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Underperformer

INVN The Apple PlayMotley Fool has been touting a company that will profit from the Apple watch and Ioe. This is the company INVN. This stock has a lawsuit due to not sharing with investors that Apple was working with them. This is a speculative play but could play out if indeed they have the skeleton in Apple products. The way to play it is either stock at around 15.00 per share or a Jan 16 LEAPS option at 3.10 per contract. The break-even would be 18.10 by Jan 16th...can it get there? Well if it is supplying the chips for the watch and iPhone 6 it may very well get there soon...the lawsuit will be something to watch.
ILong
by Vince
1
CTXS laggard play, looking for move through 200MABig Picture: US markets are strong, so I like long ideas. Despite, this stock looks weak I think if market break up failure scenario will come into play money will rotate from stocks that are on highs to underperforming stocks. And if market will continue showing strength momentum will cautch up this stock as well. This technology company grew up from $20 since early 2009 and found top in 2011 at $88. From then it entered into big consolidation wedge with bottom close $50 (aorund half of that big igniting move) means that long term investors still control price action. Short Term tech analysis: Stock gapped up $59.46 on earnings on 24 of April, sold off from 200 MA but bounced off from shorter term moving averages with pivot low at $57.77. Right now, it is in front of 200 MA building nice upper level base. Trade Plan: I like entry here at $60.37 with stop below $57.77. Break up and close above 200MA could lead to $62.25-$63.44 resistance zone, then we have gap down pivot point at $66.48. Macro target is mid $70ish area - top of wedge.
CLong
by andrew.berg
JCP waking up, laggard playThis retailer had couple dissapointing earnings before, but on the last it beat above consensus with EPS surprice 0.11 and gapped up with pivot support @ $7.00 that was confirmed and retested in the mid of April. And from the beginnig of May it is building nice upper-level base in front of resistance $9.30. Yeasterday, it broke up tight consolidation which triggered my entry. Will be great to see continuation through resistance then we have 200 MA at $10 which could be our first target. Stop below moving averages $8.20ish Stock was underperforming vs overall market because of weak fundamentals. We have earnings on 15 of May.
JLong
by andrew.berg
4