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stock recommendation, stock option
Begin part 2 of 2
THE PLAYS
Good movers Thursday: ANT; TTEC
NEW PLAYS:
Upside:
Play Date: 11/20/2003
EQIX (Equinix--$22.25; +0.1; no options): Internet service providers
http://biz.yahoo.com/p/e/eqix.html
STATUS: Cup w/handle. EQIX jumped higher to start the week, rallying on strong trade. It has spent the past two sessions moving laterally on lower trade, the point where it shakes out those that bought back in September at the high and want to get out even. After they are gone the demand is ahead of supply and the breakout. Strong money flow and a relative strength breakout to boot.
Volume: 483.309K Avg Volume: 91.954K
BUY POINT: $23.12 Volume=200K Target=$27.75 Stop=$20.79
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ct/eqix.html
Downside:
Play Date: 11/20/2003
^SOXX (Philly Semiconductor Index--$64.45; -10.65; optionable)
http://biz.yahoo.com/p/^/^soxx.html
STATUS: Put. SOX has been struggling to hold onto the 18 day MVA (503.29) this week, but has been stalling at the 10 day MVA (506.87) each session as well, creeping lower on the highs. Thursday it closed a bit lower. As described in the market summary, it is leaning toward a quick drop toward the 50 day MVA (478). If we see it start to fade we will move in quickly and be ready to get out if it hits that level and starts to rebound.
Volume: 299.213K Avg Volume: 336.863K
BUY POINT: $494.97 Target=$476 Stop=$503.35
POSITION: SXX MS - Jan. $495p (-48 delta)
http://www.investmenthouse.com/ct/^soxx.html
WATCHLIST/ CONTINUING:
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.
Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
^OEX 11/06 A Wedge 511.79 -5.03 523.15 545 294K 650K 518.55
Current.
ADVP 10/25 A Wedge 52.37 -2 49.59 59.38 3.8M 3.1M 52.02
Current.
AMXC 11/05 Cup hdl 6.1 -0.11 6.27 8.12 47K 151K 6.04
Current.
ANT 11/10 A Wedge 36.8 +0.85 35.58 42.45 474K 561K 34.08
Current.
ASF 11/17 Test BO 14.48 +0.14 14.52 17.85 260K 400K 13.72
Buy Not Issued.
BRCM 10/04 Cup hdl 33.51 -1.11 29.91 35.88 10M 20M 35.15
Current.
CAI 11/09 Test BO 49.43 +0.11 50.88 51 246K 581K 49.08
Buy Not Issued.
CASY 11/06 Rv H&S 16.68 +0.08 16.37 20.12 197K 200K 15.72
Current.
CKSW 10/25 Test BO 4.32 +0.03 3.61 4.58 297K 300K 3.57
Current.
CPHD 11/05 A Wedge 6.62 -0.05 6.15 7.52 266K 338K 6.27
Current.
EGHT 10/30 Cup 3.59 -0.11 2.15 2.91 690K 823K 3.06
Current.
EMBT 10/06 Flat 14.74 -0.11 11.24 13.38 161K 350K 14.48
Current.
EMBT 07/26 Cup hdl 14.74 -0.11 9.33 11.12 161K 400K 14.48
Current.
EVCI 10/20 Cup hdl 5.48 -0.03 3.4 4.38 139K 125K 4.55
Current.
FALC 10/30 Cup hdl 8.05 -0.03 8.04 9.65 86K 230K 8.02
Current.
GBN 10/22 Cup 2.23 -0.02 1.86 2.42 439K 300K 2.02
Current.
GISX 10/25 Cup hdl 28.46 -0.29 27.88 33.32 79K 302K 28.32
Current.
IDTI 10/29 Rv H&S 17.28 -0.6 16.45 19.75 2.9M 3.3M 17.12
Current.
KEYN 11/17 Flat 12.07 +0.07 12.52 15 66K 200K 11.65
Current.
KLIC 11/17 Test BO 16.06 -0.58 17.22 21.12 1.6M 2.2M 15.98
Buy Not Hit.
KVHI 11/15 DB hdl 28.98 +0.45 32.02 38.45 287K 536K 30.35
Buy Not Hit.
LTXX 11/11 DB hdl 15.04 -0.26 16.68 19.85 487K 1.2M 15.51
Current.
MANU 10/11 Test BO 6.38 -0.17 6.77 8.15 601K 1.4M 6.44
Current.
MCLD 11/12 DB hdl 1.47 -0.04 1.78 2.32 584K 3M 1.57
Buy Not Hit.
NEOF 11/03 A Wedge 15.85 -0.16 16.58 19.95 12K 151K 15.42
Buy Not Hit.
NMGC 11/11 Cup 3.18 +0.04 2.91 3.78 432K 303K 2.68
Current.
NVLS 11/19 Test BO 41.82 -0.91 43.38 51 7.1M 10M 41.88
Buy Not Issued.
PLXS 11/03 DB hdl 17.34 -0.61 19.06 22.75 350K 528K 18.23
Current.
PTSX 11/15 A Wedge 4.87 +0.06 5.22 6.55 12K 144K 4.85
Buy Not Hit.
QADI 11/12 Flat 13.56 +0.37 13.54 16.22 142K 298K 12.44
Current.
RBK 09/24 DB hdl 38 -0.6 34.46 41.35 1.2M 1.1M 39.05
SCKT 11/03 Cup hdl 3.83 +0.05 3.61 4.55 397K 526K 3.72
Current.
SOHU 10/24 Dbl btm 31.4 +1.17 37.69 45 5M 9M 34.85
Current.
SQNM 11/18 Cup hdl 3.56 -0.14 3.88 4.95 230K 561K 3.58
Buy Not Hit.
TARO 10/08 Cup hdl 66 +0.15 61.51 73 123K 501K 64.88
Current.
TEO 10/27 Cup hdl 7.77 -0.17 7.26 9 151K 511K 7.76
Current.
TLAB 11/10 DB hdl 7.9 -0.33 8.27 9.88 3.7M 6M 7.86
Current.
TMWD 11/19 BO 7.8 -0.35 8.15 8.78 648K 900K 7.41
Current.
TQNT 11/19 Test 18 7.77 -0.02 8.04 9.75 2.4M 3M 7.68
Buy Not Issued.
TRFX 11/19 Test BO 4.9 -0.1 5.14 6.48 46K 135K 4.76
Buy Not Issued.
TTEC 11/19 Test BO 10.14 +0.3 10.25 12.27 1.2M 660K 9.32
Current.
VSH 11/12 Flat 19.53 -0.02 20.33 24.38 1.2M 3.2M 19.22
Buy Not Issued.
ZILA 11/15 Cup hdl 3.98 -0.01 4.19 5.35 62K 185K 3.87
Buy Not Hit.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ARDI 11/10 Put 12.25 -0.04 12.12 10.06 450K 1M 12.98
Buy Not Issued.
ASCA 11/01 Put 21.1 +0.08 20.27 18.85 143K 185K 21.25
Current.
ASKJ 11/10 Put 17.83 -0.17 18.22 16 2.9M 2.5M 19.55
MERQ 11/18 Put 44.05 -0.41 45.21 42.05 4M 3.5M 46.05
PFGC 11/15 Put 38.4 -0.45 38.58 36.05 340K 450K 39.12
Buy Not Issued.
SFNT 11/11 Put 32.49 -0.05 34.05 30.55 171K 461K 35.12
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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