NEW BULLISH Plays

Affymax - AFFY - close: 24.37 change: +0.34

Stop Loss: 22.65
Target(s): 27.50
Current Gain/Loss: unopened

Entry on November 26 at $ xx.xx
Listed on November 21, 2012
Time Frame: 3 to 6 weeks
Average Daily Volume = 678 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
AFFY is a biotech stock. Shares are bouncing from a short-term double bottom formed in the last three weeks. Now the stock is pushing up through resistance near $24 and its 30-dma. AFFY could see another short squeeze soon.

I am suggesting small bullish positions at the open on Monday. Our target is $27.50.

*Small Positions*

Suggested Position: buy AFFY stock @ (the open)

Annotated chart:



NEW BEARISH Plays

Apollo Group - APOL - close: 18.86 chane: +0.18

Stop Loss: 20.15
Target(s): 15.25
Current Gain/Loss: unopened

Entry on November 26 at $ xx.xx
Listed on November 21, 2012
Time Frame: 3 to 6 weeks
Average Daily Volume = 678 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
APOL is in the secondary education industry. The stock managed a meager bounce on Friday but the trend is down. I am suggesting small bearish positions at the open on Monday with a stop loss at $20.15. Our multi-week target is $15.25.

More conservative traders could wait for a new relative low under $18.30 as your entry point to launch positions.

We want to keep our position size small to limit our risk. Sometimes a short squeeze will produce a brief, sharp spike higher in APOL. You may want to use the put options to limit your risk.

*Small Positions*

Suggested Position: short APOL stock @ (the open)

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

buy the 2013 Jan $17 PUT (APOL1319m17) current ask $0.83

Annotated chart: