NEW BULLISH Plays

Integra Life Sciences - IART - close: 40.26 change: +0.37

Stop Loss: 39.45
Target(s): 44.50
Current Gain/Loss: unopened

Entry on August xx at $ xx.xx
Listed on August 21, 2011
Time Frame: 6 to 8 weeks
Average Daily Volume = 171 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
IART is in the medical device industry. Shares have been coiling for a breakout under resistance at $40 for days now. It looks like the breakout is in progress. However, given the action in the broader market today I want to see a little confirmation from IART.

Today's high was $40.53. Let's use a trigger at $40.60 as our entry point. We'll use a stop loss at $39.45. Our multi-week target is $44.50. FYI: The Point & Figure chart for IART is bullish with a long-term $61 target.

Trigger @ 40.60

Suggested Position: buy IART stock @ $40.60

Annotated chart:



NEW BEARISH Plays

TIM Participacoes S.A. - TSU - close: 20.61 change: -0.68

Stop Loss: 21.25
Target(s): 17.50
Current Gain/Loss: unopened

Entry on August xx at $ xx.xx
Listed on August 21, 2011
Time Frame: 4 to 6 weeks
Average Daily Volume = 2.3 million
New Positions: Yes, see below

Company Description

Why We Like It:
TSU is a Brazilian wireless communications company. The stock has been in a down trend since early in the second quarter this year. Shares just recently broke down from a sideways consolidation. Now TSU is about to test support at $20.00. A drop under $209 could signal the next big move lower.

I am suggesting a trigger to launch small bearish positions at $19.80. We'll use a stop loss at $21.25. Our target is $17.50. FYI: The Point & Figure chart for TSU is bearish with a $13.00 target.

Trigger @ 19.80

Suggested Position: short TSU stock @ (trigger) *Small Positions

Annotated chart: