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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers Monday: ALTI; GPRO; HAR; HBIO; OSI; SFY; TKTX; ZMH
New Plays for Tuesday:
Play Date: 12/29/2003
MALL (PC Mall--$15.74; +1.14; no options): Rapid-response, direct marketer of PC's and related products
http://biz.yahoo.com/p/m/mall.html
STATUS: Test breakout. MALL is moving laterally in a 4 week flat breakout test, holding over the 18 day MVA (14.46) as it does. Showing positive 2 to 1 accumulation (2 up price weeks on rising volume to 1 down price week on rising volume) in the test to go along with money flow rising ahead of price and relative strength on the verge of a breakout. Has thrown off some volume spikes the past two weeks, indicating it is preparing for another breakout move. Want it to clear 16 on strong volume. PC retailers had a better season than most thought.
Volume: 103.862K Avg Volume: 113.5K
BUY POINT: $16.08 Volume=170K Target=$19.32 Stop=$14.72
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/mall.html
Play Date: 12/29/2003
TUTS (Tut Systems--$6.49; +0.07; no options): Telecom equipment
http://biz.yahoo.com/p/t/tuts.html
STATUS: Testing the breakout. Another stock that is moving in a short flat base after breaking out of a bigger pattern to start the month. TUTS worked laterally September to November, broke higher three weeks back, and has since moved sideways on lower volume over the 18 day MVA (6.18). Solid 3 to 0 accumulation on the move, and the light volume the past 3 weeks shows very few sellers as it consolidates for the next move. Excellent money flow and accumulation. Looks ready to continue the move.
Volume: 56.647K Avg Volume: 121.181K
BUY POINT: $6.78 Volume=175K Target=$8.48 Stop=$6.28
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/tuts.html
New Pre-Announcement Plays:
Play Date: 12/29/2003
SYK (Stryker--$84.21; +1.97; optionable): Medical instruments. Will provide background information Tuesday.
http://biz.yahoo.com/p/s/syk.html
STATUS: Ascending triangle. SYK has formed up again, breaking higher Monday out of a 10 week triangle that used the 50 day MVA (80.89) as the support for the pattern. That shows continued buying by institutions at that point. Volume was up Monday though still below average. Want to see it surge with the stock to start a position.
Volume: 373.7K Avg Volume: 535.409K
BUY POINT: $84.55 Volume=745K Target=$97.35 Stop=$81.94
POSITION: SYK CQ - Mar. $85c (47 delta) &/or Stock
http://www.investmenthouse.com/cs/syk.html
Continuing that look good:
Post-Split:
IFIN (Asset Management; $38.60): Still working on the breakout from its 11 week base that has used the 50 day MVA (35.94) as support as it makes a series of rising lows with a constantt top near 38.50. The pattern is an ascending traingle, a signature pattern that can yield explosive breakout moves. Accumulation in the pattern is a solid 2 to 0. Volume was back up to average Monday as it edged toward the breakout. Looks ready. A buy over 38.75 on volume of 700K or better.
WATCHLIST/ CONTINUING
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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; PreAnn=Pre-Announcement split; PreSplt=Pre-split; 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
AAP 12/18 Test 50 80.03 +0.64 80.12 88.25 167K 550K 78.32
Buy Not Issued.
ALTI 12/01 Dbl btm 2.74 +0.39 2.05 2.74 9.5M 1.2M 2.05
Current.
AMZN 12/24 Dbl btm 53.47 0 53.82 64 8M 15M 50.65
Current.
APA 12/16 Test BO 82.6 +1.4 78.18 86 748K 1.2M 77.92
Current.
APOL 12/01 DB hdl 68.87 +0.7 70.72 82 1.2M 2.9M 66.05
Current.
APOL 11/22 DB hdl 68.87 +0.7 66.54 82 1.2M 2.9M 66.05
Current.
APPB 10/13 BO 39.28 +0.71 37.55 44.95 317K 750K 37.94
Current.
BCR 12/17 Rv H&S 80.93 +0.35 80.93 92.95 225K 500K 78.72
Current.
BSX 12/17 Test 50 36.08 +0.95 36.62 42.12 3.3M 8.2M 34.74
Buy Not Hit.
CFC 12/04 Test BO 76.2 +0.2 81.41 87.75 1.7M 2.5M 79.22
Current.
CLEC 10/30 Cup hdl 8.28 0 5.54 6.94 163K 96K 7.15
CYBX 12/22 DB hdl 31.88 +0.09 32.88 39.48 258K 429K 31.22
Buy Not Hit.
DCOM 12/06 Test 18 31.86 +0.55 30.65 36.78 56K 184K 29.98
Buy Not Issued.
DE 12/16 A Wedge 64.5 +0.4 64.78 77.55 1.9M 2.2M 64.13
Current.
DTAS 12/09 Flat 9.19 +0.22 9.49 11.88 347K 517K 8.98
Current.
EBAY 08/02 PreSplt 64.16 +0.76 53.78 60 5.7M 9M 59
Current.
EBAY 03/08 BO 64.16 +0.76 40.04 46 5.7M 8M 59
Current.
EMBT 10/06 Flat 16 +0.17 11.24 13.38 202K 350K 14.85
Current.
EMBT 07/26 Cup hdl 16 +0.17 9.33 11.12 202K 400K 14.85
Current.
FALC 12/18 Flat 8.62 -0.04 8.58 10.35 218K 300K 7.98
Current.
GGG 12/20 FlyPlat 40.46 +0.41 40.55 48.75 69K 200K 39.42
Buy Not Hit.
GPRO 11/12 Cup hdl 37.34 +4.17 30.85 36.95 2.8M 1.1M 31.38
Target Hit. Explosive breakout as FDA approves its STD testing
product. Took some gain on the strong move, let half
the position run.
GRMN 11/24 Cup hdl 54.97 +0.96 54.38 62 367K 690K 53.58
Current.
GRMN 11/09 Cup hdl 54.97 +0.96 53.82 62 367K 690K 53.58
Current.
HAR 12/29 A Wedge 74.25 +3.45 73.25 80 440K 400K 70.39
Current.
HBIO 12/22 Cup 9.97 +1.17 9.75 11.78 288K 235K 8.98
Current. Excellent volume surge on the heels of the solid Friday
move.
HOLX 12/06 Cup 17.51 +0.41 16.32 19.65 150K 200K 16.06
Current.
HOV 12/16 Test 50 90 +1.08 89.21 97.55 368K 1.2M 87.22
Current.
IGT 09/16 Rv H&S 36.02 +0.3 29.05 34.55 1.2M 4.7M 34.75
Current.
JCI 12/13 A Wedge 115.47 +1.47 112.82 118.45 401K 550K 110.12
Current.
KBH 12/20 Cup hdl 73.88 -0.58 71.38 81.94 690K 1.5M 69.88
Current.
KSWS 12/09 Test 18 24.89 +0.18 23.65 27.06 314K 200K 23.74
Current.
KSWS 11/19 Test BO 24.89 +0.18 22.36 25.5 314K 225K 23.74
Current.
LEN 12/20 Test 18 99.45 +0.05 97.39 106 622K 1.7M 94.45
Current.
MBG 11/18 Cup hdl 45.3 +0.14 44.3 53 917K 1.8M 44.54
Current.
MMSI 12/29 Test 50 22.06 +0.56 22.11 26.55 214K 260K 20.68
Current.
NTST 12/06 Test BO 14.67 -0.82 14.42 17.28 157K 215K 14.68
Current.
OSI 12/09 Test 18 44.5 +1.78 45.25 54.32 718K 891K 44.02
Buy Not Hit.
OSIS 12/01 DB hdl 19.8 +0.63 19.69 23.62 162K 365K 18.88
Current.
OSTK 12/11 Test BO 20.66 -0.24 20.35 24.45 458K 658K 18.93
Current.
PCAR 12/02 Dbl btm 85.86 +1.66 82.88 95 602K 1.4M 79.47
Buy Not Issued.
PMTI 12/16 Dbl btm 10.6 +0.18 9.42 11.25 327K 180K 9.98
Current.
PSSI 11/19 Cup hdl 12.29 -0.39 10.26 12.95 724K 779K 11.12
Current.
PX 12/11 A Wedge 38.13 +0.51 37.47 40 849K 1M 36.57
Current.
