Hey gonna do a pretty big watchlist for this week. Please critique my watchlist Its always greats for everyone to share your ideas. It will only make you and me a better trader. Thanks!
AAPL- We hit $590 today like we expect AAPL will hit $600 easily tomorrow. That $600 Isn't gonna break very easily. We might see some consolidation at $600 but if we blow through that we will most likely test $630 by Friday.
BAC- I still believe that the $10 range will be tough resistance on BAC. I wont enter any calls unless we have a clear break of $10 with a lot of volume!
WDC- I called this out yesterday. I said to get the December 36 calls at .82c now there trading at $1.14. There is still plenty of room for this to run. We got 37.04 as resistance.. I think we will blow through this level and test the 200 moving average at $38. Still have a target of over $40 by the end of the year. Ill buy calls on any dip.
SPY-Its go time on SPY... we got the dip we were looking for today. We had a strong push at EOD look at the volume on the 15 min... remember what SH says if their is 15 mins left in the day where will it go?
CMG- We got a double top forming on CMG. We will see $ 264level this week imo... Would wait for a good entry on the puts.
CRM- SH has been stalking this for the past few days and he honestly was probably the only person talking about this stock. Im looking at the monthly for this stock it looks terrific. It needs to get above that all time highs level and hold. That would be good to go long on some calls. If you want you can play the run-up but be careful if it doesn't break all time high.
CBS- I still like this for a swing trade idea were above the triangle and might consolidate at this level.$39.50-$40 will be the target by mid December. CBS 36 calls are going at .55 right now. Keep an eye on this stock for the next leg up.
Thanks hope you guys like it!