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trade stock, stock recommendation
Begin part 2 of 2
PLAYS:
New Plays for Wednesday:
No full write-ups given the short session. Here are some stocks that we find very interestesting for Wednesday. Many moved on strong volume and that sets them up for some positions Wednesday if they can continue on. We will also be scanning the market for additional plays that show the credentials.
PTNR (Foreign telecom): Cup w/handle. 9 week pattern, 4:0 accumulation. Very tight handle over the 10 day MVA. Volume jumping the last two sessions. A buy over 7.78.
NTOP (Internet telephone; $6.60); Working through a 13 week cup base, charging higher on strong trade Tuesday after it tested the 200 day MVA in late November. Looks ready to run up to the complete the right side of the base up near 7.50. Can move in on a further move for a run up to there (11%) and then let it breakout. 5:3 accumulation. Looking at on move over 6.72.
OSIS (Chip equipment; $19.24): Has continued to form into a nice 10 week triangle, holding over the 50 day MVA. Solid 3:1 accumulation. A buy over 19.62.
AMZN (Internet selling; $52.48): After peaking at 60 in October, has double bottomed at 47.50. Volume shot up when it hit that level and held. It jumped again Tuesday as it moved through the exponential 50 day MVA. It sold heading into the season, and the Christmas sales look to be strong and the pattern is starting to move up ahead of it. A buy over 53.36.
Continuing plays ready to move: AIRN; ALTI; AVX; DTPI; IONA; ONNN; QLTI; TRPH
CONTINUING PLAY LIST:
* * SPREADSHEET DOWNLOAD * * *
The following link is to a spreadsheet download of the continuing play table. It will allow you to sort the data for your own investment use. This is a service to our subscribers only, and no other use of the information is authorized. Simply click on the link, enter your username and password, and download the spreadsheet!
http://investmenthouse.com/ihalerts/table.php
(You will need your password ... if you need help click on this link and our automated system will email it to you immediately once you fill in your email address:
http://www.investmenthouse.com/rescue/rescue.php3 )
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
AIR 12/15 BO 14.11 +1.14 12.04 14.55 289K 150K 11.66
Current.
AIRN 12/04 Test BO 3.1 +0.21 3.22 4.18 746K 537K 2.88
Current.
ALTI 12/01 Dbl btm 2.35 +0.17 2.05 2.74 2.9M 1.2M 2.05
Current.
AOT 11/24 Flat 22.75 -0.09 23.37 27.95 236K 405K 22.88
Current.
AVX 12/11 Flat 16.11 -0.02 16.25 19.55 288K 450K 15.89
Current.
BCR 12/17 Rv H&S 80.36 +0.36 80.93 92.95 377K 500K 78.72
Current.
CEVA 12/16 Rv H&S 9.55 -0.26 9.92 11.92 56K 128K 9.23
Buy Not Issued.
CTRA 12/10 Cup hdl 3.96 +0.03 4.25 5.44 80K 500K 3.95
Buy Not Hit.
CYBX 12/22 DB hdl 31.62 +0.04 32.88 39.48 202K 429K 31.22
Buy Not Hit.
CYPB 12/08 A Wedge 13.8 -0.25 14.95 17.95 275K 425K 14.44
Exited. Could not retake the 18 day MVA after the big gap lower
Monday so closed it out.
DTAS 12/09 Flat 8.98 -0.01 9.49 11.88 275K 517K 8.98
Current.
DTPI 12/17 A Wedge 9.76 +0.53 10.12 12.22 222K 577K 9.41
Buy Not Hit.
EMBT 10/06 Flat 15.88 +0.23 11.24 13.38 111K 350K 14.85
Current.
EMBT 07/26 Cup hdl 15.88 +0.23 9.33 11.12 111K 400K 14.85
Current.
FLDR 12/12 Cup hdl 6.96 +0.11 6.64 8 304K 150K 6.21
Current.
FLDR 11/25 DB hdl 6.96 +0.11 6.19 7.85 304K 150K 6.21
Current.
FSII 11/25 Flat 7.31 +0.09 6.54 7.98 147K 400K 6.73
Current.
GBN 10/22 Cup 2.42 -0.06 1.86 2.42 660K 300K 2.45
Exited. Took the rest of a 30% gain off the table as it failed
to retake the 18 day MVA. Will catch it when it forms
up again after the 50 day MVA test.
GMAI 12/22 BO 12.77 +0.27 12.48 15 405K 500K 10.35
Current.
GTI 12/15 A Wedge 13.08 +0.1 12.66 15.22 702K 1.2M 12.12
Current.
IDT 12/09 Rv H&S 20.09 +0.09 19.79 23.82 200K 200K 19.32
Current.
INAP 12/08 Test BO 2.14 0 2.22 2.78 2.8M 5.2M 2
Buy Not Issued.
IONA 12/20 Test BO 5.4 +0.02 5.72 7.15 95K 600K 5.29
Buy Not Hit.
IVIL 12/23 Flat 3.63 +0.63 3.59 4.52 722K 340K 2.99
Current. Scanning the market & saw the stock breakout from its
3 month flat base (3 to 0 accumulation) on strong trade
so issud the bonus alert.
MAXM 12/01 Rv H&S 8.43 +0.22 8.09 9.88 120K 227K 7.88
Current.
MSPD 12/15 A Wedge 6.7 +0.1 7.15 8.65 404K 1.1M 6.65
Buy Not Hit.
MTMD 12/03 Cup 5.02 +0.02 4.64 6 86K 312K 4.68
Current.
