Additional Trading Ideas:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Some of these may need to see a break past key support or resistance:

(bullish ideas) NSR, EDU, WAG, STX, SIRI, AMWD, ADVS, BLMN, BEAV, ATVI, ACMP, XRS, STZ, FTR



NEW BULLISH Plays

Groupon, Inc. - GRPN - close: 7.21 change: +0.08

Stop Loss: 6.89
Target(s): 9.00
Current Gain/Loss: unopened

Entry on May -- at $--.--
Listed on May 25, 2013
Time Frame: 10 to 12 weeks
Average Daily Volume = 20.5 million
New Positions: Yes, see below

Company Description

Why We Like It:
GRPN is still a long way from its 2011 IPO highs near $30. Yet it's also seen a significant climb from its 2012 lows near $2.60. It would appear that investors have adjusted their expectations for the company and the stock is slowly advancing through layers of overhead resistance.

GRPN is currently challenging resistance right now near $7.35 and its simple 300-dma. A breakout here, after a multi-day consolidation, could signal the next leg higher. We are suggesting a trigger to open bullish positions at $7.41. If triggered our target is $9.00. If you're going to trade this one, be sure to give GRPN enough time to work. It could take a while to reach our target. At the same time we will make adjustments based on market conditions.

Due to the stock's volatility in the last couple of months I am suggesting we keep our position size small to limit risk.
FYI: The Point & Figure chart for GRPN is bullish with a $10.50 target.

Trigger @ 7.41

Suggested Position: buy GRPN stock @ (trigger)

Annotated chart:



Spirit Airlines - SAVE - close: 29.78 change: -0.01

Stop Loss: 28.75
Target(s): 34.00
Current Gain/Loss: unopened

Entry on May -- at $--.--
Listed on May 25, 2013
Time Frame: 8 to 9 weeks
Average Daily Volume = 686 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
SAVE is an airline with routes in the U.S., Latin America, and the Caribbean. The stock has been performing well as traders look at the strength within the airline industry. SAVE should outperform its peers since the company runs a very efficient ship and has no debt. That makes SAVE more profitable than many of its larger rivals. Currently strength in the U.S. dollar should push commodities lower, including oil prices. A falling oil prices will help generate extra lift between the wings of these airline stocks.

SAVE is poised for a bullish breakout past resistance near $30.00. I am suggesting a trigger to open bullish positions at $30.25. If triggered our target is $34.00.

Trigger @ 30.25

Suggested Position: buy SAVE stock @ (trigger)

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

buy the Jul $30 call (SAVE1320G30) current ask $1.30

Annotated chart: