Editor's Note:

In addition to tonight's new candidate(s), consider these stocks as possible trading ideas and watch list candidates. Many of these need to see a break past key support or resistance:

(bullish ideas) WDC, PPG, AXLL, MPC, BLK, AET, NBL, OXY, UTX, SWK, FISV, UPS, BDX, HES, IBM, SNDK, SRCL, DECK,

(bearish ideas) BIDU, MNST, UNFI, ICUI



NEW DIRECTIONAL CALL PLAYS

Chart Industries - GTLS - close: 82.17 change: +0.50

Stop Loss: 79.75
Target(s): 87.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 5 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
You may not be familiar with GTLS. Here's a quick excerpt from their website: "Chart Industries, Inc. is a leading global manufacturer of standard and custom engineered products and systems for a wide variety of cryogenic and heat transfer applications. Our industrial gas equipment is used throughout the liquid gas supply chain in the production, storage and end use of natural gas and industrial gases. We supply three markets: Energy & Chemicals, industrial gas and BioMedical."

GTLS stock has been surging since its late February earnings report. Wall Street was expecting a profit of 76 cents. GTLS said earnings grew from 51 cents a year ago to 80 cents. Revenues grew +38% to $303.9 million, which was above the $277 million estimate.

The stock has rallied to a new all-time, historic high. Now after four days of consolidating sideways and digesting gains the stock looks poised to rally again. I am suggesting a trigger to buy calls at $82.55. If triggered our target is $87.50.

Trigger @ 82.55

- Suggested Positions -

buy the Apr 85 call (GTLS1320D85) current ask $2.50

60 minute Chart:

Annotated Chart:

Entry on March -- at $---.--
Average Daily Volume = 510 thousand
Listed on March 12, 2012


NEW DIRECTIONAL PUT PLAYS

SINA Corp. - SINA - close: 48.41 change: -1.39

Stop Loss: 50.25
Target(s): 42.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
The Chinese Internet stocks have turned south in the last few weeks. Shares of SINA are setting at eight-week lows. The stock broke through support near $50.00 and has been unable to recover.

I am suggesting a trigger to buy puts at $47.75. If triggered our target is $42.50.

Trigger @ 47.75

- Suggested Positions -

buy the APR $47.50 PUT (SINA1320P47.5) current ask $1.86

Annotated Chart:

Weekly Chart:

Entry on March -- at $---.--
Average Daily Volume = 2.7 million
Listed on March 12, 2012