Sunday, March 27, 2011

Weekly Swing Watchlist 032811-040111

A Watching Monday's open may take a feeler right here right now with max pain stop at 42.69 and an upside target of 48 (3.05 RR)

AGCO Watching Ag's to see what they do. AGCO looks like one of the strongest in the sector. At that critical juncture

APKT Looking at April 72.5/75 bullish call vertical, probably take it off if it lost 64

CACC Looking at 70.50 trigger with a 1 pt stop or maybe even tighter if it lost 70. This would be a pure breakout trade. 

DKS Stalking... ideal trigger would probably be around a 39-39.5 hold w/ 1 pt stop trying to catch a 42.5 upper TL res target.

KEX 57.44 is the trigger with probably a tight 50¢ or less stop trying to catch a breakout. Target would be 60.

LULU Like a dip below 78 with a stop under 20MA (less than 2 pts). May look at calls, vertical call spread, etc.. like this setup & stock has treated me well in the past.

MGM Watch for continued casino strength. Probably focus on LVS & WYNN first but have my eye on this one for sector sympathy.

MCP Already in REE but watching


SOHU BIDU's lil cousin setting up here. Think it has a good shot of going. My April 85/90 vertical spread already in the money. May try to trade common on a real move.

X Already have a feeler position like this base being hammered out looking for 60 as target. Probably take it off it lost the 5/8 MA's around 54.50. Would be a 50c loss. @gtotoy pick

1 comment: