CAMARO’s Watchlist for 8/8/13
AMGN - Huge engulfing bar today as it opened lower then reversed back green. Then it went on to engulf the last 3 days of selling and the last 15 days of trading. Todays candle is very bullish and should lead to more momo on this name. 52w highs are just a stones throw away and on the intraday chart AMGN closed the day out with a really nice 15min bull flag . Watch for a break above prior high and then I would target a move above 115 by friday. Ill plan on trading 115x calls.
LNKD - Holding onto its earnings gap from a few days ago and today it gave us a nice reversal candle and managed to close the day in the green at the highs. Tomorrow looking for a break of prior to add to positions, im currently in some calls. There really isnt much resistance til all-time high at 237.96 so not so sure on the target at the moment.
TSLA - It will open tomorrow probably above 150 due to its earnings beat during afterhours and I wont be surprised if we see a massive short squeeze tomorrow. Will be in play all day tomorrow. TSLA trades really nice with clean intraday setups so just wait for them to setup. Otherwise look to get long on any sharp dips as I believe we will see every dip get bought tomorrow.
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