|
|
stock watch, stock recommendation
Begin part 2 of 2
THE PLAYS:
Wednesday good movers: AMEV; ARTG; FFIV; FLSH; HBIO; FLSH; PFG; SNWL; TUES; XOMA
New Plays:
Upside:
Play Date: 08/20/2003
CDIC (Cardiodynamics--$4.2; +0.15; no options): Medical appliances
http://biz.yahoo.com/p/c/cdic.html
STATUS: Cup w/handle breakout. CDIC is making the break from an 8.5 month base showing outstanding 12 to 3 accumulation (12 up price weeks on rising volume to 3 down price weeks on rising volume). Money flow is as strong as the accumulation. CDIC just came off of a 50 day MVA test (3.65) rallying on strong volume all the way up. It has run a bit but we are looking to take positions on a continued move and then look for a test of the breakout to complete the position. Very nice pattern with excellent credentials.
Volume: 454.341K Avg Volume: 180.59K
BUY POINT: $4.26 Volume=271K Target=$5.35 Stop=$3.89
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/cdic.html
Play Date: 08/20/2003
HYC (Hypercom--$4.98; -0.02; no options): Business equipment
http://biz.yahoo.com/p/h/hyc.html
STATUS: Flat base. Small businesses are doing better we hear from those catering to them. HYC is moving through a 4.5 month bast bouncing between 4 and 5. It is forming something of a handle the past three sessions, stalling out right at the top of the range at 5 and working laterally. Accumulation in the short base is an excellent 6 to 2. Money flow is strong, matching the solid accumulation. Very nice base has formed after rallying off the October low.
Volume: 196.1K Avg Volume: 150.318K
BUY POINT: $5.21 Volume=225K Target=$6.55 Stop=$4.72
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/hyc.html
Play Date: 08/20/2003
LF (Leapfrog Enterprises--$34.01; +2.4; optionable): Learning games
http://biz.yahoo.com/p/l/lf.html
STATUS: Cup w/handle. If you have kids you know of Leapfrog. Kids love them and they are very nice teaching aides. LF is rallying hard on strong volume toward the breakout from an 8.5 month base. This is its first real base since coming public in July 2002. Accumulaiton is an excellent 12 to 6 and money flow is screaming higher. It is making a lot of money and the stock is about to make a breakout to make the next stage in the stocks' life.
Volume: 1.573M Avg Volume: 565.045K
BUY POINT: $34.88 Volume=845K Target=$42 Stop=$31.96
POSITION: LF LG - Dec. $35c (53 delta) &/or Stock
http://www.investmenthouse.com/ci/lf.html
Play Date: 08/20/2003
QRSI (QRS Corp.--$8.14; +0.84; no options): Information delivery software
http://biz.yahoo.com/p/q/qrsi.html
STATUS: Cup w/handle breakout. QRSI is exploding out of a 7.5 month base, blasting off the 18 day MVA (7.03) on excellent volume. Accumulation in the base is excellent at 9 to 4. Money flow is huge and relative strength is breaking out. A strong move and we are looking to get on board as it continues its breakout run.
Volume: 451.52K Avg Volume: 122.681K
BUY POINT: $8.25 Volume=184K Target=$10.32 Stop=$7.48
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/qrsi.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: EMBT; MWD; HBIO; CASY; FINL; MIPS; MRBA; MYL ZMH
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AMEV 07/26 A Wedge 6.77 +0.13 5.75 6.88 36K 200K 5.89
Current. Moved up on higher volume. Continue to let the stock run.
AMEV 06/07 Test BO 6.77 +0.13 4.75 6 36K 102K 5.89
Current.
AMSC 08/19 Test BO 11.19 -0.58 12.06 14.48 772K 900K 10.98
Buy Not Hit. Pull back on lower volume.
AMT 08/16 Cup hdl 10.7 0 10.64 12.77 1.2M 2.8M 9.85
Current. Gapped down at the open but fought back to close flat on lower volume.
ANAD 08/16 Cup hdl 4.32 -0.05 4.27 5.32 392K 625K 3.88
Current. Doji slightly down on lower volume. Wide swings up and down intraday.
ANSR 08/11 Cup hdl 3.13 +0.06 3.43 4.22 101K 350K 3.19
Current. Doji slightly up on lower volume. Broke through the 18 day MVA and touched 10 day MVA intraday. Still in good shape.
ARTG 08/12 Test 50 2.32 +0.16 2.26 2.72 1.2M 1M 2.05
Current. Excellent move on strong volume.
ASPT 08/09 Test BO 8.12 +0.12 8.06 10.12 791K 791K 7.38
Current. Moved up on lower volume.
AVNX 08/14 Flat 4.71 -0.15 4.68 5.92 871K 2M 4.26
Current. Moved down on lower volume.
BDY 07/16 Test BO 24.86 -0.64 19.58 23.25 135K 376K 22.02
Current. Opened higher but closed down on lower volume.
BEBE 07/01 Test BO 21.92 -0.08 20.9 24.95 51K 321K 21.62
Current. Doji on the 10 day MVA on lower volume. Fell below the 18 day MVA intraday.
BHE 08/12 FlyPlat 42.8 +0.09 42.95 49 248K 550K 39.94
Current. Doji slightly up on lower volume. Touched the 10 day MVA intraday.
BMRN 08/07 Put 8.18 +0.18 8.98 6.95 1.5M 1.3M 9.75
Buy Not Hit. Moved up on higher volume. Needs to rally up on lower volume to be a viable play.
CASY 08/19 DB hdl 15.14 -0.18 15.57 18.75 232K 218K 14.89
Buy Not Hit. Opened down on the 18 day MVA and closed just above the 10 day MVA in negative territory on lower volume. Touched yesterday's closing price intraday.
CB 08/09 Cup hdl 67.97 +0.69 66.06 75.97 1.1M 2.7M 63.04
Buy Not Issued. Moved up on lower volume. Did not enter the play because the volume is not there.
CCMP 08/13 Cup hdl 66.54 +0.59 65.5 74.88 844K 1.2M 62
Current. Moved up on higher volume. Touched 68 intraday. Letting the stock work for us.
CELL 07/21 Cup hdl 31.44 -1.11 19.25 23.25 389K 225K 24.94
Current. Moved down on lower volume.
CHS 07/23 Test BO 28.3 +0.01 27.05 31.25 796K 2.2M 26.56
Current. Move up on higher volume. Touched the 10 day MVA intraday.
COLT 07/24 BO 6.09 -0.21 5.3 6.68 52K 200K 5.52
Current. Pull back on lower volume. Touched the 10 day MVA intraday.
CRAY 07/22 Test BO 12.67 -0.05 9.73 11.75 1.8M 1.4M 11.04
Current. Doji slightly down on higher volume. Touched 13.25 intraday.
CSC 08/04 DB hdl 42.9 +0.41 43.42 48.45 1.2M 2.4M 40.92
Current. Moved up on lower volume.
DCEL 08/05 Flat 6.75 -0.22 7.22 8.68 1.4M 726K 6.61
Exited.
DKS 03/18 DB hdl 40.5 -0.58 23.81 28.42 353K 225K 35.94
Current. Pull back on lower volume. Touched 41.78 intraday.
DKS 02/19 DB hdl 40.5 -0.58 22.75 27.35 353K 225K 35.94
Current. Moved up on lower volume.
DRIV 08/06 Test 50 24.79 +0.51 24.18 27.48 818K 1.7M 22.08
Current. Continued the move up but on lower volume.
EMBT 07/26 Cup hdl 8.4 -0.09 8.75 10.48 131K 400K 8.14
Buy Not Hit. Moved slightly down on higher volume.
ERICY 08/11 Test 18 15.15 -0.37 14.82 17.74 2.5M 5M 13.82
Current. Gapped down at the open to close higher but still in negative territory on lower volume.
FARO 08/16 Test 50 10.22 -0.19 10.35 12.12 74K 220K 9.45
Current. Doji slightly down on lower volume. Touched the 10 day MVA intraday.
FFIV 08/18 Flat 19.5 +0.7 19.58 23.48 662K 745K 18.15
Current. Entered the play on the volume surge.
FINL 08/16 Test BO 25.98 -0.12 26.25 31.54 136K 625K 24.38
Buy Not Issued. Pulled back on lower volume.
FLSH 05/22 Test BO 17.09 +0.57 10.55 12.75 532K 195K 14.92
Current. Gapped up on higher volume. Wide swing up and down intraday.
FLSH 05/12 Rv H&S 17.09 +0.57 9.2 10.96 532K 195K 14.92
Current.
GPRO 06/17 A Wedge 62.9 -0.14 41.75 48 173K 766K 54.98
Current. c
GPRO 04/05 Dbl btm 62.9 -0.14 26.5 30.75 173K 521K 54.98
Current.
HBIO 08/14 Test BO 5.23 +0.21 5.1 6.54 39K 153K 4.74
Current. Good move up on higher volume.
IMA 07/28 A Wedge 20.2 +0.08 21.42 25.72 56K 115K 20.38
Buy Not Hit. Moved up on lower volume. Stock needs to break through the 10 day MVA on stronger volume before we will enter the play.
IMAN 07/16 Cup hdl 6.3 +0.02 5.52 7 512K 244K 5.48
Current. Moved up on lower volume.
INTC 07/31 FlyPlat 26.36 -0.11 25.88 30.95 47M 75M 24.55
Current. Closed higher than the opening, but still in negative territory on lower volume.
JNPR 08/20 Flat 15.39 +0.68 15.45 18.68 20M 15M 14.18
Current. Entered the play. Great move on strong volume.
LAVA 08/07 DB hdl 21.5 0 21.85 26.25 373K 1.2M 20.32
Current. Gapped down at the open to close flat. Touched the 10 day MVA intraday.
LFG 08/13 H&S 46.63 +0.23 45.48 42 180K 200K 46.74
Buy Not Issued. Moved up on higher volume. Touched the 10 day MVA intraday. Stock needs to tank on higher volume, before it will be a viable play.
LLTC 07/23 Rv H&S 39.35 -0.03 37.35 44.85 4.7M 9M 36.22
Current. Opened down to close higher but still in negative territory on lower volume. Wide swing up and down intraday.
LM 05/06 Cup hdl 70.7 +0.01 58.5 67.78 206K 610K 68.88
Current. Doji slightly down on lower volume. Touched the 18 day MVA intraday.
MERX 07/15 Cup hdl 11.91 -0.09 10.52 12.75 29K 248K 10.52
Current. Doji slightly down on lower volume.
MIPS 08/13 Cup hdl 3.62 +0.13 3.69 4.65 160K 275K 3.28
Buy Not Hit. Moved up on higher volume. Touched the 10 day MVA intraday.
MKSI 07/21 Cup hdl 23.92 -0.08 22.25 27.95 316K 488K 21.68
Current. Gapped down at the open to close higher but still in negative territory on higher volume. Touched the 10 day MVA intraday.
MKSI 07/14 Cup hdl 23.92 -0.08 22.8 27.95 316K 488K 21.67
Current.
MMSI 08/05 Test BO 21.19 +0.12 20.44 24.33 118K 183K 20.04
Current. Gapped up at the open but closed slightly down on lower volume.
MRBA 08/14 Cup hdl 3.94 +0.14 3.85 4.85 160K 215K 3.54
Buy Not Issued. Moved up on higher volume. Did not like the way the stock looked intraday so did not enter the play. Touched the 10 day MVA intraday. Stock leaped up at the end of the day. Will watch and will possibly get the volume we need to enter the play.
MRVL 08/02 Cup hdl 38.39 -0.32 38.5 46 4M 4.9M 36.12
Current. Gapped down at the open to finish higher but still in negative territory on lower volume. Touched 39.70 intraday.
MWD 08/12 A Wedge 49.07 -0.57 49.54 55 2.7M 5.8M 47.28
Buy Not Issued. Pull back on lower volume.
