|
|
us stock market, trade stock
Begin part 2 of 3
NOTE: PART 2 PRECEDES PART 1 THIS EVENING. VIDEO IS AVAILABLE NOW AT THE LINK BELOW
*******************************************************************
VIDEO MARKET SUMMARY
*******************************************************************
We are offering a video market summary featuring Jon Johnson talking about the market, the economy, and what is next for investors. We hope you enjoy this added feature to your subscription! We still include the normal Market Summary format so you have both a video to listen to while commuting or multitasking as well as the written report for review.
TO VIEW THE VIDEO MARKET SUMMARY CLICK THE FOLLOWING LINK:
http://investmenthouse1.com/ihmedia/marketsummary.wmv
*******************************************************************
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
AAPL 04/15 Test 20 136.35 +0.26 119.69 132.77 18M 25M 131.33
Current. Stepped laterally along the underside of the 18 day EMA again holding here on fading just below average volume. Started higher with the market up to 138.4 and fell back with the market as well so still waiting on volume to help it higher again from this testing low.
AKAM 05/11 Test BO 21.71 -0.41 21.69 24.95 4.1M 6.2M 20.17
Buy Not Issued. Sold a bit off the 10 day EMA as support continuing this test into this week from the doji from last Friday. On rising now average volume now nearing its 50 day EMA, late April highs and uptrend line in this Asc bse all at 21.0 so needs to hit the brakes.
AKS 05/07 Test BO 18.35 +0.03 13.85 17.38 15M 12M 19.78
Current. Not bad Tuesday holding its ground at the testing low here at its 10 day EMA. Volume spiked as it held the same low as buyers and sellers fight it out here.
APA 06/02 Test BO 80.41 -1.61 83.10 99.00 3.6M 5M 78.22
Current. Sold through Tuesday back to its highs from the mid May rebound at 80 and now on fading below average volume in this test so need APA to hold its ground in this area. Key 50 day EMA and 200 day SMA and the may lows right around 77.5 so still has a bit of room before the apocalypse and what not.
APC 05/02 Asc Tri 48.01 -1.34 45.64 52.55 6.4M 8M 47.78
Current. Sold a bit through Tuesday again and on rising just below average volume here. Like the Asc tri base but needs to hit the brakes here or its in trouble.
APH 06/13 Asc Tri 32.05 -0.95 32.57 39.94 908K 2.5M 31.44
Buy Not Hit. Adjusted the buy point down to see if it can bounce off this hard selling from Tuesday to the 50 day EMA and lows from late may and early April. This is one of those you want to see it close higher to signal it has finished the downside test, then move higher the next session, holding the gains.
ATW 06/13 Asc Bse 25.30 -0.96 26.91 34.88 977K 1.8M 25.03
Buy Not Hit. Fell through the floor on rising low volume breaking its 18 day EMA and Asc bse so dropped it. Ouch.
BHI 06/04 Test BO 39.59 -0.75 40.86 48.95 5.3M 6M 39.88
Current. BHI posting some modest losses through Tuesday on high volume. Back at its 18 day EMA here and with this high volume it only looks to come back lower. Don't want to see it rush downhill from here and has key support at 37.0 from its 50 day EMA, 200 day SMA and mid May consolidation lows.
BJS 06/10 Pennant 14.62 -0.39 15.67 19.88 9.4M 12M 14.57
Current. BJS with some modest selling here Tuesday on rising now average volume. At its 50 day EMA and May lows so still playing this one, along with most, very defensively and have to see things hold up here.
BNI 06/09 FlyPlat 73.32 +0.07 77.11 88.95 2.4M 4.5M 73.05
Buy Not Issued. Stepped laterally along the low from Monday hanging here at resistance from its 200 day SMA, 18 day EMA and highs from early May. Struggling a bit and need BNI to get on its A-Game with this below average volume and rebound through resistance soon.
BOOM 06/13 Test BO 19.24 -0.78 21.66 24.95 440K 575K 19.88
Buy Not Hit. Gave it the benefit of the doubt on Monday with its selling again in this long test through early-Mid June. Just below average volume now nearing its late May consolidation lows at 18.0 so needs to hold up there.
