CAMARO's Watchlist for 5/1/13 | Stock Haven | Stock Chat Room | Penny Stocks | Options |Stock Haven | Stock Chat Room | Penny Stocks | Options |

CAMARO’s Watchlist for 5/1/13

GMCR - Finally broke above this little wedge pattern today and closed above it today. Tomorrow is the day for GMCR to get some momo and perhaps to make new 52w highs by the end of this week. I’m looking to play the 57.50 calls. The ideal setup tomorrow would be a gap down to buy calls for a r/g move.

 CAMAROs Watchlist for 5/1/13

V - On my radar tomorrow for new all-time highs . Its sister stock MA reports earnings tomorrow pre-market and depending on how MA does it will help V propel to new highs. V reports earnings after the close tomorrow so be aware of that. I like the idea of going long some calls and play the premium rise into the report plus the chart itself looks great. I would use 167 as my stop loss and of course if MA reports bad ER then V wont be in play.

 CAMAROs Watchlist for 5/1/13

CMG - This bull flag is still in tact- just waitng for a power move above 366 to trigger an entry into the stock. Been watching it all week but haven’t seen all what I needed to see for me to buy, just gotta be patient.  Above 366 with force and we could see 375 this week.

 CAMAROs Watchlist for 5/1/13

GS - Its been slowly grinding higher this week giving us little moves past few days but today the range opened up a little bit. Key level to me is the 8ma on the weekly chart which is at 146.30 and if we can get above that level tomorrow it would be the first time GS is above that level since early March. I much more prefer playing the monthly 150 calls here and not the weekly anymore.

 CAMAROs Watchlist for 5/1/13

Full watchlist available here http://www.thestockgarage.com/watchlist-for-5113/

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