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stock recommendation, stock option
Begin Part 2 of 2
THE PLAYS:
New Plays:
Downside:
EAT (Brinker Intl.--$28.33; -1.22; optionable): Restaurants
http://biz.yahoo.com/p/e/eat.html
STATUS: Put. EAT is under pressure, breaking below the 200 day MVA just below 31, testing the move and then falling again this week. Tuesday it broke below the 50 day MVA (29.24) on another spike in volume. As it did with the 200 day MVA, we anticipate EAT testing the 50 day MVA intraday and then rolling back over. Our favorite entry point on put plays is after a test of the support it just broke. There is usually that attempt to rally back; if it fails you know the stock is still in serious trouble.
Volume: 1.402M Avg Volume: 816.636K
BUY POINT: $28.65 Volume=1M Target=$26 Stop=$30.05
POSITION: EAT MF - Jan. $30p (-58 delta)
http://www.investmenthouse.com/ci/eat.html
Continuing Plays:
Play Date: 11/30/2002
ISSX (Internet Security System--$24.11; -0.23; optionable): Internet security
http://biz.yahoo.com/p/i/issx.html
STATUS: New buy point. Testing. Held its ground Tuesday on even lower volume as ISSX held the 10 day MVA on the close, showing a very tight doji. Internet security is strong. Good test.
Volume: 1.34M Avg Volume: 2.017M
BUY POINT: $25.05 Volume=2.5M Target=$31 Stop=$23.3
POSITION: ISU DX - April $22.50c (72 delta) and/or Stock
http://www.investmenthouse.com/ct/issx.html
Play Date: 11/09/2002
MXIM (Maxim Integrated--$41.02; -1.79; optionable): Semiconductor
http://biz.yahoo.com/p/m/mxim.html
STATUS: Testing the breakout. MXIM moved over its 200 day MVA at 40 eight sessions back and is now selling back to test that move. Volume backed off Tuesday on the selling. MXIM can make up big chunks of real estate in a hurry so we are very interested in catching this one as it starts back up. We might be a bit early and it may test all the way back to 40 or even a bit lower intraday, but we want to be ready because it can make such fast, impressive moves. Money flow is still way out ahead of the price.
Volume: 9.283M Avg Volume: 10.467M
BUY POINT: New: After at test of 41, 42.05 (orig. $34.25) Volume=12M Target=$45 Stop=$39.94
POSITION: XIQ BG - Feb. $35c (74 delta) or XIQ EH (63 delta) and/or Stock
http://www.investmenthouse.com/ct/mxim.html
Play Date: 11/12/2002
UTHR (United Therapeutics--$17.08; +0.03; no options): Drug manufacturer
http://biz.yahoo.com/p/u/uthr.html
STATUS: Cup w/handle. UTHR is still working on the handle as it was not able to make and hold the breakout. Tuesday it showed a doji right on top of the 10 day MVA as volume remained below average. This base formed on top of the prior 4-month base, a very good combination of patterns. Accumulation is excellent at 7 accumulation weeks to 2 distribution weeks. Looks ready for the next move.
Volume: 55.87K Avg Volume: 168.772K
BUY POINT: $17.65 Volume=295K Target=$21.45 Stop=$16.21
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ct/uthr.html
Play Date: 11/30/2002
SRNA (Serena Software--$18.83; -0.16; optionable): Business software
http://biz.yahoo.com/p/s/srna.html
STATUS: Testing the breakout. Held up very well in a weak tech market, holding the 10 day MVA on the low on lower volume. Nice tight doji, and looking for that breakout.
Volume: 331.701K Avg Volume: 434.5K
BUY POINT: $19.85 Volume=710K Target=$24.55 Stop=$18.46
POSITION: NHU EW - May $17.50c (66 delta, low OI) and/or Stock
http://www.investmenthouse.com/ct/srna.html
Play Date: 11/30/2002
SYMC (Symantec--$43.64; -0.46; optionable): Internet software
http://biz.yahoo.com/p/s/symc.html
STATUS: Testing the breakout. Still holding up well, testing the 18 day MVA on the low (42.96) and recovering to hold the 10 day on the close. Very good test given the tech selling.
Volume: 2.813M Avg Volume: 4.065M
BUY POINT: $44.51 Volume=4.5M Target=$52 Stop=$41.98
POSITION: SYQ DH - April $40c (72 delta) and/or Stock
http://www.investmenthouse.com/ct/symc.html
Play Date: 11/20/2002
ZBRA (Zebra Technologies--$64.77; -0.65; optionable): PC peripherals
http://biz.yahoo.com/p/z/zbra.html
STATUS: Testing the breakout. Another tech stock holding up well on a down session, ZBRA held the 10 day MVA on the low (64.50) on lower volume. Very good test of the breakout still in progress.
Volume: 158.201K Avg Volume: 307.818K
BUY POINT: $66.35 Volume=475K Target=$74.75 Stop=$62
POSITION: ZBQ EM - May $65c (57 delta, low OI) and/or Stock
http://www.investmenthouse.com/ct/zbra.html
WATCHLIST/ CONTINUING:
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ACTI 11/23 Test BO 8.97 -0.14 9.28 11.88 149K 165K 8.56
ADI 11/06 Test BO 29.57 -1.27 26.5 32.45 2.4M 5.8M 28.74
APH 11/16 Rv H&S 43.81 -0.7 42.69 49.94 223K 300K 42
ARTI 11/02 Cup 21.41 -0.73 14.85 20 419K 150K 17.65
AVID 10/30 cup hdl 19.4 +0.06 15.65 20.45 245K 177K 17.35
AVP 11/25 cup hdl 51.5 +0.57 52.94 61 1.2M 1.8M 50.25
BBOX 11/14 cup hdl 49.17 -1.21 48.45 56 346K 550K 46.65
BER 11/13 cup hdl 39.68 +0.53 38.4 45 266K 306K 37.65
BOBJ 11/25 BO 18.33 -1.26 20.18 24.94 1.4M 1.8M 18.77
BOH 10/26 cup hdl 30.36 +0.16 29.94 36 188K 427K 29.25
BRCM 08/17 Test 50 18.15 -1.28 19.2 19.8 9.2M 9M 17.25
BRL 10/29 Put 66.3 0 57.35 54 391K 750K 59
CDWC 10/31 cup hdl 49.88 -0.78 53.81 62 1.2M 2.8M 51.74
CLE 10/26 Test BO 25.5 -0.5 25.05 30 336K 505K 24
CLE 09/07 DB hdl 25.5 -0.5 22.41 25.94 336K 365K 24.05
COLM 11/13 DB hdl 44.71 -0.14 41.96 48.45 183K 389K 41.94
CREE 11/07 Test BO 21.22 -2.96 19.15 24.45 4.9M 3.9M 21.15
CVD 11/05 Test BO 21.79 -0.33 23.65 28 257K 581K 22.25
DMRC 11/30 cup hdl 15.65 -0.07 17.01 20.45 64K 100K 15.65
EAT 12/03 Put 28.33 -1.22 28.65 26 1.4M 1M 30.05
ELAB 10/14 BO 22.71 -0.84 23.05 27.65 130K 225K 22.55
ESPD 10/16 cup hdl 15.8 -0.38 12.75 15.3 411K 265K 13.96
EXBD 11/11 cup hdl 32.31 -0.22 34.65 40 137K 528K 32.22
FFIV 11/23 cup hdl 12.91 -1.45 14.54 17.97 757K 750K 13.45
FRGO 11/30 Test BO 12.89 +0.36 12.49 15 528K 270K 11.62
GILD 11/06 BO 36.88 -1.31 38.38 46 2.4M 5.8M 36.65
GRMN 11/06 cup hdl 24.65 -0.85 22.34 26 990K 198K 22.82
HAR 11/21 Test 18 60.46 -0.44 61.6 70 514K 488K 59.85
HD 09/16 Test 50 26 -0.41 34.55 38 13M 10M 32.13
HYSL 11/06 Test BO 27.35 -1.77 28.11 33.75 559K 636K 27.15
IBM 11/11 Test 50 85.21 -2.09 78.45 88 7M 12M 82.24
ICST 11/30 cup hdl 21.75 -1.04 25.05 29.94 1M 3M 23.3
IMN 11/22 A Wedge 39.51 +0.13 42.41 48 495K 700K 39.44
IMN 11/12 Test BO 39.51 +0.13 41.78 48 495K 700K 39.85
ISIL 11/02 Test 50 18.95 -0.3 18 22 3.5M 3.5M 16.85
ISSX 11/30 Test BO 24.11 -0.23 25.05 31 1.3M 2.5M 23.3
ISSX 11/04 BO 24.11 -0.23 22.15 26.5 1.3M 3M 22.35
JOSB 11/13 Test BO 24.93 -0.12 25.51 30.45 72K 250K 23.35
KLAC 11/05 Test BO 42.28 -2.46 37.86 45 16M 20M 39.88
KLAC 10/19 BO 42.28 -2.46 33.05 45 16M 1.9M 39.88
LBIX 10/14 cup hdl 3.05 +0.03 3.22 4.35 67K 145K 3.32
LGTO 11/04 BO 5.31 -0.15 4.65 7.25 1.2M 1.2M 5.05
LUK 11/16 cup hdl 39.4 -0.4 38.51 44.45 30K 125K 37.97
MBT 11/30 cup hdl 38.07 -2.02 40.06 47.96 218K 225K 37.26
MSFT 11/13 Test BO 56.71 -0.98 56.15 62.55 29M 50M 55.74
MSFT 10/16 Test BO 56.71 -0.98 52.35 59 29M 50M 55.74
MSN 11/23 cup hdl 4.51 +0.08 4.15 5.68 82K 150K 3.48
MTB 11/18 Put 80.42 -1.58 78.45 74.22 215K 500K 81.45
MXIM 11/09 Test BO 41.02 -1.79 34.25 45 9.3M 12M 39.94
NBIX 10/08 Rv H&S 45.27 -0.88 44.85 51.75 321K 1.1M 44.94
NWRE 11/09 BO 17.88 +0.38 19 22.55 1.2M 900K 17.78
PCLE 10/17 BO 13.96 -0.61 11.51 13.82 725K 800K 12.94
PECS 11/23 cup hdl 31.32 -2.03 36.32 43.65 856K 650K 33.78
PIXR 11/20 BO 58.18 -0.36 57.85 66 500K 775K 55.35
POSS 11/18 Test BO 15.15 -0.62 15.01 18.45 79K 127K 14.65
PPDI 10/19 Test BO 29.89 +0.19 30 35 965K 1.4M 28.35
PVSW 11/23 Cup 4.2 +0.06 4.27 5.35 22K 125K 3.97
QCOM 11/07 Test BO 40.81 -1.88 34.78 42 13M 18M 38.14
QLGC 11/30 A Wedge 41.79 -1.43 45.04 51.45 12M 20M 41.89
QLGC 11/07 Test BO 41.79 -1.43 41.4 50 12M 25M 39.88
RINO 10/24 Test BO 17.91 -1.17 17.35 20.75 581K 225K 16.95
RINO 08/28 cup hdl 17.91 -1.17 13.8 20 581K 300K 16.95
RMHT 11/26 Test BO 11.31 -0.19 12.45 15.55 32K 98K 11.35
ROOM 11/07 Cup 74.22 -0.73 65.25 75 702K 1.2M 67.25
RYAAY 11/18 Test BO 43.1 -0.86 43.55 50.35 336K 425K 43.94
SFAM 11/02 BO 6.19 -0.36 6.09 9 140K 400K 5.88
SJM 12/02 Test BO 38.42 -0.97 40.15 48 246K 476K 37.65
SNDK 10/30 cup hdl 26.25 -1.13 21.76 28 3.1M 3M 24.45
SRNA 11/30 cup hdl 18.83 -0.16 19.85 24.55 332K 710K 18.46
STI 11/18 Put 57.55 -0.83 59.49 56 998K 1.5M 60.85
SYMC 11/30 Test 18 43.64 -0.46 44.51 52 2.8M 4.5M 41.98
SYMC 10/21 Cup 43.64 -0.46 39.35 48 2.8M 5.5M 42.75
TMCS 11/26 Test BO 24.27 -1.88 26.45 31.75 443K 1.2M 24.61
TSCO 10/16 Test BO 44.53 +0.96 39.05 46.85 498K 235K 42.05
UNTD 11/30 Test BO 14.26 -1.34 16.25 19.65 911K 1M 15.11
UTHR 11/12 DB hdl 17.08 +0.03 17.65 21.45 56K 295K 16.21
VIP 11/09 Test BO 34.91 -1.24 30.06 35 569K 285K 32.55
VSEA 11/16 Rv H&S 31.3 -0.17 28.03 33 1.2M 1.4M 27.94
VZ 11/23 cup hdl 40.33 -1.02 41 45 6.4M 11M 39.35
VZ 10/10 Test 50 40.33 -1.02 34.75 42 6.4M 10M 39.35
WEDC 10/19 BO 9.14 -0.4 9.45 12 61K 142K 9.35
WFR 11/14 cup hdl 9.15 -0.32 8.45 11 195K 325K 8.12
YELL 12/02 Cup 28.88 -0.81 30.45 36 212K 1M 28.15
YHOO 11/30 Test BO 17.36 -0.68 18.91 22.75 7.6M 20M 17.59
YHOO 11/04 BO 17.36 -0.68 17.08 20.55 7.6M 20M 17.78
ZBRA 11/20 BO 64.77 -0.65 66.35 74.75 158K 475K 62
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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