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Tuesday, October 16, 2012

Watchlist for 10-17-2012

VHC-   This gonna be long in detail .   
As stated last night we held support 25.50-25.75.  Today we closed near the day highs.  We had bullish buying last 10 minutes today.  Today marked the 5th green day on the uptrend.  Tomorrow will be a big day imo.  We have not had 6 green days in a row all year.  Tomorrow we close green that trend will be broken. History showed its always been 5 and then red. I believe tomorrow we will gap and open above $27 because currently we are above 26.50 in after hours.   On a  27.50 break i believe we will have a 1 million + volume day tomorrow and close around 28.50-29 and reach 30 by friday.  I am very bullish on the stock.  Since i have a price target of 30 on this stock by friday the options that expire this week could potentially see gains of 10x or more.  

Support i want to see hold tomorrow is 26.50 -27 if it gaps up  
 
ARNA -Still very bullish on this stock.  would like to see 9.25 hold tomorrow and a break of 9.50 with volume we could easily test 10-10.50.  Im currently long nov 9 strike calls.  
FSLR- Amazing move today exactly what i saw coming.  Tomorrow support 23.25-23.50 i want to see hold and we could test 25-26  by friday.  Playing anything of the options that expire today would have rewarded you with gains well over 100%.  Longer term monthly options well over 50% 
DMND- the end of day rally caught my scanner.  Main support is 18 on this. want to see it break 19 and hold above there with a target price of 21-25.  remember this is a heavily shorted stock and it has those squeeze days. I am looking at the 18 -20 strike calls nov expire  


                                                                  Stocks 

 GALE- bullish close today.  the move is going to come by friday i hope  target 2.20-2.40 on the squeeze . its been slowly grinding higher every day

STEM - higher highs and higher lows with great volume  still play with target new 52s  support 2.30 for tomorrow 


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