NEW BULLISH Plays

Medidata Solutions - MDSO - close: 40.10 change: +0.57

Stop Loss: 39.25
Target(s): 43.00
Current Gain/Loss: unopened

Entry on October xx at $ xx.xx
Listed on October 13, 2012
Time Frame: exit prior to the late October earnings report
Average Daily Volume = 161 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
MDSO provides software solutions to the healthcare industry. Shares have been consistently trending higher. Now that are breaking past round-number resistance at $40.00. Thursday's high was $40.43. I am suggesting a trigger to launch small bullish positions at $40.50 with a stop loss at $39.25.

We want to keep our position size small to limit our risk. MDSO's trend is higher but the market looks weak and MDSO may not be immune to a prolonged market decline. There is potential resistance at $42.00 but we'll aim for $43.00.

Trigger @ 40.50

Suggested Position: buy MDSO stock @ (trigger)

Annotated chart:



Plum Creek Timber - PCL - close: 42.94 change: +0.48

Stop Loss: 41.90
Target(s): 44.95
Current Gain/Loss: unopened

Entry on October xx at $ xx.xx
Listed on October 13, 2012
Time Frame: exit prior to earnings on Oct. 29th (not yet confirmed)
Average Daily Volume = 1.1 million
New Positions: Yes, see below

Company Description

Why We Like It:
PCL is a REIT that produces lumber products from the land it owns. The stock could be showing strength due to the improvement in the homebuilding sector. A 4% dividend yield doesn't hurt either.

After a correction from $45.00 to its 50-dma near $41.50 PCL has spent mover a week consolidating sideways. Now the stock looks poised to breakout past resistance near $43.00. I am suggesting a trigger to open bullish positions at $43.15. We'll use a stop loss at $41.90. Our first target is $44.95.

Trigger @ 43.15

Suggested Position: buy PCL stock @ (trigger)

Annotated chart:



NEW BEARISH Plays

World Fuel Services - INT - close: 34.39 change: -0.39

Stop Loss: 35.01
Target(s): 30.15
Current Gain/Loss: unopened

Entry on October xx at $ xx.xx
Listed on October 13, 2012
Time Frame: exit prior to the late October earnings
Average Daily Volume = 300 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
INT is essentially a fuel logistics company with three divisions: aviation, marine, and land. The stock has been trending lower with a dramatic pattern of lower highs since its peak in February 2012. Now INT is on the verge of breaking down to new 2012 lows.

The August low was $34.02. I am suggesting a trigger to open small bearish positions at $33.90. If triggered our target is $30.15 but we do not want to hold over the late October earnings report (not yet confirmed).
FYI: The Point & Figure chart for INT is bearish with a $27.00 target.

Trigger @ $33.90 (Small Positions)

Suggested Position: short INT stock @ (trigger)

Annotated chart: