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CAMARO's Watchlist for 4/17/13 | Stock Haven | Stock Chat Room | Penny Stocks | Options |Stock Haven | Stock Chat Room | Penny Stocks | Options |

CAMARO’s Watchlist for 4/17/13

CELG - The biotech sector as a whole continues to be a big runner and CELG has been one of the stand outs. The setup right on CELG looks pretty good and with all-time highs only 2pts away I think there is a good chance we break into new highs again by the end of the week. The 125strike calls look good they are currently trading for .42c and if CELG does indeed bust into new highs its likely these will go ITM by friday.

 CAMAROs Watchlist for 4/17/13

LNKD - another stock that is setting up for new all-time highs before expiration friday. On monday LNKD made a huge pullback to its 8 and 21ma but found support right at 175. Looking into tomorrow I think its very important for LNKD to break 182.93 which was the HOD today and on 3/22 . A close above that level should give us a perfect setup for a push above 190 by friday. This stock is gaining momo.

 CAMAROs Watchlist for 4/17/13

GS - We mentioned GS could head lower today unless reports screws up the trade and even though GS reported good numbers the overall trend in GS (downtrend) was too strong and GS closed back under the 8/21ma’s  on heavy selling volume and was one of the few bank stocks that closed red today showing relative weakness. I am looking to continue to short GS back to 140 or lower this week.

 CAMAROs Watchlist for 4/17/13

 

The rest of watchlist can be viewed here http://www.thestockgarage.com/watchlist-for-41713/

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