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)
LRCX, TSS, GCI, BID, CAKE, ITT, GNTX, OSK, XRX, CNK,



NEW BULLISH Plays

Lions Gate Entertainment - LGF - close: 36.45 change: +1.40

Stop Loss: 34.60
Target(s): 40.00
Current Gain/Loss: unopened

Entry on October -- at $--.--
Listed on October 01, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.75 million
New Positions: Yes, see below

Company Description

Why We Like It:
LGF is a movie studio. Right now it's biggest claim to fame is the Hunger Games Trilogy. Traders pushed the stock to a +3.99% gain on news that ticket pre-sales for the second installment of the Hunger Games series went on sale today.

The stock is in a long-term up trend. Aside from the mid-September plunge LGF really hasn't seen that much volatility. We think the up trend continues as investors bet on a strong showing for the "Catching Fire" movie (2nd in the Hunger Games series). The first Hunger Games movie grossed over $690 million worldwide.

Today's intraday high was $36.57. I am suggesting a trigger to open bullish positions at $36.75. Our short-term target is $40.00 but we may adjust that higher.

Trigger @ 36.75

Suggested Position: buy LGF stock @ (trigger)

Annotated chart:



Ubiquiti Networks - UBNT - close: 35.22 change: +1.63

Stop Loss: 32.90
Target(s): 39.75
Current Gain/Loss: unopened

Entry on October -- at $--.--
Listed on October 01, 2013
Time Frame: 6 to 8 weeks
Average Daily Volume = 853 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
UBNT is in the networking and wireless communication industry. The stock surged back in August following a better than expected earnings report and management raising guidance. The huge move from $22 to $36 by the end of August was likely do to some short covering. Since then UBNT corrected more than 20% with an intraday dip toward its 50-dma. Now shares are rebounding and UBNT could see another short squeeze.

The most recent data listed short interest at more than 32% of the very small 19.5 million share float. If the market continues to rally I suspect odds of a short squeeze in UBNT definitely go up. Today's high was $35.47. I am suggesting a trigger at $35.75. If triggered our short-term target is $39.75.

NOTE: I do consider this a more aggressive, higher-risk trade because UBNT can be a volatile stock. I am suggesting smaller positions to limit risk.

Trigger @ 35.75 *small positions*

Suggested Position: buy UBNT stock @ (trigger)

Annotated chart: