Some more charts worth watching. Add these to the lists from previous December posts (below). Pay close attention to where these stocks close for the end of month/end of year. I will update these again when I get back home in the New Year:
YHOO: this one is really exciting! Watch for any hold above the $40 at year end!
KRFT: looking bullish as it trades closer to the apex of a triangle pattern:
TGT: struggling to hold it together within the triangle pattern:
AA: I’m looking to get back into this trade!
ABX: I’m also watching this trend line for any bullish break. The USD will most likely determine this trade though:
ACI: watching this still too:
BK: this is getting close to attempting the triangle breakout:
CLF: I’m watching for any break and hold above $30 here:
FCX: any break and hold above the $38 would be quite bullish here I think:
HPQ: this is getting exciting as it approaches the $30 ‘neck line’ level of the bullish inverse H&S pattern!
Tue 24th Dec 2013A number of stocks are looking rather bullish and/or reaching key levels as the month end approaches. I’m away for the next week but thought I’d post charts of those stocks that have caught my interest.I’m in trades on some of these already and looking to add to these after the December candles close and I return from holidays. I’ll be buying some Calls and selling some Puts:YHOO: This has broken the $40 level and this is a major break!
CAT: has made a bullsih triangle break:
EBAY: looking bullish!
MRK: watch for a possible December close above the $50
MSFT: has drifted back below the $37 BUT watch this level next week:
AA: holding out from the bullish wedge breakout:
BAC: watch for any bullish hold above $15 at month end:
BK: I’m watching the $35 level!
HPQ: the $30 seems pretty important here:
MGM: Still looking bullish:
PFE: the $30 level key here too:
WEN: $10 important here:
X: US Steel: Still looking bullish:
Tuesday 13th Dec 2013
- Jul 14 $40 Call @ $3.95. Expensive so I’m clearly not the only person stalking this trade!
- Jan 14 $24 Put @ 0.34 cents and
- July 14 $25 Call @ $1.50
- Jan 14 $52.50 Put @ 0.55 cents and
- June 14 $55 Call @ $2.30.
- July 14 $50 Call @ $2.11.
- June 14 $80 Calls @ $3.05
- July 14 $75 Calls @ $5.05! Expensive!
- June 14 $35 Calls @ $1.38:
- Jan 14 $26 Put @ 0.31 cents
- June 14 $27 Call @ $1.39
- Dec 13 $26 Put @ 0.15 cents for 11 days!
- June 14 $21 Call @ $1.92:
- Jan 14 $30 Put @ 0.15 cents
- June 14 $32 Call @ $ 1.29