BOOM 05/28 Pennant 19.24 -0.78 19.57 23.95 440K 500K 20.44
Current.
BUCY 06/03 Test BO 27.63 -0.91 31.98 37.95 3.1M 4M 29.74
Exited. Got out of BUCY as it continue to sell through Tuesday on average volume off its 18 day EMA as resistance and broke the key levels at its high from early May and mid October and November from 2008.
CAT 05/16 Test BO 35.56 -0.56 37.11 43.95 12M 18M 35.32
Current. Short step downhill for CAT to the 50 day EMA in some light downsides and now sits at key support and has rising just below average volume so needs to hold its ground.
CE 06/06 DB hdl 22.48 -0.76 21.66 24.95 3M 4M 21.08
Current. Short step downhill for CE continuing the test off last week's high into this week. Boost in volume at this level as well with buyers and sellers fighting a good bit and CE on the ball for this DB hdl base to get back on the positives now.
CELG 06/10 Test 50 43.12 +0.89 43.55 49.95 5.1M 7.8M 42.38
Buy Not Issued. Nice rebound for CELG on rising, now average volume. Bounced off its low from Monday at the highs from April and May and gapped up to the 50 day EMA as support and pressed on higher from there. If it can keep up this positive action from here we're in.
CHK 06/03 Test BO 22.54 -0.44 23.33 27.95 16M 20M 22.57
Current. Sold through Tuesday on rising now average volume. Keeping things rolling lower and still in a strong Asc bse with its lower Channel line at about 22.0 where it needs to hold along with its mid April high.
CME 05/09 Asc Tri 329.89 -1.69 257.78 284.95 812K 2M 316.08
Current. Short step lower here for CME on low volume. Holding up nicely at the 10 day EMA consolidating along the upper 320s some more waiting on stronger trade to take it higher again in this Asc bse.
CMED 06/08 Test BO 22.76 -0.79 23.04 28.85 415K 750K 22.32
Buy Not Issued. CMED posting selling again Tuesday on fading below average volume to the 18 day EMA. Still has key levels of support at 22.0 from its 200 day SMA and the highs from late April and early May. The gapping low from October lies at this level as well so CMED looking good to hold here.
CREE 06/11 Test BO 28.24 -0.29 29.77 34.31 897K 2.2M 27.69
Buy Not Hit. Doji step lower here for CREE on fading below average volume. Filled in this gap from late May now back to the upper 20s here and on light trade at the 50 day SMA and highs from mid May so looks solid to hold its ground at this level until stronger trade can help it up again.
DBC 05/13 Test BO 23.30 -0.09 22.11 25.44 1.7M 2.5M 23.22
Current. Moved along the 200 day SMA and 18 day EMA as support here on fading below average volume along with its late May high. Looks good and just needs to hold its ground here to stay out of trouble at this key support.
DE 06/04 DB hdl 41.62 -1.48 43.68 55.89 5.2M 6.5M 41.48
Buy Not Issued. Doesn't look good with this rough move lower again through Tuesday past its 50 day EMA, but this is a time to watch, i.e. when it tests prior lows such as the May lows here and the February high. If it holds there, even undercuts them for one day but then recovers, it can be a really good buy. Usually it is better at a lower level than this, but will watch it and see if it holds and sets up for that kind of move. The buy would be lower and would be one of those as it comes off and shows the test is over then is up the next day, holding the gains so watching closely for DE to make the magic happen from here.
DO 05/26 Cup hdl 88.68 -1.36 79.64 89.94 2M 3.5M 86.58
Current. Climbed nicely up to 92.19 and fell from there on fading below average volume to hold its 10 day EMA as support. Weak support here so looking to come back a bit more towards the 18 day EMA just above 85.0 now.
DRYS 04/21 BO 6.53 -0.19 7.19 8.97 24M 35M 9.84
Current. On rising low volume through Tuesday as it sold off the 50 day EMA as resistance along with the prior June low here. Not that terrible of a move but needs to hold at 6.0 at the 90 day SMA and late April and May lows as support in this June test.
EBAY 06/09 Pennant 17.23 -0.17 17.72 24.48 14M 22M 16.48
Buy Not Issued. Quiet session of selling for EBAY on fading below average volume. Nearing the late May lows at 17.0 and has its 50 day EMA steadily walking up to that level as well so need to see it hold its ground there.
EDU 06/08 Asc Bse 61.10 +0.60 58.21 66.95 529K 850K 57.48
Current. Short step higher here for EDU on rising below average volume. Surged up to 62.11 and fell from there to close with some quiet gains but solid action no less for EDU looking strong going against the market to keep up the Asc bse.
EOG 06/09 DB hdl 73.86 -2.39 75.02 86.95 3.5M 5M 72.89
Current. EOG posting some moderate downsides through Tuesday on fading now below average volume again. At its 18 day EMA here and its uptrend line from the lows since March's lows so looking for EOG to hit the brakes around this level and keep the move going.
ESRX 06/02 Cup hdl 61.73 +0.55 64.88 74.95 2.6M 4M 61.21
Buy Not Issued. Doji step higher for ESRX on rising below average volume. At its 18 day EMA as resistance here so needs stronger trade to help it plow through and we're in.
ESRX 04/27 FlyPlat 61.73 +0.55 61.11 69.95 2.6M 4.8M 62.38
Current.
FCX 03/05 Asc Bse 52.39 -2.75 33.58 38.95 24M 28M 53.11
Current. A bit late to sell some calls on this one but letting it make the test toward 50ish at its key 50 day EMA now after a rough move downhill through Tuesday.
FCX 12/10 Trnd Rv 52.39 -2.75 24.41 29.85 24M 26M 53.11
Current.
FLEX 06/06 DB hdl 4.14 -0.06 4.24 5.44 6.9M 9.8M 4.11
Current. Stepped laterally along the 18 day EMA on some rising just below average volume now and its mid April high. Like this DB hdl base and FLEX looking good to hold its ground here and get back on track again soon.
FSLR 06/03 Rolling 172.04 -6.94 180.00 198.00 3.1M 4.5M 174.68
Current. Broke back down into the gap range from late April's jump uphill to this level, but it did hold the 50 day EMA. So, looking for a bounce off of this level, but if it cannot break back up through 175 on that move it is a sell.
FSLR 05/18 Test BO 172.04 -6.94 189.22 214.88 3.1M 5M 192.32
Current.
GR 06/15 Test 18 49.87 -1.07 51.22 5756.9 1.5M 2.2M 49.88
Buy Not Hit. Not what we wanted but still watching it here as it continues to sell off the early June high in this long test through the middle of the month. On rising below average volume and needs to ease lower from here in this test now though. Can't have it going crazy and plummeting after some steady testing here.
HAL 05/28 Dbl btm 22.51 -0.64 23.62 29.88 14M 20M 22.44
Current. Not great action but looking at support at 22 as it sold through Tuesday past its 18 day EMA. On rising below average volume so has to hold 22 from its prior June lows.
HITT 05/29 Test 50 34.58 -0.16 36.17 41.88 112K 325K 35.11
Current. Stepped laterally along the 50 day EMA on fading low volume. holding here nicely at this testing low now and needs to keep up the good work. Looks good to do so with this low volume before it can get the positives going again.
HMSY 06/13 Asc Tri 38.48 +1.18 37.38 42.95 857K 600K 34.82
Buy Not Issued. Gapped uphill and rallied but gave back a lot of gain off its high at 39.5 so decided to wait and see how it handles the gap Wednesday. If it holds at 38 and starts up it is a buy.
IBM 04/13 Test 20 107.32 -0.30 101.53 114.88 7.2M 15M 106.08
Current. Started higher up to 109.14 and fell from there to hold here at its 18 day EMA and highs from early May. Doing well resting at support and on light trade so IBM just hanging here for now taking it easy.
ICE 06/15 Test 18 111.59 -1.49 114.21 129.95 1.5M 2.5M 110.57
Buy Not Hit. Quiet step lower for ICE on rising low volume to the 18 day EMA now. Key support here and time to hold in this June test.
ICE 05/07 Test BO 111.59 -1.49 94.89 111.65 1.5M 3M 108.89
Current.
IDXX 06/08 Test BO 44.57 -0.74 45.64 51.95 346K 700K 43.97
Current. Sold a bit through Tuesday with the market and on low volume as it now sits at the 18 day EMA and early May peak. Strong support here and light trade so can hold the line pretty easily.
IDXX 05/16 Test 20 44.57 -0.74 41.65 47.55 346K 700K 43.97
ILMN 05/06 Asc Tri 36.37 -0.81 36.48 41.55 1.5M 2.2M 36.78
Exited. Got out of ILMN as it sold hard through Tuesday past its 50 day EMA and 18 day EMA and the highs from mid-late May. Had to see it ease lower in this test at least to those key supports and just blew right by them so let it go.
IR 06/06 Pennant 21.81 -0.52 22.93 26.55 6.4M 7.5M 20.57
Current. Sold a bit through Tuesday on rising now average volume breaking the 18 day EMA on the way down. Nearing key levels of support at 221.0 from its early June lows and the 50 day EMA is crawling up to that level as well so has to hold its ground there in this test.
ISRG 06/10 Rev HS 158.22 -1.06 166.54 194.95 871K 2M 153.48
Current. Short step downhill for ISRG after climbing up to 162.6. Low volume and holding its 10 day EMA and early June highs with the 18 day EMA and late May highs just below this level at 155.9 so ISRG looking pretty good here.
JOYG 06/15 Test 18 36.36 -1.69 37.11 42.95 6.1M 6M 35.08
Buy Not Hit. Dropped JOYG as it only continue to sell through mid June now and headed south pretty quickly Tuesday. On rising high volume here breaking its 18 day EMA and only looks to continue downhill.
JOYG 05/22 Asc Tri 36.36 -1.69 32.27 37.94 6.1M 5.2M 37.42
Trailing Stop.
KSU 06/11 Flat 17.50 +0.54 16.77 19.95 3.3M 3M 16.11
Current. Nice rebound for KSU off its low from Monday on rising high volume here with KSU falling well off its session high at 17.9 at the high from last Friday, AKA June peak. Struggling a bit with this resistance but with the rising high volume and its support it held at 17.0 from the April, May and early June highs KSU looks good to get back on its feet here.
MBT 06/08 Test BO 39.70 -1.08 41.65 48.55 1.2M 2.7M 38.92
Current. Surged up to 41.9 and fell from there with the market to the 18 day EMA now just hanging here at its June testing low some more waiting on stronger trade to help it higher again.
MBT 05/27 Rolling 39.70 -1.08 38.54 44.94 1.2M 3M 39.74
Current.
MEOH 06/04 Cup hdl 13.69 -0.05 13.08 15.78 1.1M 875K 12.77
Current. Doji step laterally along the 10 day EMA and this June testing low here off its high from last Thursday. On high volume with a bit of battling going on at this level now but MEOH holding up nicely here and setting up to get the base going higher again soon.
MON 05/16 Test BO 81.62 -3.35 92.38 103.98 7.3M 8M 87.48
Exited. Got out of MON with its hard move lower through Tuesday breaking key levels from the 50 day EMA, 200 day SMA, and 90 day SMA on above average volume. Worth noting as well it managed to snap the uptrend line in this Asc bse as well and with the strong volume it only looks to head lower from here.
MOS 05/28 Test BO 51.21 -1.91 56.38 64.95 5.4M 10M 53.18
Current. Sold a bit off the 10 day EMA on rising below average volume. Nearing its 50 day EMA at 50.0 where it needs to hold its ground in this test into this week.
MPWR 04/10 Test 20 21.84 -0.33 18.88 22.94 599K 625K 20.68
Current. Reached back to the 18 day EMA on rising above average volume near 21.0 and bounced to close right above the 10 day EMA. Like this volume and MPWR in a strong Asc bse looking great for some more upsides soon off this quick test through mid June.
MRVL 05/26 Asc Bse 11.95 -0.52 11.85 14.00 13M 17M 11.59
Current. Surged up to 12.6 and fell from there back to the 18 day EMA now. At this key moving average and the highs from early May so needs to hold the line now.
MU 06/06 Cup hdl 5.20 -0.12 5.62 6.97 12M 25M 5.27
Current. Holding on pretty darn well given SOX selling as it just gave a short step lower of 12 cents in the loss with fading low volume. Still holding highs from late April and its uptrend line from the March lows.
MXIM 05/21 Test BO 15.97 -0.34 14.81 16.98 4.7M 8.5M 15.88
Trailing Stop. Sold hard through Tuesday on low volume to the 18 day EMA. Hit the stop loss mark on the way down and had to see this one to the door.
NETL 06/08 Cup hdl 37.18 +0.19 38.21 42.95 631K 975K 35.77
Current. Doji step higher for NETL doing well holding up against the market garbage again Tuesday. On rising above average volume hanging onto the 10 day EMA. Has resistance at 38.0 from its May and June highs where it needs to keep up the positive action here to press on through.
NETL 05/07 Test BO 37.18 +0.19 33.78 40.45 631K 1.1M 35.77
Current.
NOV 06/13 Pennant 36.26 -1.27 36.71 47.65 5.9M 10M 34.91
Buy Not Hit. Sold through Tuesday pretty hard thanks to the market and had rising below average volume. Broke its 18 day EMA and now sits at the 36.0 level as support from its early May and mid April highs so needs to ease on the breaks in this test now.
NTY 06/15 Test BO 27.12 -1.18 28.48 33.95 592K 750K 26.38
Buy Not Hit. Gave back the bounce from Monday in some modest downsides through Tuesday here back at the 10 day EMA. Holds the early May highs as well here and looks good to hit the brakes with its 18 day EMA just above 27.0 to help it out too.
OPLK 05/27 FlyPlat 11.84 -0.07 11.81 13.95 100K 175K 11.56
Current. Surged up to 12.4 before the market pulled it back down. OPLK on fading below average volume just resting at its 18 day EMA and looking good hanging here just under the 12.0 with solid supports helping it out at these June highs.
OXY 05/21 Test BO 64.36 -2.72 63.24 72.78 9.4M 10M 66.54
Current. Sold hard through Tuesday on high volume off the 10 day EMA all the way back to its 50 day EMA here. Broke its early May highs at 66.0 and nw needs to hit the brakes here.
PCU 06/03 Test BO 22.26 -0.63 21.44 24.98 3.4M 6M 22.77
PCU 05/19 Pennant 22.26 -0.63 20.41 24.98 3.4M 6.5M 22.77
Current. Managed to hold the April peak so left it but copper was struggling and just below the 18 day EMA so looking for PCU to hold its ground now.
POT 05/08 Test BO 107.18 -4.16 96.01 109.94 8.6M 20M 109.32
Trailing Stop. Took rest of nice gain off the table after POT sold hard through Tuesday off its 10 day EMA as resistance.
POT 04/27 Rolling 107.18 -4.16 82.64 89.95 8.6M 12M 109.32
Current.
QCOM 05/27 Rev HS 43.45 -0.86 42.69 48.94 18M 24M 44.04
Current. On average volume Tuesday with its selling off the 18 day EMA. Now nearing its 50 day EMA at 42.5ish and like this Rev HS base so needs to hit the brakes soon in this test through mid June.
QLD 05/22 Rolling 36.45 -0.65 32.81 35.93 17M 30M 37.69
Trailing Stop. On rising low volume as it climbed up to the 10 day EMA at 37.7 and failed to sell some more through Tuesday. Broke its stop loss mark so had to give it the axe.
SCHN 05/14 Test BO 57.87 -0.36 49.54 56.98 847K 900K 57.22
Current. Short step lower for SCHN on rising above average volume. At the 18 day EMA now and at the early June highs so looking good to hold up here.
SIGM 06/04 Test 50 16.06 -0.34 15.91 19.72 667K 975K 14.84
Buy Not Issued. SIGM on above average trade Tuesday with a short step lower again. At its 10 day EMA here and just getting a quick breather before it sets up again for the move higher.
SIGM 04/29 Pennant 16.06 -0.34 13.14 16.22 667K 1M 15.38
Current.
SLB 05/19 Test 18 56.97 -1.62 54.97 62.95 9.1M 16M 57.39
Current. Held the mid-April to May trendline so we left it after this rough session of selling on rising below average volume. Needs to keep up its end of the deal now though and hold this support.
SLB 04/27 Test BO 56.97 -1.62 49.00 55.95 9.1M 15M 57.39
Current.
SLG 04/25 Cup hdl 22.47 -0.87 18.86 25.88 2.6M 6M 23.64
Trailing Stop. Hard selling for SLG on low volume as it rushed downhill off the 18 day EMA and hit the stop loss mark to get the axe. Darn.
SNDK 06/06 Asc Bse 14.81 -0.26 16.42 19.45 5M 11M 14.98
Current. SNDK continuing lower in this test through mid June now on below average volume. Nice Asc bse and at its 50 day SMA and gapping high from late May so needs to hold here.
SOHU 05/22 Test BO 64.00 -1.91 54.77 64.95 1.1M 3M 65.38
SOHU 05/07 Test BO 64.00 -1.91 55.38 64.95 1.1M 3M 65.38
Current. Stepped lower through Tuesday on rising below average trade. Filling in the gap from late May now and at the 18 day EMA here so has to hold around this level now at 64.
SPN 05/19 Test 18 21.00 -0.95 22.10 28.45 941K 1.8M 22.44
Exited. Sold hard through Tuesday on rising low volume off the 18 day EMA as resistance. Broke its key level at the highs from mid October and November of 08 as well on the way down so decided to pull the plug.
SY 05/19 Test 50 32.39 -0.14 34.02 39.48 958K 2M 32.11
Current. Stepped laterally along the 50 day EMA on rising below average volume. Holds up here at its late May lows as well and this is a pretty significant level for SY so need to see it continue to hold here.
TQNT 05/18 Asc Tri 5.33 -0.59 4.08 5.22 3.6M 2.2M 5.28
Current. TQNT posting some rough downsides through Tuesday on rising high volume. Nearing the 18 day EMA and its early June 5.0 where it needs to hold.
TTEK 06/09 Test BO 27.61 -0.26 28.46 32.78 412K 600K 26.47
Current. Stepped laterally along this testing low at the 10 day EMA and highs from early June here near 27.5. On fading below average volume and looking for TTEK to take care of business now and set up the testing low to get the next move higher going again soon.
UCO 06/15 Test BO 13.57 -0.03 13.78 16.55 3.8M 7M 12.84
Buy Not Issued. Surged up to 14.2 and fell from there at the prior June high as resistance. Low volume and just couldn't hold the move with the market weathering some rough times Tuesday again.
UCO 05/20 BO 13.57 -0.03 10.50 12.88 3.8M 9M 13.89
Current.
UPL 05/12 Test BO 47.00 -1.15 48.41 54.95 1.7M 3M 45.91
Current. UPL selling hard through Tuesday on fading below average volume to the 18 day EMA. Broke its early June high at 48.0 and the highs from October and November of 08 so now needs to hold here at the 18 day EMA.
VARI 05/26 Asc Bse 38.72 +0.57 36.24 41.88 283K 450K 37.54
Current. On fading below average volume Tuesday with a doji step higher in some light gains off the 10 day EMA. Starting to get things back into shape here in the Asc bse and looking pretty solid.
VSEA 06/09 DB hdl 24.20 -0.34 25.82 29.88 386K 1.4M 24.01
Buy Not Issued. Sold hard off the 10 day EMA on low volume through Tuesday and broke its 18 day EMA on the way down. At the prior June low here 24.0 and the late May rebounding high. Testing a good bit here into mid June and needs to hit the brakes at this level.
WFC 06/04 Pennant 24.40 -0.31 25.66 29.95 62M 200M 23.63
Buy Not Issued. Stepped lower to the 200 day SMA on low volume now and its late May and early June lows. Has held here nicely through June and needs to keep it up now.
WFR 06/02 Test BO 19.29 -1.16 20.12 24.98 5.4M 8.5M 19.08
Current. WFR posting some rough downsides through Tuesday on below average trade as it broke the 10 and 18 day EMAs in the selling. Now sits at its highs from March, April and May and the lows of early October 08 so time to draw the line in the sand.
XME 06/03 Test BO 38.15 -0.99 39.73 45.95 4.7M 3.8M 39.76
Trailing Stop. On high volume as it sold off the 10 day EMA and broke the 18 day EMA. Hard move lower again for XME tripping the stop loss mark on the way down so had to let it go.
XME 05/22 Test BO 38.15 -0.99 36.06 42.88 4.7M 3.5M 39.76
Trailing Stop.
XTO 05/14 Test BO 41.33 -0.86 41.71 49.85 6.3M 12M 41.77
Current. Sold on fading below average volume past its 18 day EMA and now nears key levels of support from its mid-late May lows and prior June lows, as well as the 50 day EMA all at 40.0 where it needs to hold in this test.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AIPC 06/11 Put 25.73 -1.64 27.81 25.31 471K 550K 29.22
Current. Getting close to the target and as the momentum was solid just decided to see if it will push on past and down toward 24.50ish after a solid move lower through Tuesday.
BJ 06/10 HdShldr 31.58 -0.46 33.08 30.61 1.2M 1.8M 32.08
BJ on rising below average volume as it stepped lower through Tuesday again in this steady downside movement through June. Steady downsides here and with volume it can really keep the move going.
DRI 06/10 HdShldr 33.07 -0.80 33.67 30.55 2.3M 3.7M 34.33
Current. Got the quick test from last Friday and Monday up to its 10 day EMA and its resistance at 34 to lead into some solid selling through Tuesday. Set up nicely from here to lead lower now and have to like this earl week action for DRI.
GOLD 06/13 Put 66.60 +0.55 67.42 63.02 1.3M 1.6M 69.72
Buy Not Hit. Stepped laterally along the 18 day EMA on rising below average volume here solid resistance nicely and looking good to roll back downhill again soon after this quick breather.
GS 06/15 Put 144.16 +1.15 142.76 133.65 10M 24M 145.66
Buy Not Hit. Doji step laterally along the 18 day EMA for GS on rising low volume. Hanging on tight now at this level and struggling thanks to its 10 day EMA and highs from late May at 145 so need to see it hold some more and break below the 18 day EMA now.
MS 06/13 Put 28.10 -0.30 29.53 27.44 24M 55M 30.27
Buy Not Issued. Sold a bit through Tuesday with the market on rising below average volume. Keeping things rolling lower through mid June now looking decent but needs volume to break its 50 day EMA and highs from mid April at 27.0 to let us in.
NFLX 05/13 HdShldr 37.83 -0.33 36.76 34.04 1.7M 3M 39.22
Current. Short step uphill to the 10 day EMA for NFLX before the market pulled it lower by the heels. On just below average trade here wrestling a bit at these mid May lows and the testing low here from last week and need to see it head downhill in this strong Head and Shoulders base.
POT 05/20 Put 107.18 -4.16 113.74 105.76 8.6M 12M 108.22
Current. Great move lower here for POT on strong trade off the 10 day EMA as resistance. Could easily make it to 50 day EMA (102.82) from here now so letting it makes its selling move. Nice.
SDS 06/11 Put 56.57 +1.47 54.21 59.94 44M 55M 51.38
Buy Not Issued. Bounced up off the 10 day EMA with SP500 rolling lower again and SDS clearing the 18 day EMA as resistance so dropped it to go with SPY instead.
SPY 06/15 Put 91.64 -1.26 92.34 90.08 227M 300M 93.24
Entered today. New buy here for SPY with SP500 selling Tuesday and SPY breaking its 18 day EMA and May highs as support into the 91s now. Looking good heading lower now and set to keep up the good work at this rate.
SPY 04/24 Put 91.64 -1.26 86.65 80.42 227M 350M 87.22
Current.
SPY 04/22 Put 91.64 -1.26 84.05 80.42 227M 350M 85.69
Current.
End part 1 of 3
|
us stock market
trade stock
|
