NEW BULLISH Plays

Gulfport Energy - GPOR - close: 47.04 change: +1.04

Stop Loss: 44.70
Target(s): 52.50
Current Gain/Loss: unopened

Entry on April -- at $--.--
Listed on April 06, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.4 million
New Positions: Yes, see below

Company Description

Why We Like It:
GPOR, an oil and gas company, has seen its stock surge to new all-time highs following its better than expected earnings report in late February. Given GPOR's relative strength the rally looks poised to continue. I am suggesting a trigger to launch bullish positions at $47.35. If triggered our target is $52.50, but investors should note that the $50.00 level might be overhead, round-number resistance. FYI: The Point & Figure chart for GPOR is bullish with a long-term $70.00 target.

Trigger @ 47.35

Suggested Position: buy GPOR stock @ (trigger)

Annotated chart:



Starz - STRZA - close: 21.20 change: +0.44

Stop Loss: 19.95
Target(s): 24.50
Current Gain/Loss: unopened

Entry on April -- at $--.--
Listed on April 06, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.6 million
New Positions: Yes, see below

Company Description

Why We Like It:
Right now some of the entertainment stocks are hot, just look at shares of AMCX and DIS. STRZA looks tempting because the recent pullback has alleviated some of its overbought conditions. Traders bought the dip near round-number support at $20.00 on Friday morning. The rally looks poised to continue.

The simple 10-dma, at $21.35, could be resistance. Therefore I am suggesting a trigger to launch small bullish positions at $21.50. If triggered our target is $24.50.

Trigger @ 21.50 *Small Positions*

Suggested Position: buy STRZA stock @ (trigger)

Annotated chart: