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Watchlist for 1/8/13

ARNA - This stock has been in a holding pattern for months now but to me is looking like it could breakout again soon. Might grab some calls tomorrow and see if it can break above 9.50 this week. (The monthly chart is showing the breakout)

 Watchlist for 1/8/13

GS - After a big move on friday today GS had an inside day which could lead to a big move tomorrow. Banks continue to act strong and GS and BAC are the two standouts from the group. Targeting a move to 138 this week on a 135 breakout.

 Watchlist for 1/8/13

FB - Great follow through today and everyones eyes are set for 30. I did sell my full position today but will likely play it again tomorrow. The trade I have planned is to buy a gap down and play the red/green move. No resistance til 30.50…however fails to get above 30 tomorrow and I think its a good short setup. stay flexible.

 Watchlist for 1/8/13

 

To view the rest of the watchlist please visit The Stock Garage

 

 

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