Stock Picks for Week of March 22
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LONG CANDIDATES |
SHORT CANDIDATES |
| EMC Limit $18.21 | EBAY dark cloud cover. Ready by Tue or Wed for 50% retrace. PAYPAL |
| EUO is 2xshort Euro (2x long USD). Correlates with short GLD. B @ 20L or > 20.85 | FAS triple short financials. Moderate but + volume 2-days. Fib 1: 88 Fib 2: 83 50 = 50% 79, 75 |
| FIG appears to have a volatility surge probably an upside breakout. This is to become a core position. Around $4-$4.15. TIGHT STOP $3.85 re-entry $2.50 | GLD still plan on reversing around $105!! |
| GE BUY Limit $17~ or >18.50 TARGET $20.50 | GNW has reversed. SHORT ~$16 or 15.85L or a squeeze to $16.50 |
| GENZ major 2x bottom w/ qualifying indicators. Overhead wkly MA res. BUY Limit $58.50L | HCP – Long term uptrend however starting short term counter-move. P/B to $32 likely. Where shorts should be reversed. |
| GGP $15.30L or $15.50 core holding | INCY : SS 14.50 avg. |
| GILD $47.55 L or B/O > $48 | ISRG: SS $350 T: $339 OR RECOVERY TRENDLINE LONG |
| GMCR Buy L $85.50. 100 shares could be sold short <93.20 | WATCH NVDA |
| GS $167 LIMIT! | |
| HAR Buy Limit $42.75. WANTS TO BREAKOUT AND U HAVE TO CATCH THE BREAKOUT. T’s: $46. $40,$47.70,$49/$50 $55, $50/$60, | STEC at primary downtrend line. SS @ $13.50 |
| HBAN Buy L $5 to $5.10 | STT: On daily, hangman, plus dark cloud/engulfing. Good price is key to this trade. SS Limit 46.05, 46.18, 46.25 STOP: 46.67Buy STOP: 46.32. T1: $46.80 T2: $47.80 |
| IRDM: Bull Flag or Primary T/L? | |
| LFT: Longtop at longterm trendline. Reversal on daily. Target: 45 | AMZN at d/t line |
| LSCC: Breakaway gap, then continuous (filled Friday, tail low volume) T: ~ $5 | |
| NDAQ: WATCH FOR BREAKOUT CONTINUATION OR BUY LIMIT 20.75 | |
| PDLI: Re-establish core | |
| FXP: Ultra-Short Xinhua. L/T trgt $14 – $15. 10.15 HEAVY Resistance from broken trendline. Long TERM rounding bottom reversal. $17 is 1st Trgt Convergence. Plus I like playing some smaller chinese stocks long, and this will give me cover over their lack of liquidity. That’s one variable used in measuring your overall Long/Short portfolio’s Beta reading. If something is entirely illiquid, a dollar neutral hedge is pointless. LONG-TERM THEME | |
| HLIT | |
| ICLR |
