BHP…can be bought with a 64.90 intra day stop. If this levels holds it will attempt a run to the 200 day mvg avg @65.95, a key closing level for more upside.
IBB…breaks out to the upside with a close over 265.25
UNH…can be bought with a 77.70 intra day stop looking for 83.
Trading idea..
28 March 81 or calls…these expire 3/28/14
The 81’s are app .26 CENTS
THE 82’s…
app 15 cents
MSFT…as long as 37.85 holds, 39 is the next tgt.
TSLA
…Put in a daily double bottom. Any attempted longs should be managed against today’s low
.
249 is resistance and the upside closing pivot.
Options traders want to look at pricing 2-3 weeks out for month end,
qtr end markings. Some of the aforementioned names do not have those available expiration s to trade.
EWA
…is the best looking country ETF
. 25.05 is the stop on any attempted long from this level.
Closing over 25.55 will lead to another leg up.