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stock watch, stock recommendation
Begin part 3 of 3
**NOTE: Our transcriber suffered a system crash this evening and the transcript for PART 1 was lost. We apologize for this but the transcriber will be up and running Tuesday. Thank you for your understanding.
THE PLAYS:
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NEW FEATURE: Each play contains an additional link to a VIDEO that discusses the play in terms of the CHART PATTERN it is currently showing. Patterns, buy points, and targets are discussed along with other points that make the play a good one as well as what areas to watch for. We hope you enjoy this new addition.
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Upside:
Play Date: 11/23/2009
AEZ (American Oil & Gas--$2.80; -0.11; no options): Independent oil and gas
http://biz.yahoo.com/p/a/aez.html
EARNINGS: 11/06/2009
STATUS: AEZ broke higher from a short 6 week triangle last week and rallied quickly, only to fall right back to the breakout point in that Thursday selling when the dollar bounced sharply and energy suffered. It has held the break, however, coming to rest right on top of the 10 day EMA on the close. This is where you want to see AEZ hold and then continue the break higher.
VIDEO: http://investmenthouse1.com/ihmedia/AEZ.wmv
Volume: 372.885K Avg Volume: 394.492K
BUY POINT: $2.94 Volume=585K Target=$4.00 Stop=$2.68
POSITION: - Stock
http://www.investmenthouse.com/ci/aez.html
Play Date: 11/23/2009
EV (Eaton Vance--$30.54; +1.33; optionable): Asset Management
http://biz.yahoo.com/p/e/ev.html
After Hours: $30.51
EARNINGS: 11/24/2009
STATUS: Ascending triangle. EV has come right back and continued its 15 week pattern, bouncing off the 50 day EMA (29.15) Monday. Very solid, above average volume, the best of the month, accompanied the move. It has rallied to the top of the pattern and just waiting for a breakout to move in. Can play it with a full buy on the breakout or can buy part of the position and then complete the buy when it tests. Like how it continues to hold the pattern, making a higher low to set up this move.
VIDEO: http://investmenthouse1.com/ihmedia/EV.wmv
Volume: 1.368M Avg Volume: 829.483K
BUY POINT: $30.71 Volume=1M Target=$35.45 Stop=$28.91
POSITION: EV BF - Feb. $30c (53 delta) &/or Stock
http://www.investmenthouse.com/ci/ev.html
Play Date: 11/23/2009
PFWD (Phase Forward--$16.48; +0.67; optionable): Business management services
http://biz.yahoo.com/p/p/pfwd.html
After Hours: $16.41
EARNINGS: 10/29/2009
STATUS: Flag. PFWD surged higher last week, clearing a 5 month jagged, cup base. Solid volume on the move and now a test through Friday, showing a nice tight doji at the 10 day EMA. Monday it tapped the 10 day on the low (15.84) and jumped back up. Looks as if PFWD is going to continue its breakout move off this nice little flag pattern and we are ready to move in as it does so.
VIDEO: http://investmenthouse1.com/ihmedia/PFWD.wmv
Volume: 137.965K Avg Volume: 273.822K
BUY POINT: $16.56 Volume=411K Target=$19.55 Stop=$15.38
POSITION: UTO DC - Apr. $15c (65 delta, low OI) &/or Stock
http://www.investmenthouse.com/ci/pfwd.html
Play Date: 11/23/2009
XIDE (Exide Tech--$8.12; +0.33; optionable): Industrial electrical equipment
http://biz.yahoo.com/p/x/xide.html
After Hours: $8.06
EARNINGS: 11/05/2009
STATUS: Reverse head and shoulders. XIDE is starting the break higher from an 8 week pattern formed to consolidate the July to September run to the upside. Nice fade last week to near support at the 10 day EMA (7.70) and then a gap higher Monday on a solid shot of rising, average volume. Nice pattern, nice gap higher on volume. Ready to move in as XIDE continues the move higher.
VIDEO: http://investmenthouse1.com/ihmedia/XIDE.wmv
Volume: 626.594K Avg Volume: 719.737K
BUY POINT: $8.19 Volume=750K Target=$9.94 Stop=$7.48
POSITION: FRU CU - Mar. $7.50c (65 delta) &/or Stock
http://www.investmenthouse.com/ci/xide.html
Good Investing!
Jon L. Johnson and your IH Alerts Team
All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP. or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners in Online Investment Services, LP. or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.
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stock watch
stock recommendation
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