Top 7 Trading Ideas Of The Week

Among the trading ideas this week, there were seven that stood out: 1. Shares of

for the first time since February 12, after which it rallied and peaked on February 23 at $218.20. Since that time, the stock had drifted lower and appeared to find support at the $202.50 level, where it put in three consecutive lows between $202.22 and $202.80. 2. Shares of

had bottomed in January at $285. Bulls have been

since then. The big question, however, is whether Amazon shares have enough reserves in the tank to power through critical "correction resistance" into the end of March. One thing is for sure -- it will be an interesting month for both the bulls and the bears in the Amazon arena. 3. The

more than 4 percent on Monday, after Chinese smartphone company Xiaomi launched a wearable action camera that offers similar features as the GoPro Hero camera. The new Yi Action Camera retails at $64, half the price of the GoPro Hero, which is available for $130. 4. Speaking to Benzinga, TD Ameritrade Chief Strategist JJ Kinahan said that implied volatility in the options market indicated that

was

of more than 8.5 percent (up or down) after earnings. 5. The CEO last week picked up 25,000

shares at $83.21 a piece. That cost him around $2.1 million. This

in the wake of a negative Department of Justice ruling and news of the end of the financial services giant's partnership with Costco. 6. One director bought 800,000

shares at prices ranging from $25.00 to $25.24. With shares rising about 3 percent in the past week to land on $25.99, the

. 7.

shares were

by $0.14 at $128.95 in Tuesday's session. Despite a price target increase for the second day in a row -- Morgan Stanley from $133.00 to $160.00 on Monday and Oppenheimer from $130.00 to $155.00 on Tuesday-- it has not been able to reach its all-time high made on February 24 ($133.60) or come close to its all-time closing high made on February 23 ($133.00).