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)
TAP, HAL, BLL, TXT, HCP, CBG, PBI, GLW, NSTG, LUV, FSL, IM, MDRX, MGM



NEW BULLISH Plays

Quanta Services, Inc. - PWR - close: 35.86 change: +0.49

Stop Loss: 34.65
Target(s): 39.85
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 04, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 2.0 million
New Positions: Yes, see below

Company Description

Why We Like It:
PWR is in the industrial goods sector. The company is a contractor that focuses on infrastructure, electric power, fiber optics, and the energy industry. The stock soared on February 20th following a better than expected earnings report where PWR beat estimates on both the top and bottom line and management raised guidance. Since then investors have been quick to buy any dip. Shares set new multi-year highs today.

I am suggesting a trigger to open bullish positions at $36.05. If triggered our target is $39.85.

Trigger @ 36.05

Suggested Position: buy PWR stock @ (trigger)

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

buy the Apr $35 call (PWR1419D35) current ask $1.60

Annotated chart:



Tata Motors - TTM - close: 34.98 change: +0.51

Stop Loss: 33.90
Target(s): 39.75
Current Gain/Loss: unopened

Entry on March -- at $--.--
Listed on March 04, 2014
Time Frame: 6 to 8 weeks
Average Daily Volume = 1.75 million
New Positions: Yes, see below

Company Description

Why We Like It:
TTM is in the consumer goods sector. They are India's largest auto maker. They also own the English carmakers Jaguar and Land Rover. Shares of TTM stock got a big boost on February 10th following much better than expected earnings and revenue results. Shares have since surged to new three-year highs.

TTM is currently hovering just below round-number resistance near $35.00. Today's high was $35.25. I am suggesting a trigger to launch bullish positions at $35.40. If triggered our target is $39.75. More aggressive investors may want to aim higher since the Point & Figure chart for TTM is very bullish with a long-term $52.00 target.

Trigger @ 35.40

Suggested Position: buy TTM stock @ (trigger)

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

Buy the Apr $35 call (TTM1419D35) current ask $1.80

Annotated chart: