|
|
stock watch, stock split
Begin Part 2 of 2
THE PLAYS:
NEW BONUS PLAYS:
Upside:
KDE (4Kids Entertainment--$21.07; +0.81; optionable): Toys and such
http://biz.yahoo.com/p/k/kde.html
STATUS: Ascending wedge. KDE is ready to break out of a large ascending wedge. It has demonstrated very good price/volume action, and relative strength is breaking out with the Wednesday move that came on a strong surge in above average volume. Looks ready to make the move to the next level.
Volume: 164.5K Avg Volume: 119.681K
BUY POINT: $21.31 Volume=180K Target=$25.55 Stop=$19.82
POSITION: KDE BW - Feb. $17.50c (74 delta) and/or Stock
http://www.investmenthouse.com/cs/kde.html
Downside:
CLX (Clorox--$41.45; +1.13; optionable): Cleaning products
http://biz.yahoo.com/p/c/clx.html
STATUS: Testing the 50 day MVA breach (41.79) on Tuesday, moving back up to test that level on the high with much lower volume. We anticipate that it will fail at that level or after a bit of a test higher as the market rallies, and then fail. We will look to pick it up on a fall from there.
Volume: 1.194M Avg Volume: 1.125M
BUY POINT: $41.25 Volume=1.2M Target=$37.25 Stop=$42.35
POSITION: CLX MI - Jan. $45p (-69 delta)
http://www.investmenthouse.com/cs/clx.html
CONTINUING BONUS PLAYS
Upside:
APPX (American Pharmaceutical--$16.95; +0.43; no options): Drug manufacturer
http://biz.yahoo.com/p/a/appx.html
STATUS: Cup w/handle. Continuing the move up on the handle on solid volume. Accumulation is solid at 8 up weeks on rising volume to just 4 down weeks on rising volume. Getting close to the breakout.
Volume: 249.94K Avg Volume: 145.045K
BUY POINT: $17.11 Volume=225K Target=$20.55 Stop=$15.85
POSITION: Stock (no option chain)
http://www.investmenthouse.com/cs/appx.html
BYD: Made the move and still a buy!
PRE-ANNOUNCEMENT PLAYS
EDMC (Education Management--$44.23; +2.62; optionable): Education and training. Forecast to announce a split on 10-24-02 in conjunction with earnings. At this time the company cannot confirm this date, but based upon our research this is the date for the announcement.
http://biz.yahoo.com/p/e/edmc.html
BACGROUND: Last announced a 2 for 1 split on 12-2-98 at a stock price of $46. The annual shareholder meeting was on 11-8-01 at which time no additional shares were authorized. The company has sufficient shares for a 2 for 1 split.
STATUS: Reverse head and shoulders. Making the breakout move on super volume. Still a buy at this point, but may pullback a bit after such a strong move.
Volume: 521.781K Avg Volume: 342.227K
BUY POINT: Still a buy from here (orig. $44.03). Volume=520K Target=$49.45 Stop=$40.95
POSITION: UKN LH - Dec. $40c (65 delta, low OI) and/or Stock
http://www.investmenthouse.com/cs/edmc.html
CONTINUING CANDIDATES
AZO (Autozone--$79.27; +6.22; optionable): Auto parts is parts
http://biz.yahoo.com/p/a/azo.html
STATUS: Ascending wedge. Blew out earnings and raced ahead on super volume. Will more than likely pullback a bit to test the move. A test of 78 would be a great point to step in.
Volume: 1.074M Avg Volume: 1.191M
BUY POINT: On a test of 78 to 77.50 (orig. $75.69). Volume=1.5M Target=$82.55 Stop=$71.25
POSITION: AZO LN - Dec. $70c (64 delta) and/or Stock
http://www.investmenthouse.com/cs/azo.html
HSIC (Henry Schein--$53.43; +1.35; optionable): Wholesale medical equipment
http://biz.yahoo.com/p/h/hsic.html
STATUS: Test 18 day MVA. Making the move on some super volume after holding support at 52. Looks ready for a further ride from here to hit the breakout buy point after hitting the aggressive point Wednesday.
Volume: 622.505K Avg Volume: 433.227K
BUY POINT: Hit aggressive buy: 53.25. Breakout: 54.50 (orig. $52.05). Volume=550K Target=$59.85 Stop=$50.15
POSITION: HQE AI - Jan. $45c (74 delta) and/or Stock
http://www.investmenthouse.com/cs/hsic.html
PRE-SPLIT
RMCI (Right Management--$24.5; -0.41; optionable):
http://biz.yahoo.com/p/r/rmci.html
STATUS: Still testing the 10 day MVA and holding it on the close after a test of 24. Lower volume pullback that looks ready to start the next move up.
Volume: 152.018K Avg Volume: 151.681K
BUY POINT: $25.05 (orig. $25.75). Volume=225K Target=$29.75 Stop=$23.65
POSITION: UHU AD - Jan. $20c (74 delta) and/or Stock
http://www.investmenthouse.com/cs/rmci.html
POST-SPLIT
COCO (Corinthian Colleges--$37.2; +1.28; optionable): Education
http://biz.yahoo.com/p/c/coco.html
STATUS: Testing 18 day MVA. Bounced sharply Wednesday with the education stocks. Volume was up but could have been better. Still looks ready.
Volume: 591.947K Avg Volume: 827.727K
BUY POINT: $38.11 Volume=809K Target=$42.75 Stop=$35.44
POSITION: UCS BF - Feb. $30c (74 delta) and/or Stock
http://www.investmenthouse.com/cs/coco.html
UOPX (University of Phoenix Online--$31.23; +0.47; optionable): Online education
http://biz.yahoo.com/p/u/uopx.html
STATUS: Cup w/handle. Still in the handle of the 4-month base as it continues to work along the 10 day MVA (30.72). Excellent accumulation in the base at 7 up weeks on rising volume to just 3 down weeks on rising volume. Looks ready.
Volume: 129.3K Avg Volume: 172.272K
BUY POINT: $32.1 Volume=262K Target=$37 Stop=$29.85
POSITION: UBY CF - Mar. $30c (65 delta) and/or Stock
http://www.investmenthouse.com/cs/uopx.html
WATCHLIST/ CONTINUING
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
$OEX 09/21 Bounce 421.68 +10.81 424.45 438 13M 0 419
Recovered on a strong session. Have to watch the short term MVA at 436.72.
ACAS 09/10 Put 17.9 +0.54 19.98 17 1.3M 900K 19.22
AGAM 08/28 cup hdl 5.74 -0.08 6.02 7.25 30K 75K 5.25
ALLY 09/07 cup hdl 15.86 +1.1 15.86 18.25 753K 675K 14.55
APOL 08/15 A Wedge 43.48 +1.25 40.65 48 2.3M 3.3M 39.94
APPX 09/19 cup hdl 16.95 +0.43 17.11 20.55 250K 225K 15.85
AXP 09/17 Put 31.7 +0.74 33.18 28 4.7M 6M 33.55
AZO 08/24 DB hdl 79.27 +6.22 75.69 82.55 3.9M 1.5M 71.25
BDK 09/16 Put 42.86 +2.46 42.81 38.45 1.3M 850K 43.55
BLL 08/27 cup hdl 49.85 +1.2 48.35 55 510K 800K 51.88
BLL 08/06 Rv H&S 49.85 +1.2 44.55 54.55 510K 800K 51.88
BRCM 08/17 Test 50 13.9 +1.13 19.2 19.8 10M 9M 17.25
BSX 09/12 cup hdl 30.06 +1.28 30.94 35.58 3.5M 3.3M 28.77
BYD 09/16 Test BO 18.26 +0.57 18.05 20.75 622K 461K 16.79
BYD 08/19 cup hdl 18.26 +0.57 16.56 19.88 622K 461K 16.45
CECO 09/20 Test 50 46.2 +0.76 46.55 53.53 636K 700K 43.29
CHS 09/14 cup hdl 17.79 +0.67 19.05 22.94 971K 1.8M 17.72
CLX 09/25 Put 41.45 +1.13 41.25 37.25 1.2M 1.2M 42.35
COCO 09/18 Test 18 37.2 +1.28 38.11 42.75 592K 809K 35.44
COCO 08/01 Rv H&S 37.2 +1.28 29.95 36 592K 809K 34.25
COH 08/22 cup hdl 27.66 +0.9 27.55 33 644K 1.4M 28
COH 08/13 BO 27.66 +0.9 25.55 30 644K 1.4M 28
CUB 09/18 Put 18.31 +0.45 18.98 16 76K 85K 21
EASI 09/18 Test 18 59.55 -1.25 58.95 66 200K 304K 56.25
EASI 08/03 Flat 59.55 -1.25 50.25 58 200K 300K 55
EDMC 09/07 Rv H&S 44.23 +2.62 44.03 49.45 522K 520K 40.95
ERES 09/07 A Wedge 17.75 +1.33 17.35 19.95 121K 200K 17.25
ETR 09/24 Put 38.76 +0.76 37.88 34 1.6M 1.3M 40
EXPE 09/12 Put 50.71 +0.77 52.85 48.55 1.4M 1.8M 55.05
FBP 09/04 Flat 38.63 +0.48 41.45 47.65 47K 99K 38.55
FNFG 09/20 BO 31.59 +0.39 31.75 36.51 30K 87K 29.53
FNFG 07/27 Test BO 31.59 +0.39 28.4 33.45 30K 90K 29.25
GG 09/19 cup hdl 10.81 -0.39 11.98 14.45 1.6M 2.4M 10.95
GTK 09/19 Test BO 24.77 +0.5 25.95 30 639K 1.3M 24.04
GYMB 09/18 cup hdl 17.82 +0.94 19.4 22.45 346K 586K 17.95
HSIC 09/04 BO 53.43 +1.35 52.05 59.85 623K 550K 50.15
ICUI 08/26 cup hdl 35.39 +0.97 37.89 42.75 100K 95K 36.25
KDE 09/25 A Wedge 21.07 +0.81 21.31 25.55 164K 180K 19.82
KSS 08/22 cup hdl 66.56 +0.56 73.85 84.96 3.2M 3M 68.68
KSS 08/22 cup hdl 66.56 +0.56 73.85 84.96 3.2M 3M 68.68
LANC 09/21 Test 18 42.25 -0.21 44.25 50.88 260K 254K 41.15
MBG 09/24 cup hdl 33.7 +1.31 33.51 38.55 1M 1M 31.16
MIK 09/14 Test 18 46.17 +1.36 48.38 55.55 925K 875K 44.99
NLS 09/21 Put 27.48 +0.28 27.55 24 690K 725K 28.75
PFCB 09/14 Put 28.6 +1.4 28.98 26 520K 650K 29.75
POS 09/19 Put 27.9 +0.41 29.15 26 290K 265K 29.45
PRGX 08/27 cup hdl 12.69 -0.25 15.05 18 475K 975K 14
PSUN 09/21 cup hdl 23.17 +1.07 24.47 28.15 694K 1.5M 22.76
RESP 09/19 Put 32.54 +0.67 30.98 28 122K 250K 32.55
RMCI 09/18 PreSplt 24.5 -0.41 25.75 29.75 152K 225K 23.65
ROST 07/27 Dbl btm 37.7 +0.28 39.95 48 1M 955K 39.45
SPW 09/10 PreSplt 103.15 +3.55 105.15 110 473K 425K 102.55
STAR 09/19 Put 19.98 +2.02 18.54 15.55 881K 275K 20
STJ 09/21 Put 36.56 +0.9 35.95 32.05 1.2M 1.9M 37.35
TVX 09/21 cup hdl 14.3 -0.59 15.45 18.55 65K 685K 14.25
UOPX 09/23 cup hdl 31.23 +0.47 32.1 37 129K 262K 29.85
UPC 09/17 Put 27.62 +0.95 28.32 26 1.2M 615K 28.95
VAR 09/16 A Wedge 44.41 +1.64 43.96 50.55 373K 550K 41.85
VAR 08/10 Dbl btm 44.41 +1.64 42.75 46.9 373K 550K 41.25
VWKS 08/30 cup hdl 7.85 +0.45 8.45 10.25 207K 890K 7.86
WEN 09/21 Put 32.76 +0.54 32.75 30 1.2M 1.6M 33.33
YUM 09/17 Put 28.23 +0.91 27.05 24 1.7M 2.2M 29
Good Investing!
Jon L. Johnson and the Stock Split Report Staff.
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 of 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.
|
stock watch
stock split
|
