also, biotechs in general have been big movers recently. Im watching for a break above 117.80 to trigger long entry and I will target the low 120s. The monthly 120 calls look the best to me.

 CAMAROs Watchlist for 4/10/13

SPY - Came within .20c of hitting its all-time high today before selling off into the close. I think that by the EOW and maybe even tomorrow SPY runs to 158+ and finally makes new all time highs.  The rally in bonds last week was impressive but SPY didnt even blink, also if you look at the VIX it already gave up all the gains it got from last week. Also today we broke the streak of 14 consecutive up down up down days by closing green back to back days.

 CAMAROs Watchlist for 4/10/13

GS - Still showing signs of strength and now I think a move back to 150 is possible. Last weeks high was 148.06 so I will use that as a trigger breakout then target the 150 level. Today GS closed above its 8ma for first time since 3/15/13 which is something very important to take note of.

 CAMAROs Watchlist for 4/10/13


Full watchlist available here 

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