|
|
us stock market, stock recommendation
Begin part 2 of 2
Continuing plays ready:
Play Date: 07/14/2003
FFIV (F5 Networks--$18.26; +0.62; optionable): Internet software
http://biz.yahoo.com/p/f/ffiv.html
STATUS: Flat. Up to the top of the range, but volume is backing off as it makes the move. Usually that indicates it will make another run down in the pattern, but we have the luxury of just waiting for it to breakout of the base before we move in. Strong money flow and accumulation remain in the 7 week base and relative strength is starting to breakout once again.
Volume: 392.396K Avg Volume: 529K
BUY POINT: $18.96 Volume=800K Target=$23 Stop=$17.55
POSITION: FLK JW - Oct. $17.50c (60 delta) &/or Stock
http://www.investmenthouse.com/ci/ffiv.html
Play Date: 07/16/2003
XMSR (XM Satellite Radio--$13.9; +0.63; optionable): Satellite radio
http://biz.yahoo.com/p/x/xmsr.html
STATUS: Cup w/handle. Still moving up toward the breakout from the long 19 month base, XMSR surged Monday on a big volume jump, coming close to the breakout on the intraday high (14.15). Excellent money flow and relative strength is heading for a breakot to support the move.
Volume: 7.867M Avg Volume: 6.476M
BUY POINT: $14.25 Volume=11M Target=$17.25 Stop=$13.12
POSITION: QSY JC - Oct. $15c (47 delta) &/or Stock
http://www.investmenthouse.com/ci/xmsr.html
CONTINUING PLAY LIST:
LEGEND
DATE: date play first appeared on report.
PLAY: Denotes the type of pattern or play.
Upside play types: A Wedge=Ascending triangle/wedge; 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; DWedge=Descending triangle/wedge; 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.
Still look good: CELL; COHU; CRAY; CHINA; LLTC; LM; MERX
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ACS 07/19 Put 45.66 +2.13 42.4 39.48 2.6M 2M 44.68
Current. UP to the 50 day MVA on some rising volume in a big turn from the downtrend. Announces earnings before the open so we anticipate it will drop back down.
AEIS 07/22 Rv H&S 20.43 +0.73 19.36 24 804K 550K 17.96
Buy Not Issued.
AMEV 07/26 A Wedge 5.7 +0.8 5.75 6.88 847K 200K 5.35
Current.
AMEV 06/07 Test BO 5.7 +0.8 4.75 6 847K 102K 4.44
Current.
ASPM 06/30 FlyPlat 8.94 +0.54 8.65 10.42 54K 115K 7.88
Buy Not Issued.
ATSI 06/19 Cup hdl 4.3 -0.1 3.95 4.75 97K 225K 3.98
Current.
ATYT 06/23 Cup hdl 11.99 +0.77 9.7 11.88 4.1M 2.4M 10.44
Target Hit. Blasted higher on volume on a new breakout. Took half
the gain, letting the other half run.
BEBE 07/01 Test BO 22.46 +0.45 20.9 24.95 172K 321K 21.24
Current. Still working laterally over the 18 day MVA, but getting some volume.
BIO 07/19 Flat 55.55 -6.55 62.55 74.45 714K 288K 59.25
Buy Not Issued. Not doing it as missed its earnings.
CCMP 07/07 Cup hdl 61.85 +3.12 60.25 70 1.1M 1.3M 56.03
Buy Not Issued. Nice but could have used more volume. Looking at a test of the breakout given the strong move the past two sessions. Then we enter.
CELL 07/21 Cup hdl 20.01 +1.02 19.25 23.25 648K 225K 17.82
Current.
CHINA 06/21 Test BO 12.68 +0.11 7.95 9.55 14M 2.8M 11.78
Current. The 18 day MVA is rising to meet it on this lower volume.
CHMD 06/10 FlyPlat 11.62 +0.12 10.54 12.55 34K 155K 11.06
Current.
CHS 07/23 Test BO 25.85 +1.12 25.65 30.75 995K 2.2M 24
Buy Not Issued. Gapped up on better volume but it needs more.
COHU 07/24 Rv H&S 18.51 +0.44 19.85 23.88 136K 155K 18.46
Buy Not Hit.
COLT 07/24 BO 5.64 +0.45 5.15 6.45 186K 200K 4.79
Buy Not Issued. No test, just blasted higher and caught us flat footed. Good enough to enter, but we were taking pictures of it instead of buying it.
CRAY 07/22 Test BO 9.08 -0.13 9.78 11.75 504K 1.4M 9.11
Buy Not Hit.
CSTL 07/09 Cup hdl 4.08 0 4.2 5.2 35K 200K 3.94
DKS 03/18 DB hdl 39.75 +1.55 23.81 28.42 385K 225K 35.94
Current. Nice gap higher.
DKS 02/19 DB hdl 39.75 +1.55 22.75 27.35 385K 225K 35.94
Current.
DSCM 07/10 Test BO 5.5 -0.2 6.36 8.12 564K 425K 5.91
Buy Not Hit.
DVA 05/17 Cup hdl 28.76 +0.35 25.11 30 378K 573K 27.55
Current. Gapped higher off the 10 day MVA but no real volume.
EMBT 07/26 Cup hdl 8.11 -0.07 8.75 10.48 204K 400K 8.14
Buy Not Issued. Tried the move but came all the way back.
EXLT 06/16 Flat 9.51 +0.1 9 11 674K 1.1M 9.25
Current. Tried to make the move over the 10 day MVA, but gave it back. One more chance.
FFIV 07/14 A Wedge 18.26 +0.62 18.96 23 392K 800K 17.55
Buy Not Hit.
FLSH 05/22 Test BO 13.95 +0.03 10.55 12.75 193K 195K 13.02
Current.
FLSH 05/12 Rv H&S 13.95 +0.03 9.2 10.96 193K 195K 13.02
Current.
FSII 07/12 Cup hdl 4.9 +0.23 4.9 6.25 211K 333K 4.45
Current. Nice move, getting some volume behind it as it does.
GERN 06/16 Test BO 8.17 +0.2 7.55 9.95 506K 2.5M 7.85
Current. Doji at the 10 day MVA. Maybe it is ready.
GGNS 07/14 BO 3.57 +0.05 3.7 4.72 165K 250K 3.22
Current.
GPRO 06/17 A Wedge 53.87 -0.12 41.75 48 436K 766K 49.94
Current.
GPRO 04/05 Dbl btm 53.87 -0.12 26.5 30.75 436K 521K 49.94
Current.
HPOL 07/08 Test BO 7.85 +0.6 7.22 8.95 609K 541K 6.68
Current.
HPOL 06/14 Test BO 7.85 +0.6 6.7 8.38 609K 541K 6.68
Current.
HPOL 06/04 Cup hdl 7.85 +0.6 5.85 6.95 609K 541K 6.68
Current.
IDT 07/12 Cup hdl 18.07 +0.04 18.35 21.95 81K 200K 17.88
Buy Not Issued.
IMA 07/28 A Wedge 20.53 +0.44 21.42 25.72 218K 115K 19.92
New.
INB 06/24 Cup hdl 8.81 -0.24 6.15 7.88 13K 80K 8.38
Current. Still a very flat lateral move at the 10 day MVA.
INTU 06/26 Put 42.39 +0.02 43.95 39.35 1.3M 6M 42
KFY 06/28 Cup hdl 9.5 +0.13 9.05 10.95 131K 130K 9.05
Current.
KLAC 07/19 Cup hdl 53.25 +0.81 52.25 60 8.4M 14M 49.85
Current.
LLTC 07/23 Rv H&S 36.6 +0.39 37.35 44.85 3.9M 9M 34.74
Buy Not Hit.
LM 05/06 Cup hdl 70.54 +0.32 58.5 67.78 551K 610K 67.65
Current. Very tight lateral move.
MDCC 07/21 Cup hdl 18.72 -0.28 18.35 22.35 42K 275K 17.94
Current. Gapped higher but gave it all back. Volume was lower so not too bent up over this action.
MDP 07/16 Cup hdl 46.13 -0.27 47.12 56.55 177K 340K 45
Buy Not Hit.
MER 04/28 Cup hdl 53.95 -0.21 43.32 49.55 3.8M 7.5M 51.38
Current.
MERX 07/15 Cup hdl 9.48 +0.1 10.26 12.45 38K 248K 9.54
Buy Not Hit.
MKSI 07/21 Cup hdl 23.74 +0.63 22.25 27.95 263K 488K 20.96
Current.
MKSI 07/14 Cup hdl 23.74 +0.63 22.8 27.95 263K 488K 21.12
Current.
MRGE 07/19 Test BO 14.83 +0.33 16.35 19.65 82K 239K 14
MRGE 04/24 Rv H&S 14.83 +0.33 8.06 10.45 82K 65K 14.38
Current. Trying to fight its way back up but a test of 15 may be all that is in it. If it stalls there we close the remaining positions.
MXO 07/22 Test BO 10.2 +0.43 10.18 12.25 3.2M 4.6M 9.47
Current.
NTN 07/26 FlyPlat 2.5 +0.3 2.44 3.32 874K 200K 2.18
Current. Super volume breakout.
ONNN 06/21 Test BO 3.51 +0.03 3 3.75 385K 900K 3.18
Current.
ONXX 07/19 Test 18 15.04 -0.13 15.48 18.55 709K 495K 14.28
Current.
OPSW 07/15 Test BO 5.35 +0.03 5.95 7.25 199K 850K 5.53
Buy Not Hit.
PHMD 07/17 Test BO 2.75 +0.16 2.9 3.75 397K 150K 2.68
Current. Held the 18 day MVA and bounced on lower though still above average volume.
PIXR 07/05 Cup hdl 66.4 -0.74 62.8 71.75 498K 1.2M 65.94
Current. Very flat lateral move.
PPE 07/12 Test BO 9.07 -0.01 9.28 12 630K 1.6M 8.82
Buy Not Hit.
PWAV 07/15 Test BO 7.49 +0.06 8.12 9.75 1.4M 2.1M 7.45
Buy Not Hit.
QDEL 07/02 A Wedge 6.95 +0.21 6.8 8.12 58K 125K 6.32
Current. Nice save, up off the 18 day MVA.
RINO 06/28 Put 11.61 -0.03 12.12 10 125K 375K 12.05
Current. Stalling out at the 18 day MVA yet again.
SINA 06/26 Test 18 36.28 +1.9 17.71 21.25 10M 4M 29.45
Current.
SOHU 06/21 Test 50 39.73 +0.02 28.5 35 2.6M 2.5M 32.48
Current.
STST 07/07 Test BO 17.67 -0.32 15.29 18.12 48K 103K 16.58
Current. Still working laterally over the 10 day MVA.
SWIR 07/07 Test BO 9.52 +0.62 7.38 8.96 801K 355K 7.62
Current.
TMWD 06/11 Test BO 2.81 -0.09 2.32 3.25 91K 140K 2.78
Current. Struggling at the 18 day MVA still. Needs to show us something soon or we close it.
TPTH 06/18 A Wedge 7.31 +0.05 7.4 8.95 61K 352K 6.98
Current.
TSCM 07/17 Rv H&S 5.3 +0.15 5.82 7.55 96K 210K 5.38
Buy Not Hit.
TSCO 06/03 Rv H&S 55.68 +0.31 46.85 55.25 152K 603K 50.45
Current.
TSCO 04/24 Cup hdl 55.68 +0.31 43.75 52 152K 603K 50.45
Current.
TYL 07/26 Cup hdl 5.35 +0.18 5.38 6.75 329K 240K 4.98
Buy Not Issued. Traded off high & we did not enter, but may live to
regret not entering. On a further move over 5.40 on
volume it is golden.
VRTS 08/19 CCall 30.75 -0.01 19.76 20 6.6M 8.5M 28
Current. Issued $500M in convertibles, announced after hours. May take a bit of a hit Tuesday. Used the cover of good earnings last week to try and slip it in this week. They usually fall some then rebound.
VSEA 07/12 Test BO 35.15 +1.77 34.5 40.95 836K 1.4M 32.08
Current. Good move up off the doji at the 18 day MVA.
VVTV 07/19 Cup hdl 16.1 -0.06 16.38 19.75 271K 250K 15.23
Buy Not Issued. Gapped up but then traded back all session. Still solid.
WWCA 07/23 BO 14.6 +0.02 14.48 17.45 1.2M 824K 13.47
Current.
WWCA 05/22 BO 14.6 +0.02 11.42 13.85 1.2M 824K 13.35
Current.
XICO 07/02 A Wedge 8.39 +0.06 7.25 8.65 104K 172K 7.45
Current.
XMSR 07/16 Cup hdl 13.9 +0.63 14.25 17.25 7.9M 11M 13.12
Buy Not Hit.
XOMA 07/28 Rv H&S 6.95 +0.55 7.15 8.68 2.4M 1.5M 6.65
New.
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.
|
us stock market
stock recommendation
|
