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stock recommendation, stock option
Begin part 2 of 2
THE PLAYS
Good movers Tuesday: CPHD; EGHT; KVHI; CMLD; NKE; RBK; TMWD; TRFX
NEW PLAYS:
Upside:
Play Date: 11/25/2003
ATML (Atmel--$6.59; +0.11; optionable): Semiconductor memory chips
http://biz.yahoo.com/p/a/atml.html
STATUS: Test 18 day MVA. ATML broke out of a 9 month base in August and has ralled well since that time. After testing the 50 day MVA in late September, ATML has rallied up the 18 day MVA (6.16). The past three weeks it has moved laterall over the 18 day and below 6.75. It continues to show strong money flow and relative strength. It may take a few more sessions to to work through the test before it is ready, but when we see the strong volume move through the buy point it is ready.
Volume: 8.179M Avg Volume: 9.7M
BUY POINT: $6.78 Volume=11M Target=$8.48 Stop=$6.29
POSITION: AQT BA - Feb. $5c (89 delta) &/or Stock
http://www.investmenthouse.com/ct/atml.html
Play Date: 11/25/2003
FLDR (Flanders Corp.--$5.67; -0.07; no options): Environmental filters
http://biz.yahoo.com/p/f/fldr.html
STATUS: Double bottom w/handle. FLDR is starting to form a handle, a lateral move in a relatively tight range, to its 11 week base that is forming over the 50 day MVA (5.26). Accumulation in the base is a solid 4 to 2 (4 up weeks on rising volume to 2 down weeks on rising volume). Money flow is moving higher as price consolidates laterally. Monday volume shot higher as FLDR started to move toward a breakout. It stalled and ocntinued the handle. Solid pattern, and with these we just wait for it to finish its handle and then provide a breakout on strong trade.
Volume: 73.477K Avg Volume: 107.363K
BUY POINT: $6.05 Volume=150K Target=$7.85 Stop=$5.57
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ct/fldr.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 519.54 +0.23 523.15 545 348K 650K 518.55
Current.
ADVP 10/25 A Wedge 55.24 +0.15 49.59 59.38 714K 3.1M 52.21
Current.
AMXC 11/05 Cup hdl 6.02 -0.1 6.27 8.12 33K 151K 5.91
Current.
ANT 11/10 A Wedge 37.37 -0.63 35.58 42.45 169K 561K 34.85
Current.
AOT 11/24 Flat 23.13 -0.01 23.28 27.95 178K 405K 22.32
Buy Not Hit.
ASF 11/17 Test BO 14.94 +0.06 14.52 17.85 348K 400K 13.72
Buy Not Issued.
BRCM 10/04 Cup hdl 35.58 -0.35 29.91 35.88 7M 20M 35.15
Current.
CAI 11/09 Test BO 49.92 +0.1 50.88 51 228K 581K 49.08
Buy Not Issued.
CASY 11/06 Rv H&S 17.23 0 16.37 20.12 95K 200K 16.22
Current.
CKSW 10/25 Test BO 4.5 -0.2 3.61 4.58 568K 300K 4.02
Current.
CPHD 11/05 A Wedge 6.68 +0.11 6.15 7.52 242K 338K 6.34
Current.
CRA 11/24 Cup hdl 13.65 -0.33 14.12 16.95 298K 809K 13.13
Buy Not Hit.
CYD 11/24 Test 50 28.83 -0.48 30.58 38 4.5M 3.5M 28.22
Current.
EGHT 10/30 Cup 3.78 +0.28 2.15 2.91 1.3M 823K 3.06
Current.
EMBT 10/06 Flat 14.61 +0.12 11.24 13.38 221K 350K 14.27
Current.
EMBT 07/26 Cup hdl 14.61 +0.12 9.33 11.12 221K 400K 14.27
Current.
EQIX 11/20 Cup hdl 25.48 +0.98 23.12 27.75 479K 200K 20.79
Buy Not Hit.
EVCI 10/20 Cup hdl 5.52 -0.08 3.4 4.38 96K 125K 5.05
Current.
FALC 10/30 Cup hdl 8.08 +0.03 8.04 9.65 237K 230K 7.81
Current.
GBN 10/22 Cup 2.3 -0.01 1.86 2.42 594K 300K 2.14
Current.
GGAL 11/22 Test 50 6.19 +0.08 6.25 8 449K 424K 5.81
Buy Not Hit.
GISX 10/25 Cup hdl 28.67 +0.3 27.88 33.32 338K 302K 28.32
Current.
IDTI 10/29 Rv H&S 18.4 +0.22 16.45 19.75 2.1M 3.3M 17
Current.
JNPR 11/22 A Wedge 18.63 +0.33 18.23 21.85 8.9M 12M 17.22
Current.
KEYN 11/17 Flat 12.3 +0.2 12.52 15 109K 200K 11.65
Current.
KVHI 11/15 DB hdl 33 +2.03 33 40 484K 536K 30.42
Current.
LTXX 11/11 DB hdl 16.23 +0.24 16.68 19.85 1M 1.2M 14.92
Current.
MANU 10/11 Test BO 6.55 -0.19 6.77 8.15 682K 1.4M 6.44
Current.
MCLD 11/12 DB hdl 1.63 +0.08 1.78 2.32 1.7M 3M 1.57
Buy Not Hit.
NEOF 11/03 A Wedge 15.5 -0.02 16.58 19.95 56K 151K 15.42
Buy Not Hit.
NKE 11/22 Cup hdl 67.17 +2.5 64.55 75 5.3M 2M 62.22
Current.
NOVL 11/22 Test BO 9.1 +0.02 8.88 10.68 7.6M 10M 8.42
Current.
NVLS 11/19 Test BO 43.99 +0.45 44.44 52 10M 10M 42.28
Current.
PLXS 11/03 DB hdl 17.5 -0.39 19.06 22.75 348K 528K 17.38
Current.
PTSX 11/15 A Wedge 5.08 +0.18 5.22 6.55 20K 144K 4.85
Buy Not Hit.
QADI 11/12 Flat 13.3 -0.9 13.54 16.22 272K 298K 12.98
Current.
RBK 09/24 DB hdl 39.85 +1.59 34.46 41.35 1.2M 1.1M 39.05
Exited.
SCKT 11/03 Cup hdl 3.82 -0.01 3.61 4.55 269K 526K 3.66
Current.
SERO 11/22 Cup hdl 17.29 -0.43 17.72 21.25 398K 700K 16.32
Buy Not Issued.
SNDK 11/24 Test 50 78.97 -0.88 81.2 93.35 3.5M 3.5M 77.88
Current. Was off and running but fell off hard in the last half
hour & gave back the nice rally.
SOHU 10/24 Dbl btm 34.41 -0.22 37.69 45 3.4M 9M 34.85
Current.
SQNM 11/18 Cup hdl 3.6 -0.07 3.88 4.95 149K 561K 3.58
Buy Not Hit.
TEO 10/27 Cup hdl 7.98 -0.02 7.26 9 240K 511K 7.76
Current.
TLAB 11/10 DB hdl 8.12 -0.1 8.27 9.88 3M 6M 7.86
Current.
TMWD 11/19 BO 8.57 +0.57 8.15 8.78 2M 900K 7.41
Current.
TQNT 11/19 Test 18 8.26 +0.06 8.04 9.75 2M 3M 7.68
Buy Not Issued.
TRFX 11/19 Test BO 5.06 +0.25 5.14 6.48 95K 135K 4.76
Buy Not Issued.
TTEC 11/19 Test BO 10.33 -0.06 10.25 12.27 297K 660K 9.28
Current.
VSH 11/12 Flat 20.8 +0.29 20.78 24.88 1.6M 3.2M 19.78
Current.
WMS 11/21 Dbl btm 26.8 -0.01 25.83 31.22 685K 650K 24.66
Current.
ZILA 11/15 Cup hdl 4.03 -0.02 4.19 5.35 79K 185K 3.87
Buy Not Hit.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ARDI 11/10 Put 12.43 +0.16 11.95 10.06 428K 1M 12.62
Current.
ASCA 11/01 Put 23.11 +0.03 20.27 18.85 194K 185K 21.25
Exited.
ASKJ 11/10 Put 18.43 +0.06 18.22 16 1.4M 2.5M 18.32
PFGC 11/15 Put 38.8 -0.09 38.58 36.05 573K 450K 38.88
Buy Not Issued.
SFNT 11/11 Put 33.09 +0.05 34.05 30.55 238K 461K 33.22
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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