Editor's Note:

In addition to tonight's new candidate, consider these stocks as possible trading ideas and watch list candidates:

(bullish trading ideas) NAT, MDC, JAH, LEN, FBHS, ACOR, ACAT, BCPC, WFC, AXS, MG, RA, UNFI, HELE, INWK, INSP, CA


NEW BULLISH Plays

Zumiez, Inc. - ZUMZ - close: 37.04 change: +0.57

Stop Loss: 35.75
Target(s): 39.75
Current Gain/Loss: unopened
Time Frame: 2 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
ZUMZ is an apparel retailer. The stock recently broke out past resistance near $36.00 after two weeks of consolidating under this level. Now shares have tested $36 as new support. The relative strength today looks like a bullish entry point.

I am suggesting small bullish positions at the opening bell tomorrow. We'll use a stop loss at $35.75. Our short-term target is $39.75. More aggressive traders may want to aim higher.

Launch at the open

Suggested Position: buy ZUMZ stock @ (the open)

- or -

buy the Apr $40 call (ZUMZ1221D40) current ask $0.50

Annotated chart:

Entry on March xx at $ xx.xx
Earnings Date 05/17/12 (unconfirmed)
Average Daily Volume = 472 thousand
Listed on March 28, 2011