MXIM 08/18 Rv H&S 42.4 +0.07 42.6 50 6.6M 9M 39.66
Current. Entered the play. Moved up on lower volume. Touched 43.13 intraday.
MYL 08/19 Rv H&S 35.95 +0.09 36.06 43 1.4M 1.5M 34.12
Buy Not Hit. Gapped down at the open to close higher on lower volume.
NENG 08/04 Test BO 5.72 +0.09 5.12 6.35 1.2M 232K 4.66
Current. Continues to move up but on lower volume.
ONNN 06/21 Test BO 3.72 +0.02 3 3.75 165K 900K 3.18
Current. Gapped down at the open to close positive on lower volume. Needs stronger volume to enter the play.
PFG 08/09 Put 31.91 -0.73 31.88 30 1.5M 1M 32.35
Current. Nice move down on strong volume.
PMTI 08/06 BO 6.43 +0.26 6.59 7.91 93K 200K 5.96
Buy Not Issued. Moved up on higher volume. Needs to have stronger volume to enter the play.
RIMM 07/31 Cup hdl 27.64 -0.2 27.52 31.25 612K 2.5M 25.55
Current. Pull back on lower volume.
SINA 08/18 Test 50 33.27 +1.79 32.2 38.25 11M 10M 30.75
Current. Entered the play. Gapped down at the open, surged through the 10 day MVA on strong volume.
SNIC 08/11 Test BO 11.78 -0.17 12.08 14.55 464K 900K 11.15
Buy Not Issued. Pulled back on higher volume. Broke through the 10 day MVA intraday.
SNWL 08/19 Test 50 5.94 +0.35 5.85 7.12 3.4M 800K 5.28
Current. Excellent move up on strong volume surge.
SRA 08/04 Cup hdl 15.48 -0.21 16.74 20.12 137K 247K 15.57
Buy Not Hit. Gapped down to doji between the simple 50 day MVA and the 18 day MVA on higher volume. Touched the simple 50 day MVA intraday.
TIWI 08/07 A Wedge 3.58 +0.03 4.06 5.65 100K 689K 3.75
Buy Not Hit. Bounced off the exponential 50 day MVA on higher volume, but still well below the average.
TKLC 08/02 Test BO 15.32 -0.67 15.96 18.95 466K 1M 14.74
Current. Moved down on higher volume. Still in good shape.
TSCO 06/03 Rv H&S 64.59 -0.01 46.85 55.25 808K 603K 54.94
Target Hit. Took the remaining option gain (245%) while letting
the stock run.
TSCO 04/24 Cup hdl 64.59 -0.01 43.75 52 808K 603K 54.94
Target Hit. Took the rest of the option gain for a 300% gain.
TSYS 08/14 Test BO 2.91 -0.07 3.15 4 95K 120K 2.93
Buy Not Issued. Gapped down at the open to close higher but still in negative territory on higher volume. Pushed through the 10 day MVA intraday.
TUES 08/06 Cup hdl 33.36 +1.96 30.68 36.78 774K 309K 28.53
Current. Excellent move on strong volume surge.
VRTS 08/19 CCall 33.32 +0.21 19.76 20 6.5M 8.5M 29.06
Current. Move up on lower volume. Letting the stock work for us.
VVTV 07/19 Cup hdl 16.84 -0.2 16.95 20.45 285K 250K 16.39
Current. Pulled back to rest on the 10 day MVA on higher volume. Broke through the 10 day MVA intraday.
XICO 07/02 A Wedge 9.73 +0.03 7.25 8.65 83K 172K 8.59
Current. Moved up on lower volume.
XOMA 07/28 Test BO 9.67 +0.52 8.35 10.24 2.1M 1.5M 7.85
Current. Excellent move on strong volume.
ZMH 08/09 Test BO 48.27 -0.32 50.62 59 3.7M 3M 47.88
Buy Not Hit. Pull back to just below the 18 day MVA on higher volume. Wide swings both up and down intraday.
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.
|
stock watch
stock recommendation
|
