NEW BULLISH Plays

Tesla Motors - TSLA - close: 31.84 change: +1.02

Stop Loss: 30.40
Target(s): 34.90
Current Gain/Loss: unopened

Entry on November xx at $ xx.xx
Listed on November 15, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.0 million
New Positions: Yes, see below

Company Description

Why We Like It:
TSLA had its IPO back in the summer of 2010 and it's been a rocky ride since then. Recently the stock has been consolidating sideways under resistance near $32.00. Not only is TSLA about to break through the $32 level but it's also about to breakthrough the long-term trend of lower highs. If that happens TSLA could see a significant short squeeze. The most recent data listed short interest at 62% of the 76 million-share float.

Last week's high was $32.12. I am suggesting a trigger to open bullish positions at $32.25. Our target is $34.90.

Trigger @ 32.25

Suggested Position: buy TSLA stock @ (trigger)

- (or for more adventurous traders, try this option) -

buy the Dec $33 call (TSLA1222L33) current ask $0.90

Annotated chart:



Virgin Media, Inc. - VMED - close: 32.51 change: +0.61

Stop Loss: 31.70
Target(s): 34.85
Current Gain/Loss: unopened

Entry on November xx at $ xx.xx
Listed on November 15, 2012
Time Frame: 6 to 8 weeks
Average Daily Volume = 3.5 million
New Positions: Yes, see below

Company Description

Why We Like It:
VMED continues to show strength. The stock has been able to maintain its multi-month up trend in spite of the market's recent sell-off. Traders bought the dip at VMED's rising 30-dma back in August and they did it again this past week. Now VMED looks poised to rally back toward its highs.

Friday's high was $32.76. I am suggesting a trigger to open positions at $32.85. If triggered our target is $34.85. More aggressive traders could aim higher (maybe near $36.00). We'll place our stop loss under Friday's low. I would keep our position size small to limit our risk.

Trigger @ 32.85 *small positions*

Suggested Position: buy VMED stock @ (trigger)

Annotated chart: