NEW BULLISH Plays Inc. - STMP - close: 25.84 change: +0.85

Stop Loss: 24.95
Target(s): 29.50
Current Gain/Loss: unopened

Entry on December xx at $ xx.xx
Listed on December 11, 2012
Time Frame: 4 to 8 weeks
Average Daily Volume = 250 thousand
New Positions: Yes, see below

Company Description

Why We Like It:
According to their website provides Internet-based postage services. What they don't say is that they've been stealing business from the U.S. postage service for years. STMP's huge rally in late October was a reaction to better than expected earnings and raised guidance. Since then the stock corrected but shares have begun to reverse higher.

Right now STMP is trying to breakout past resistance in the $26.00-26.20 zone. I am suggesting a trigger to open bullish positions at $26.25. As you can tell from the chart, STMP is a volatile stock. Therefore I am suggesting we keep our position size small to limit our risk.

Trigger @ 26.25

Suggested Position: buy STMP stock @ (trigger)

Annotated chart: