InvestmentHouse.com Members Archives
Archives
 

us stock market, trade stock

Begin part 2 of 3

CONTINUING PLAY LIST

* * SPREADSHEET DOWNLOAD * * *

The following link is to a spreadsheet download of the continuing play table. It will allow subscribers to sort the data for your personal investment use. This is a service to our subscribers only, and no other use of the information is authorized. Simply click on the link, enter your username and password, and download the spreadsheet!

http://investmenthouse.com/ihalerts/table.php

You will need your password. If you need help click on this link and our automated system will email it to you immediately once you fill in your email address:

http://www.investmenthouse.com/rescue/rescue.php3

LEGEND FOR CONTINUING PLAY TABLE

DATE: date play first appeared on report.

PLAY: Denotes the type of pattern or play.
Upside play types: Asc Tri =Ascending triangle; BO=Breakout; Cup=Cup base; Cup hdl=Cup w/handle; DB hdl=Double bottom w/handle; Dbl btm=Double bottom; Flat=Flat base; FlyPlat=Flying Plateau; Pennant=Pennant; Rv H&S=Reverse head & shoulders; Saucer=Saucer base; Test 18=Testing 18 day MVA; Test 50=Testing 50 day MVA; Test BO=Testing the breakout (could be 10 day MVA test, etc.)
Downside play types: CCall=Covered Call; Dsc Tri=Descending triangle; Dbl Top=Double top; H&S=Head & shoulders; Put (generic downside);

PIVOT=Buy point

Tgt=Target stock price for the play. Applies to stock and options.

Vol=Volume for the most recent session.

TgtV=Target volume to enter the play.

Stop=Stop advisory point. This is advisory and we may or may not exit a play if it hits this level depending upon market conditions.

PLAY STATUS: Buy not hit (stock has not hit buy point); Buy not issued (stock has hit buy point but did not enter due to weak volume, poor intraday action, poor market action); Current (ongoing play already entered); Entered today (entered the play that session); Exited (closed the position); Target hit (play hit initial target; will note if took all or partial gain or let run further); Trailing stop (exited using a trailing stop loss).

Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AKAM 02/26 Flat 17.13 +0.41 18.48 21.25 6.6M 6.5M 17.32
Buy Not Hit. Dropped AKAM as it ignored the market bounce started Wednesday with some help from China's announcement of another Stimulus plan over there to help things positive. AKAM however slept in, missed the bus and hung at resistance from the weak 10 day EMA. Not exactly what we were looking for so got rid of it.

AMZN 02/23 FlyPlat 64.81 +3.11 65.45 74.95 12M 12M 63.11
Buy Not Issued. Surged off the 18 day EMA for some modest gains. On rising above average volume as the market carries it higher to the 200 day SMA as resistance now and needs to punch through before we can jump in on this bounce.

ASIA 02/21 Test BO 11.76 +0.55 12.31 14.88 244K 500K 11.45
Buy Not Issued. Nice rebound for ASIA as it climbed through the 200 day SMA and 18 day EMA. On its way higher with light trade and will pick it up if it can continue this move uphill through the week with some pace, as well as volume.

BBND 03/02 Cup hdl 5.20 -0.14 5.84 7.24 382K 459K 5.43
Buy Not Hit. BBND coming back to the 50 day EMA on just above average volume. Holds nicely here at support but not exactly what we wanted from BBND after the market bounced here so looking for a bounce now off the moving average.

BEAT 02/24 Test BO 23.58 -0.01 26.11 31.95 236K 375K 24.28
Buy Not Hit. Stepped along the 50 day EMA with a doji. Tombstone nonetheless which typically indicates some more selling coming this way for BEAT and needs to hold up against any more downsides at the key moving average here especially after ignoring the market bounce midweek.

BIDU 03/03 Asc Bse 157.32 +12.73 159.12 176.75 3.8M 3M 149.69
Entered today. Got in and it surged up, looking good, but then it faded in the last half hour with the rest of the market. Still a nice high volume breakout, and will use any early weakness to add some more positions.

BR 02/17 Test BO 16.39 +0.57 16.81 20.65 2.4M 1.8M 15.63
Buy Not Issued. Huge gap higher and climbed through the session with a boost in trade to above the average line. Nice Rev HS base as well but got away from us with the gap so will need a test now before it can give us the shot for the buy.

CLB 02/21 Flat 70.65 +0.78 71.91 82.91 645K 625K 73.24
Current. Reached well higher early to 74.95 before turning over late to close with a light step higher. Not exactly the recovery bounce we had imagined from CLB with the market but has done well on its own lately holding up against the market downsides so can't complain much. Continues a nice, steady move higher off the selling from Monday so far with rising high volume.

FCX 02/05 Cup hdl 32.21 +3.80 31.44 34.95 45M 28M 29.24
Nice gap higher for FCX off the 50 day EMA for some solid gains and then climbed from there as well. On high volume here and looking for FCX to make a nice push higher in the Cup hdl base now.

FCX 12/10 Trnd Rv 32.21 +3.80 24.41 29.85 45M 26M 30.22
Current.

FDO 02/28 Asc Tri 27.27 +0.80 28.32 43.48 4.2M 6M 26.54
Buy Not Hit. Stepped higher with a gap Wednesday on average volume to clear the 18 day EMA as support now. Nice Asc bse as well and just waiting to see more trade for FDO to really get going higher for the buy if it can keep up this bounce with the market.

GOOG 02/14 Test BO 318.92 -6.56 363.35 394.45 7.8M 7M 349.77
Buy Not Hit. Didn't participate in the rally based on last night's comments about maybe a recovery in 2010 and managed a hard close lower. Back just under its 90 day SMA and on rising high volume. Only looking to head lower at this rate and has support from the late January and mid February lows at 310ish so will see how it does there.

GOOG 02/02 Test BO 318.92 -6.56 352.22 394.45 7.8M 7.6M 371.44
Current.

GS 02/25 Test 50 85.47 +3.10 92.65 104.95 28M 30M 87.65
Current. Gapped higher with above average volume for some light gains. Like this DB hdl base forming here and GS in good shape to really get going higher if the market can stay positive now.

GS 02/03 Rev HS 85.47 +3.10 88.11 99.65 28M 27M 92.77
Current.

HES 01/27 Rev HS 55.15 +3.55 60.45 69.00 7M 7M 56.55
Current. Gapped higher and climbed off the 18 day EMA for some light gains. On rising above average volume and cleared the 50 day EMA on the way up so HES looking good so far as it makes its recovery bounce with the market.

IPI 02/10 Asc Bse 17.73 -2.34 23.66 29.89 5.6M 2M 22.00
Exited. Got out of this one Wednesday as it sold hard off the 50 day SMA through key support from the February lows and 90 day SMA with ease against a market bounce. Pretty obvious choice to make at that point.

LIFE 02/11 Test BO 29.65 +1.33 30.35 34.95 3.6M 4.2M 28.23
Current. LIFE making a solid move higher through resistance from the 18 day EMA off that nice Tuesday doji. In great shape here with above average volume and looking good to get going uphill again for march after the nice, steady pullback through late February.

MA 02/24 FlyPlat 150.48 -0.53 162.66 194.65 4M 4M 156.33
Current. Holding some more at the 50 day EMA as key support. Not bad by any means, but did want to see a bounce with the market here. Either way in good shape and on average volume so looking for MA to give a bounce soon after doing a great job of getting its feet set at key support.

MOS 02/11 Asc Bse 41.88 +1.73 43.11 68.88 17M 13M 40.09
Buy Not Issued. Gapped higher with a doji for some modest gains. On high volume and looking for some more solid upsides instead of this gapping stuff from MOS before we can get in.

MRVL 02/02 DB hdl 7.58 +0.40 7.82 9.95 14M 16M 7.77
Current. Nice move higher through Wednesday for MRVL. On rising, just below average volume now. Like the DB hdl base so will see how it does after some help from the market to kick it positive.

MS 01/31 Cup hdl 19.40 +1.22 22.48 26.75 46M 50M 20.91
Current. Gapped higher and climbed off the 50 day SMA for some modest gains with rising above average volume. Not a bad start to a recovery off the late February and early March selling so will see if it can keep it up.

NFLX 03/03 Test 50 37.71 +1.35 37.50 42.95 2.1M 2.2M 35.77
Entered today. Got in on NFLX to play some gains as it bounces with the market. Nice bounce from Tuesday as well and looking for NFLX to keep it positive with the market bouncing here for now.

POT 02/12 Asc Bse 74.63 -2.07 85.00 104.95 31M 17M 79.91
Current. Not only didn't participate in the market bounce but sold on strongest volume in 5 months. Back at the 90 day SMA some more after starting higher to 80.0 so still needs to hold.

QLD 03/02 Rolling 22.13 +1.07 20.11 23.68 42M 44M 19.65
Buy Not Hit. Gapped higher, tested the 10 day EMA as resistance near 23 on the high and never gave us a good shot at getting in. Will see if it can get a real solid move going instead of the fading nonsense to get in.

RIG 02/28 Flat 56.44 +0.85 61.65 69.94 14M 13M 57.77
Buy Not Hit. Hit resistance from the 50 day EMA at the intraday high up at 57.5 and turned lower from there. Closed with a short step higher and looking good at support from its late February lows, just needs to get a solid move higher through resistance it hit Wednesday before we can get in.

SFLY 03/02 Test 50 8.25 +0.68 8.18 9.95 352K 250K 7.61
Buy Not Hit. Probably good enough to move in, but it was too volatile and we held off and will have to see if SFLY can give a stronger move higher and hold it instead of this intraday volatility with the above average volume now.

SIGM 03/03 Cup hdl 14.21 +0.08 14.48 17.88 1.6M 900K 13.22
Buy Not Issued. Way too volatile after gapping up and did not like the way it closed back off the high from 14.8 intraday. Rising high volume and needs to hold the move higher instead of fading the next bounce it gets.

SNDA 02/21 Cup hdl 31.39 +0.24 32.26 36.95 1.1M 1.2M 30.44
Current. Stepped higher with a doji for some light gains on rising above average volume now and looking for SNDA to really get going higher in its Cup hdl base if the market can continue the bounce.

SOHU 02/10 Cup 45.99 +3.14 46.88 57.95 2M 1.8M 47.77
Current. Huge gap higher to recover the 50 day EMA on rising above average volume now. Looking good at key support from its 90 day SMA here as well and SOHU set to really get going higher at this rate to recover the rough downsides from earlier in the week.

SPY 03/02 Rolling 71.73 +1.66 69.35 74.91 461M 400M 68.44
Buy Not Hit. With the gap higher we were not inclined to chase it today so will instead wait to see something a bit more solid from SPY before jumping in. Like this rising above average volume though.

STAR 02/28 Test BO 15.71 +0.62 15.71 19.25 1.4M 1.1M 14.61
Entered today. Gapped higher off the 10 day EMA with nice, rising above average volume. In a solid Asc bse as well and looking for STAR to make some more gains from here on the rising trade.

TJX 02/28 Test BO 21.69 +0.26 22.55 26.95 6.3M 7M 21.55
Buy Not Issued. Gapped higher to the 18 day EMA on fading below average volume now. Holding well here at support for now and looking good in the Asc bse, just need to see stronger volume get it going uphill again for the buy.

TTEC 03/03 Cup hdl 8.98 +0.42 9.08 11.77 288K 465K 8.44
Buy Not Issued. Not enough volume for TTEC as it bounced off the 10 day EMA and climbed for some solid gains. Will see if it can keep up the positive action for the buy.

VLTR 02/19 Cup hdl 8.06 +0.37 8.37 10.95 299K 480K 7.71
Buy Not Issued. VLTR making a nice move higher off the 50 day EMA for some impressive gains. On rising low volume and looking for some more trade in this move to give us the buy.

Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BRCM 02/26 Put 16.55 +0.75 15.77 13.77 13M 15M 16.44
Current. Was up but it tapped the 50 day SMA's on the high at 17.0ish and faded to close at the 90 day SMA. That keeps it below the last lower high to end February and thus we did not close the downside play.

CPNO 02/28 Put 12.78 +0.68 13.25 11.26 556K 415K 12.46
Current. Gapped higher and there was volume, but it did not do much after gapping so left the downside play in place and looking for CPNO to break down again soon past the late February low at this mark once it gets some downhill momentum again.

FDS 02/26 Put 37.08 +0.85 38.72 35.55 559K 800K 37.52
Current. Gapped uphill but hung there at the close with a tight doji. Just hanging at the low for late February on fading below average volume so will see if trade can help it lower again soon.

QID 02/28 Dbl btm 63.27 -3.38 62.88 69.45 28M 25M 60.97
Buy Not Issued. Making the test here and want it to come down near 60ish and hold. Tested that today but likely more coming an if it hits and holds near there again and the market cannot make headway after the Wednesday gain, this downside play will be ready.

SMH 02/26 Put 16.61 +0.70 16.56 15.11 19M 18M 17.03
Current. Gapped higher and climbed with the market bouncing Wednesday thanks to China and broke up through the 10 day EMA. Not exactly the strongest resistance there looking to hold it and now at the 18 day EMA as resistance which it held well in the midweek session so will see if it can keep the gains on a leash now.

End part 2 of 3


us stock market
trade stock