Picks for Tomorrow June 18, 2013: $JNJ, $AMZN, $DDD, $PHM

Let’s see if I can have a better day tomorrow than today!

$JNJ.  Looks to me like it just broke out of a triangle.  Oscillators are turning up and RSI is supporting the move.  I think this one is a 15min confirmation entry tomorrow bullishly.  I like this trade if it cooperates.  It has a nice RtR.

JNJ_JUNE_18_2013

 

$AMZN:  Here’s another 15min entry play.  I like this one almost as much as JNJ.  Unfortunately, it does not have as good of a RtR, but it still looks like a nice play.  First target is 282.40 and the second target is at 284. My stop is at 273.  I’d really like to see some stronger volume on this one, though.

AMZN_JUNE_18_2013

 

$DDD:  This trade looks good to me.  It just broke out of a triangle and although volume wasn’t excellent, it wasn’t all that bad.  MACD is about to turn, Stochs support the move and RSI is turning up.  If after 15min we get confirmation, I would take this trade bullishly.

DDD_JUNE_18_2013

 

$PHM:  I like this one long with a close above 21.98.  See chart below for details.  I haven’t chosen a stop yet but my target is 24.40.  Oscillators are supporting the trade.

DDD_JUNE_18_2013

 

Here are some additional stocks that may be of interest:

$AAPL  I still like it bearish on a close below 428.

$AEO: I also like bearish on a close below 18.92.

$DIS I still like the bullish trade on a close over 65.15

$HAL I like bullishly on a close over 44.00  This is 0.30 cents higher than yesterday due to today’s wick.

$JCP I still like bearish on a close below 17.11

$NFLX Looks nice for a bullish run.  15min entry on this one.

$SNDK:  just broke out of a triangle/wedge to all-time highs.  15min bullish on this one.

$Z:  Bullish after the first 15min.  Be wary of the low volume on this one.  Not sure if I would take this trade myself.

$TGT:  Looks good for a 15min bullish entry as does:

$TSLA:  I like this one with a confirming 15min entry.

Lastly, $COST I still like on a close above 112.55.  This is increased from yesterday due to today’s wick.

Good luck all.  If you have any questions, feel free to ask!

 

 

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