Editor's Note:

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)
INVN, ALGN, RPTP, AIG, IBCP, EMES, ELLI

(bearish ideas)
SNX, SEAS, PLD, PCL,



NEW BULLISH Plays

Alliance Healthcare Services - AIQ - close: 25.46 change: +1.16

Stop Loss: 23.95
Target(s): 29.50
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 03, 2013
Time Frame: 4 to 8 weeks
Average Daily Volume = 120 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
AIQ provides diagnostic imaging and radiation therapy services. The stock has been an incredible momentum trade this year with a rally from $6.00 to $25. It does not look like AIQ is slowing down. Shares hit some profit taking in mid August but traders bought the dip. Now AIQ is on the verge of hitting new multi-year highs.

Today's intraday high was $25.60. I am suggesting a trigger to open small bullish positions at $25.70. If triggered our target is $29.50. Please note that I am suggesting we use small positions to limit our risk. If this up trend breaks, AIG could fall pretty fast.

Trigger @ 25.70 *small positions*

Suggested Position: buy AIQ stock @ (trigger)

Annotated chart:



NEW BEARISH Plays

Rentech Nitrogen Partners - RNF - close: 24.71 change: -0.78

Stop Loss: 25.75
Target(s): 21.00
Current Gain/Loss: unopened

Entry on September -- at $--.--
Listed on September 03, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 167 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
RNF is in the agricultural chemical industry. They make nitrogen-based fertilizer products. Wall Street is worried that falling profit margins might convince RNF management to cut its dividend. Currently, given the stock's decline, RNF has a pretty high dividend yield of 13%. Yet that's obviously not driving a lot of buying interest with shares at new lows for 2013.

RNF underperformed the market again today with a -3.0% drop and a close below potential round-number support at $25.00. We want to see a little bit more follow through. I am suggesting a trigger to launch bearish positions at $24.60. If triggered our target is $21.00. Investors may want to aim lower since the Point & Figure chart for RNF is bearish with a $17.00 target.

Trigger @ 24.60

Suggested Position: short RNF stock @ (trigger)

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

Buy the Oct $25 PUT (RNF1319v25) current ask $1.55

Annotated chart: