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stock recommendation, stock option
Begin Part 2 of 2
THE PLAYS
New:
Downside
CYMI (Cymer--$33.13; -4.03; optionable):
http://biz.yahoo.com/p/c/cymi.html
STATUS: Put. This one worked so well and is falling so hard we are looking for another downside play. Tuesday it broke below the 200 day MVA (34.50) on very strong volume, completing the head and shoulders pattern. It has plenty of room to fall from here.
Volume: 2.611M Avg Volume: 1.46M
BUY POINT: $32.95 Volume=2M Target=$25.55 Stop=$37
POSITION: CQG TH - Aug. $40 put (-61 delta)
http://www.investmenthouse.com/ct/cymi.html
JCI (Johnson Controls--$78.41; -3.17; optionable): Auto parts
http://biz.yahoo.com/p/j/jci.html
STATUS: Put. Tanked below the 200 day MVA (81.50) on strong volume, completing something of a head and shoulders pattern. After hours Delphi upped its guidance so these stocks saw a pop higher. We anticipate that JCI will try to rally toward the 200 day but fail at that point or at 80. When it rolls over we will look at taking positions or further down when it is back below Tuesday close.
Volume: 913.5K Avg Volume: 434.318K
BUY POINT: After a test of 80, 79.25. Breakdown: $78.30. Volume=600K Target=$75 Stop=$81
POSITION: JCI TQ - Aug. $85 put (-69 delta)
http://www.investmenthouse.com/ct/jci.html
Upside
DRF (Dan River--$5.27; +0.75; no options): Textiles
http://biz.yahoo.com/p/d/drf.html
STATUS: Broke out today from a 7-week lateral consolidation after a strong move up since March (went the opposite way of the rest of the market). After three flat weeks of no volume, DRF leaped up today on strong, above average trade. Relative strength is moving out ahead of this one and accumulation has been solid. We think it can run for us quite a bit here.
Volume: 260.9K Avg Volume: 113.09K
BUY POINT: $5.35 Volume=170K Target=$9.25 Stop=$4.25
POSITION: Stock
http://www.investmenthouse.com/ct/drf.html
CONTINUED PLAYS:
ECOL (American Ecology--$4.05; +0.09; no options): Waste Management
http://biz.yahoo.com/p/e/ecol.html
STATUS: This field is quite good, and ECOL's pattern is great as well. Looking for the breakout soon. It tried to make the move today on some rising volume, but backed off. Still looks super.
Volume: 22.5K Avg Volume: 40.818K
BUY POINT: $4.35 Volume=65K Target=$5.96 Stop=$3.65
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ct/ecol.html
MMSI (Merit Medical Systems--$18.77; +1.06; optionable):
http://biz.yahoo.com/p/m/mmsi.html
STATUS: After tanking Monday on some rising volume, MMSI recovered Tuesday on once again strong volume. A very nice recovery, holding the pattern well. Looks ready to try the breakout.
Volume: 186.8K Avg Volume: 152.136K
BUY POINT: $19.5 Volume=240K Target=$23.4 Stop=$18.14
POSITION: RMQ JC - Oct. $15 call (80 delta Low OI) and/or stock
http://www.investmenthouse.com/ct/mmsi.html
WATCHLIST/ CONTINUING:
We have put all plays in a summary table that contains the date the stock was put on the report (so you can go back and check out the details of the play) and the other pertinent information. This provides more information than the watchlist summaries and still contains comments when appropriate. VIEW THIS IN COURIER NEW, 12 FOR BEST RESULTS. You can also easily print the table from the website (www.investmenthouse.com) from the 'current reports' section. If you just want to print the table you can cut and paste it to a word document setting the font to Courier New size 12. Just left click on the beginning of the table and drag to the table end. After selecting, right click and select 'copy.' Paste into your word processor. Select it all and choose Courier New, font size 12.
Stock Date Play Close +/- Pivot Tgt Vol AvgV Stop
ADVP 06/22 Put 24.25 -0.87 25.25 21 1.6M 2.4M 28
AET 06/13 Saucer 46.37 -2.08 50.35 60 2.4M 1.3M 46.83
AMGN 06/20 Put 40.66 -1.12 40.9 37 15M 13M 44.20
APSG 06/15 Test BO 12.53 +0.63 12.25 16 165K 46K 11
ATH 06/22 Test BO 66.36 -2.84 72.75 86.75 2M 1.4M 67.66
ATH 06/08 BO 66.36 -2.84 72.25 86.75 2M 1.4M 67.19
ATMI 06/18 Put 20.01 -1.45 23.85 20.05 562K 463K 26
AXP 06/19 Put 36.32 -0.78 37.75 34.05 5.1M 4.7M 41
BGG 05/11 Put 37.55 -0.03 39.4 35 209K 139K 42
BL 05/21 cup hdl 23 0 23.85 27.5 37K 17K 22
BLC 05/25 Flat 22.83 -0.02 24.25 30 280K 270K 22.55
BPOP 06/15 cup hdl 32.9 +0.14 32.35 36.5 75K 110K 30.50
BYBI 05/23 BO 11.4 0 9.7 12.75 25K 50K 9.02
CAND 06/19 BO 4.01 -0.25 5.05 6.95 690K 295K 4.45
CAND 06/06 BO 4.01 -0.25 4.98 6.95 690K 295K 4
CBRL 06/15 Test BO 30.58 -1.2 32.5 40.25 996K 843K 30.22
CERN 05/20 A Wedge 50.15 -1.72 56.1 60 279K 435K 53
CI 06/15 Put 96.98 +0.28 99.9 95.2 1M 765K 103.50
CMPC 06/12 Test BO 3.55 -0.09 4.1 5.63 168K 138K 3.55
CTX 05/11 Put 55.09 -1.96 53.5 49 1.5M 1.2M 56
CVH 06/05 Test BO 27.45 -1.85 32.6 39 977K 468K 29
CYMI 06/25 H&S 33.13 -4.03 32.95 25.55 2.6M 1.5M 37
CYMI 06/03 Put 33.13 -4.03 39.45 33.8 2.6M 1.5M 44
DRF 06/25 BO 5.27 +0.75 5.35 9.25 261K 113K 4.25
DTC 06/17 cup hdl 12.23 +0.18 12.22 15 27K 61K 11.36
ECL 05/23 cup hdl 45.27 -0.27 47.8 57.36 385K 355K 44.45
ECOL 06/20 A Wedge 4.05 +0.09 4.35 5.96 22K 41K 3.65
ERTS 05/30 Cup 62.35 +0.71 66.12 79.5 2.9M 3M 61.49
FRX 06/10 Put 70.81 +0.78 72.45 68 1.3M 1.3M 75
FSS 05/22 DB hdl 25.08 -0.06 25.8 31 320K 199K 23.99
FTEK 06/12 Test BO 6.75 0 6.92 8.25 11K 65K 6.37
FTEK 06/01 A Wedge 6.75 0 6.65 8 11K 65K 5.95
GISX 06/24 A Wedge 19.21 -0.88 20.85 25.48 98K 160K 18.25
GPI 06/11 Put 37.28 -1.21 38.02 34.1 183K 255K 41
HGR 05/20 Test 50 14.76 -0.18 12.6 19 214K 130K 11.72
HI 05/20 Put 49 -1 53.45 48.5 2.5M 3M 56
HLT 05/06 Put 13.89 +0.29 14.3 12 1.5M 1.9M 15.80
HSIC 05/15 BO 45.27 -1.78 49.4 56.9 673K 294K 46.50
HSY 06/12 Put 63.61 -1.15 65.35 61 295K 449K 67.25
IBC 06/08 BO 28.85 +0.37 28.6 34.96 587K 261K 26.6
IGT 06/22 Put 55.78 -1.62 57.7 53.5 1M 1M 61.50
IMDC 05/20 Put 26.78 -0.61 29.9 26 301K 215K 32
INTU 05/30 cup hdl 44.49 +1.24 45 54 7.1M 2.8M 41.85
IO 06/22 A Wedge 9.35 -0.15 9.95 12 326K 106K 9.12
JBHT 06/01 A Wedge 29.76 -0.85 28.72 36 558K 492K 25.40
JCI 06/25 Put 78.41 -3.17 78.3 75 914K 434K 81
KROL 06/06 BO 21.55 -0.5 20.2 24 500K 385K 19.50
LGND 06/15 Put 13.83 +0.24 13.95 10.05 514K 595K 15.35
MMSI 06/22 cup hdl 18.77 +1.06 19.5 23.4 187K 152K 18.14
MNTR 06/15 Put 36.9 -0.92 35.95 32.2 97K 116K 38
MTB 06/11 Put 84.67 +0.33 82.95 77.75 294K 248K 85.60
NCR 06/24 Put 34.01 -1.35 35.25 31.15 454K 486K 38
NFB 06/22 Test 18 38.93 +0.18 39.2 45 642K 650K 37.50
NFB 04/13 BO 38.93 +0.18 36.55 43.5 642K 650K 37.50
NMHC 06/18 cup hdl 9.85 +0.05 13 15.6 15K 30K 11.90
OVTI 06/24 BO 13.9 -0.36 14.55 19.48 490K 332K 12.85
PBG 05/30 Test 18 32 -0.6 32.75 36 1.6M 1.2M 30.46
PCLE 06/08 BO 10.37 -0.51 11.5 19.94 772K 720K 10.25
PCLE 05/06 cup hdl 10.37 -0.51 10.27 13 772K 720K 9.40
PETC 06/19 BO 23.19 -1.07 26.25 31 353K 229K 24
PETC 06/01 Test BO 23.19 -1.07 25.85 31 353K 229K 24.04
PNR 06/08 Put 47.47 +0.32 44.7 39.75 472K 278K 47
QCOM 06/05 Put 26.36 -0.44 31.5 25 18M 15M 33.50
RE 06/11 Put 58.55 -0.54 58.55 54 242K 564K 63
REY 06/19 cup hdl 28.14 -0.44 31.15 37.38 334K 294K 28.97
SALM 06/03 cup hdl 29.75 -0.05 30.17 36.2 106K 68K 27.50
SSNC 06/22 Test BO 13.8 -0.3 13.4 16 156K 72K 11.75
SSNC 06/15 A Wedge 13.8 -0.3 12.65 16 156K 72K 11.50
TEVA 06/04 cup hdl 63.48 +0.38 68.05 80 443K 879K 63.29
TEVA 05/15 BO 63.48 +0.38 62.1 67 443K 879K 60.50
XL 06/24 Put 86 -2.01 87.38 82.65 804K 873K 90.50
XRAY 05/25 A Wedge 36.11 -0.89 40.35 48.25 519K 351K 37.53
Good Investing!
Jon L. Johnson and your Technical Traders Report 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 recommendation
stock option
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