CAMARO’s Stock Watchlist for 7/8/13
GOOG - I like this setup here for a potential breakout this week. Currently its in a wedge formation that closed right at the resistance line around 894 on friday. Its now above both 8 and 21 moving averages and on monday we should see the 8ma cross above 21ma which is a bullish signal. I would look to buy a gap down and target a r/g move in the opening 30min or Ill wait for prior high break to target a move back into the 900′s
HLF - This stock can be a great trader at times because of its very high short interest and looking at the chart it looks primed to breakout soon. Look at the chart, it just broke out of a mini wedge and now its testing the bigger wedge. If it can get above 49 this week I would look for another short squeeze possibly back up to 52.50
No other setups for tomorrow that I think are ‘ready’ but I am watching these this week aswell.
LONG ideas- DDD SSYS EXPE MA AMZN CMG JPM WFC TSLA CELG & AAPL in a few days if it can hold onto recent rally.
Full Stock Watchlist including penny stock available here
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