MVSN 11/24 Cup hdl 23 +0.7 23.33 27.69 687K 891K 22.32
Current.
NGAS 12/16 Cup hdl 5.26 -0.09 5.74 7.25 127K 195K 5.11
Current.
NOOF 11/01 Cup hdl 8.79 +0.01 5.27 6.32 158K 319K 8.22
Current.
NOOF 10/25 Cup hdl 8.79 +0.01 4.78 6.21 158K 280K 8.22
Current.
NOVL 11/22 Test BO 10.5 +0.5 8.88 10.68 8.7M 10M 9.08
Current.
NTST 12/06 Test BO 15.08 +0.04 14.42 17.28 64K 215K 14.68
Current.
OCLR 12/22 Flat 28.3 0 29.08 34.88 99K 135K 27.68
Buy Not Hit.
OHI 12/08 Flat 9.19 +0.24 8.71 10.48 134K 200K 8.55
Current.
OMCL 12/10 Cup hdl 15.91 -0.09 16.95 20.25 156K 300K 15.85
Current.
ONNN 12/16 Test BO 6.4 +0.2 6.78 8.18 636K 3.4M 6.22
Buy Not Hit.
OSTK 12/11 Test BO 19.09 +0.55 20.12 24.25 319K 658K 18.71
Buy Not Issued.
OTE 12/20 Cup hdl 6.24 -0.11 6.52 8.15 43K 135K 6.19
Buy Not Hit.
PMTI 12/16 Dbl btm 10.06 +0.06 9.42 11.25 64K 180K 9.98
Current.
PSSI 11/19 Cup hdl 12.3 +1.11 10.26 12.95 2.3M 779K 11.12
Current.
QCOM 12/11 Cup hdl 53.52 +1.27 50.61 58.25 10M 12M 48.68
Current.
QLTI 12/20 Test BO 19.27 +0.62 19.32 23.22 334K 1.2 18.04
Buy Not Hit.
RHAT 12/18 DB hdl 17.98 -0.63 16.51 19.58 16M 5.5M 16.55
Current.
RWY 11/04 Cup hdl 7.99 +0.01 6.24 7.85 31K 146K 7.52
Current.
SFY 12/08 Cup 17.02 0 15.38 18.55 174K 200K 16.12
SLXP 12/02 Flat 22.16 +0.71 20.29 24.55 96K 316K 20.54
Current.
STEL 12/18 Cup hdl 9.92 -0.31 10.87 13.12 174K 178K 10.11
Buy Not Hit.
TRPH 12/11 Test BO 6.38 +0.18 6.49 7.68 343K 1.7M 5.93
Current.
TRPH 12/01 Test 50 6.38 +0.18 5.58 6.94 343K 1.7M 5.93
Current.
TSCO 06/03 Rv H&S 39.33 +0.21 23.42 27.62 293K 603K 37.94
Current.
TSCO 04/24 Cup hdl 39.33 +0.21 21.88 26 293K 603K 37.94
Current.
TTI 12/13 A Wedge 24.71 +0.06 24.6 29.65 154K 165K 23.38
Current.
ULGX 11/13 DB hdl 5.95 -0.35 6.51 8.12 127K 130K 6.05
Exited. Gapped below the 18 day and rallied back, but when
it could not retake and hold that level we shut it down.
VAR 10/28 Cup hdl 68.13 +0.99 64.5 74.25 627K 1.1M 67.82
Current.
VLGC 12/12 Test BO 3.68 +0.23 3.24 3.92 1.5M 1.3M 2.94
Current.
VLGC 11/10 Cup 3.68 +0.23 2.14 2.82 1.5M 1.3M 3.15
Current.
WMS 11/21 Dbl btm 26.63 +0.69 25.83 31.22 129K 650K 25.68
Current.
ZMH 08/09 Test BO 68 -1.24 51.12 59.55 1.4M 3M 66.48
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ARDI 11/10 Put 13.05 +0.16 11.95 10.06 549K 1M 12.62
Current. Back at the top of the range at 13. It is over the
50 day but has been hesitating. If it does not fade
back into the range (11 to 13) then we shut it down.
BBY 12/22 Put 49.5 -0.95 49.97 46.45 6.9M 5M 51.06
Buy Not Hit. Heavier volume selling early but managed to lift in
the afternoon w/the market. Still selling.
CLE 12/20 Put 18.97 -0.04 19.31 18 1.1M 679K 20.24
Buy Not Issued.
JBLU 12/15 Put 26.74 +0.58 26.55 23.15 1.4M 3M 28.02
Current.
LEXR 12/22 Put 16.53 +0.23 15.97 13.95 2M 4M 16.68
Buy Not Hit.
LLTC 12/09 Put 41.5 +0.76 40.17 37 2.8M 5M 41.25
Current.
LNCR 12/10 Put 30.12 -0.2 30.89 28.04 1.3M 2.5M 31.38
Current.
RTH 12/17 Put 88.74 +0.11 87.98 84.02 390K 2.5M 89.44
Buy Not Hit.
SLVN 12/10 Put 28.25 +0.4 28.05 25.02 185K 484K 28.19
Current.
SMH 12/13 Put 41.02 +0.78 40.3 37.85 5.9M 16M 41.02
Current.
SSTI 12/09 Put 11.17 +0.27 10.56 8.55 1.7M 2.4M 11.55
Current.
TTC 12/15 Put 47 -0.44 45.15 42.51 209K 150K 47.05
Buy Not Hit.
VSEA 12/18 Put 43.42 +0.52 41.62 38 365K 1M 42.94
Buy Not Hit.
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.
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