Quantcast
CAMARO's Watchlist for 8/20/13 | Stock Haven | Stock Chat Room | Penny Stocks | Options |Stock Haven | Stock Chat Room | Penny Stocks | Options |

CAMARO’s Watchlist for 8/20/13

NFLX - Working on forming a big upper level wedge here with a rising support line from back in January of this year holding the stock up and a slight downtrend line from 52w highs holding the stock down the resulting chart is a tight one. However I believe that range will open up this week. Which direction? I don’t know but I do know NFLX has been green last 2 days while the market has been hit hard showing strength. I also know NFLX is only about 10$ off its 52w high. My bias is NFLX will break to upside and see new highs soon especially if markets find new base. I might cheat a little bit and get involved before it breaks out but ultimately it needs to break above 264 and then I think we can target new 52w highs by EOW.

 CAMAROs Watchlist for 8/20/13

FDX - In a really nice bull flag formation and in a sector that is holding up the best relative to the market. If SPY starts reversing tomorrow (which I am thinking it will) I believe FDX’s bullish setup is something to pay attention to. Needs to break above 109.20 tomorrow and then I would target a move to 112ish by EOW .

 CAMAROs Watchlist for 8/20/13

SPY - Looking to buy a big gap down tomorrow. If it opens up slightly or flat tomorrow I probably wont be playing it at all. But a gap down under 164ish I would be a buyer for a potential reversal going into Wednesday’s FOMC announcement.

 CAMAROs Watchlist for 8/20/13

 

Full list available here 

Did you know that you can watch Stockhaven trade live in real time?

Learn how to daytrade by watching someone else trade! Watchhimtrade.com is the only site that lets you look over the shoulder of a professional daytrader.

Watch this video now where he shows you how it’s possible to make 100% in just 5 minutes!

Educo Web Design

Sign up for the FREE SH Newsletter