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)
LNC, MAR, FBHS, MCHP, HSP, TSN, MDU, BCC, BITA, MEG, IM



NEW BULLISH Plays

Cornerstone OnDemand, Inc. - CSOD - close: 56.51 change: +0.68

Stop Loss: 53.90
Target(s): 64.00
Current Gain/Loss: unopened

Entry on January -- at $--.--
Listed on January 11, 2014
Time Frame: exit PRIOR to earnings in mid February
Average Daily Volume = 444 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
CSOD is in the technology sector. The company operates in the software industry. According to their website they are a global leader in cloud-based talent management software solutions. The stock has been a strong performer two years in a row and it's starting 2014 with more relative strength.

Traders just bought the dip on Friday near its rising 10-dma. I am suggesting we launch new positions now, at current levels. More conservative traders may want to wait for CSOD to trade above $57.50 before initiating positions. Our multi-week target is $64.00 but we'll plan on exiting prior to CSOD's earnings report in mid February.
FYI: The Point & Figure chart for CSOD is bullish with an $80 target.

Suggested Position: buy CSOD stock @ (at the open)

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

buy the Feb $60 call (CSOD1422B60) current ask $1.90

Annotated chart:

Weekly chart:



Starz - STRZA - close: 30.41 change: +0.86

Stop Loss: 29.45
Target(s): 34.75
Current Gain/Loss: unopened

Entry on January -- at $--.--
Listed on January 11, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.7 million
New Positions: Yes, see below

Company Description

Why We Like It:
STRZA is in the services sector. The company is in the media and entertainment industry. They make and distribute content and right now content producers are popular. The industry expects more consolidation and STRZA has been labeled a potential acquisition target.

Speculation on a takeover could be lifting shares to new highs. The stock is currently outperforming the market in 2014 and ended Friday testing resistance near its 2013 highs. I am suggesting a trigger to open bullish positions at $30.75. If triggered our multi-week target is $34.75.

Trigger @ 30.75

Suggested Position: buy STRZA stock @ (trigger)

Annotated chart: