Editor's Note:

In addition to tonight's new candidate, consider these stocks as possible trading ideas and watch list candidates:

(bullish candidates) PH, NS, BTP, AGU, RS, SLB, LUFK, ORLY and CAM


NEW DIRECTIONAL CALL PLAYS

Goldman Sachs - GS - close: 116.63 change: +0.72

Stop Loss: 114.75
Target(s): 125.00
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
GS is normally considered "best in breed" for the big investment banks. Shares look ready to rally after a two-week consolidation sideways. Currently GS is trading under resistance near $118.00. I am suggesting a trigger to open small bullish positions at $118.25 with a stop loss at $114.75. GS can be a volatile stock at times so we want to keep our position size small. If triggered at $118.25 we will aim for $125.00.

Trigger @ $118.25 (small positions)

- Suggested Positions -

buy the Mar $120 call (GS1217C120) current ask $1.96

Annotated Chart:

Entry on February xx at $ xx.xx
Earnings Date 04/19/12 (unconfirmed)
Average Daily Volume = 6.2 million
Listed on February 21, 2012