QCOM 12/11 Cup hdl 54.82 +1.79 50.61 58.25 7M 12M 48.68
Current.
QLTI 12/20 Test BO 19.47 +0.35 19.32 23.22 354K 1.2M 18.04
Buy Not Issued.
ROST 12/06 Test 50 26.66 +0.01 26.96 31.19 963K 1M 26.12
Current.
ROST 11/20 Test 50 26.66 +0.01 27.29 31 963K 1M 26.12
Current.
SBUX 07/30 Cup 32.3 +0.36 30.35 36.75 1.7M 6M 31.32
Current.
SBUX 07/01 Cup 32.3 +0.36 26.3 30.94 1.7M 6M 31.32
Current.
SFY 12/08 Cup 17.96 +0.94 15.38 18.55 176K 200K 16.12
SHFL 11/22 Cup hdl 35.21 -0.02 31.47 37.55 182K 425K 33.94
Current.
SLXP 12/02 Flat 22.61 +0.16 20.29 24.55 185K 316K 20.54
Current.
SOV 12/13 Test BO 23.64 +0.25 24.12 28.95 1M 2.7M 22.38
Buy Not Issued.
STEL 12/18 Cup hdl 9.86 -0.14 10.87 13.12 81K 178K 10.11
Buy Not Hit.
TKTX 12/02 Flat 16.05 +0.9 14.36 17 209K 410K 14.14
Current.
TRPH 12/11 Test BO 7 +0.05 6.49 7.68 1.3M 1.7M 6.12
Current.
TRPH 12/01 Test 50 7 +0.05 5.58 6.94 1.3M 1.7M 6.12
Current.
TSCO 07/29 Test BO 39.71 +0.76 28.06 31.44 244K 494K 37.94
Current.
TSCO 07/05 Test 50 39.71 +0.76 26.62 30 244K 500K 37.94
Current.
TSCO 06/03 Rv H&S 39.71 +0.76 23.42 27.62 244K 603K 37.94
Current.
TSCO 04/24 Cup hdl 39.71 +0.76 21.88 26 244K 603K 37.94
Current.
TSCO 04/03 Rv H&S 39.71 +0.76 19.3 22.19 244K 577K 37.94
Current.
TTI 12/13 A Wedge 25.23 +0.66 24.6 29.65 67K 165K 23.38
Current.
UOPX 11/03 Test 50 70.46 +1.83 71.12 84 179K 315K 67.45
Current.
UOPX 10/25 Test 50 70.46 +1.83 68.95 82 179K 315K 67.45
Current.
UTSI 12/02 Cup 37.99 +0.19 39 44.55 1.2M 4M 35.98
Current.
UTSI 11/22 Test 50 37.99 +0.19 36.88 44 1.2M 6.4M 35.98
Current.
VAR 10/28 Cup hdl 69.55 +1.15 64.5 74.25 338K 1.1M 67.82
Current.
WFMI 12/18 Flat 67 +0.15 66.92 77 635K 1M 64.44
Current.
WMS 11/21 Dbl btm 26.5 -0.01 25.83 31.22 256K 650K 25.68
Current.
XTO 12/13 Test BO 29.15 +0.75 28.44 33.95 884K 1.4M 27.48
Current.
YELL 12/11 Rv H&S 36.67 +0.93 35.25 42.25 1.3M 1.3M 35.75
Current.
ZMH 08/09 Test BO 71.17 +2.14 51.12 59.55 1.1M 3M 66.48
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
CHS 12/20 Put 37.15 +1.21 33.92 30.88 1.8M 1.5M 34.64
Buy Not Hit. Rallied above the 50 day MVA on stronger above average volume. Stock did not make the move we were looking for so will drop, but will keep our eye on it.
LLTC 12/09 Put 42.37 +1.6 40.17 37 2.8M 5M 41.25
Exited.
LOW 12/10 Put 55 +0.14 53.42 50.45 2.2M 4M 54.75
Current.
SMTC 12/13 Put 22.87 +0.72 21.25 18.54 469K 1.2M 22.18
Current.
TTC 12/15 Put 47.23 -0.14 45.15 42.51 121K 150K 47.05
Buy Not Hit.
Good Investing!
Jon L. Johnson and the Stock Split Report Staff.
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 of 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 split
stock recommendation
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