Sunday, February 13, 2011

Setups and Plays for Valentine's Week

CRM - Reports earnings on Feb 24.  I think the stock should probably break out here into earnings and I will probably play the Feb 145 Calls and/or March 150 Calls.  If we hit near or above the 52's will take most off the table and hold a few into earnings (Feb calls) or convert it into a spread (sell the feb 150's or 155's).




AKAM - Gonna keep on watch to see if we get a technical bounce here from the sell off after earnings.




LONG SETUPS - Below are a few that look ready to break out:

SIMG - held support last week. Looking for retest of 9.5


MPAA - Nice consolidation here within wedge. looks good over 15.


XXIA - Looking strong, Long over 19



CLFC - Bounce off 50MA and closed above 20MA. Looks good above 7.70



OPK - nice bounce off morning sell off on friday and closed at 52 highs on good vol... should see higher from here!



POL - Made new 52 week highs. Keep an eye on it for continuation.


KNL - Nice flag formed after having broken out, could keep going here.


EMAN - Holding up well here at highs within tight flag consolidation.  Watching for further upside.


NCT - tight consolidation here. break of 7.10 takes it to 7.90 then boooooom!!!




MDR - High and tight flag... could break higher next week. definitely worth the watch above 22.66


1 Short setup... Lmao...

AVNR - Short Setup.  This looks ready to crack lower.




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