NEW BULLISH Plays

Telecom Argentina - TEO - close: 16.73 change: +0.24

Stop Loss: 15.95
Target(s): 19.50
Current Gain/Loss: unopened

Entry on May -- at $--.--
Listed on May 01, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 173 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
TEO is an Argentine telecom company, if the name didn't give it away. The company just reported earnings that continue to show growth. The stock seems to be building on a bullish trend of higher lows with traders buying the dips. Telecoms tend to be seen as more defensive in nature. Plus TEO is currently offering a 5.5% yield.

On a short-term basis TEO looks poised to breakout from its trading range in the $16.00-16.75 zone. The Point & Figure chart is very bullish with a long-term target of $29.

I am suggesting small bullish positions if TEO can trade at $17.00 or higher. If triggered our multi-week target is $19.50. Remember, keep positions small to limit risk. TEO can be a volatile stock.

Trigger @ 17.00 *Small Positions*

Suggested Position: buy TEO stock @ (trigger)

Annotated chart:



NEW BEARISH Plays

Bank of the Ozarks - OZRK - close: 39.65 change: -1.28

Stop Loss: 40.35
Target(s): 36.00
Current Gain/Loss: unopened

Entry on May -- at $--.--
Listed on May 01, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 184 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
OZRK is a regional bank. The stock delivered an impressive four-month rally and hit a string of new record highs. Yet it looks like the stock got ahead of itself. The trend broke in early April. Now traders appear to be selling the rallies. OZRK underperformed the market and the financial sector today with a -3.1% decline that left it precariously sitting on mid-April support near $39.45.

I am suggesting a trigger to launch small bearish positions at $39.35. If triggered our target is $36.00.

Trigger @ 39.35 *Small Positions*

Suggested Position: short OZRK stock @ (trigger)

Annotated chart: