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us stock market, stock split
Begin part 2 of 2
THE PLAYS
In each report we prepare full write-ups for those that look ready to move. If the move has been made already we discuss the play in the summary table. The purpose is to focus on the next good movers. New pre-announcement plays are found in that section.
Good moves Wednesday: ATYT; AXYX; CHU; CYBX; DE; DRAX; DTAS; OSIS; QCOM; SHFL; TKTX; TUTS
NEW PLAYS: This section includes new plays from all sections other than pre-announcements.
Post Split:
Play Date: 01/07/2004
COH (Coach--$38.06; -0.71; optionable): Handbags, etc.
http://biz.yahoo.com/p/c/coh.html
STATUS: Test 50 day MVA. COH split back in October and rallied up to 40 to start December, moving well ahead of the holiday numbers. After that it needed a rest, dropping to the 50 day MVA (35.99). It held 50 day MVA, an indication of institutional support. It has held that level and worked laterally the past three weeks. The past two sessions volume has started to jump. COH announced its December results were better than expected. It tested the 18 day MVA on the Wednesday low (37.20) and rebounded. Looking for a break over the recent highs to enter.
Volume: 3.722M Avg Volume: 1.785M
BUY POINT: $39.25 Volume=2.7M Target=$47 Stop=$37.38
POSITION: COH EH - May $40c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/coh.html
Play Date: 01/07/2004
ERES (Eresearch Tech--$30.71; +2.69; optionable): Electrocardiographic related services to the medical industry
http://biz.yahoo.com/p/e/eres.html
STATUS: Double bottom. A leader in 2002 and surging in 2003, ERES made us some great money. It needed a rest and after peaking in late October it started the current 10 week base. It is on the way back up and Wednesday was upgraded. That helped the stock jump up on strong, above average volume, clearing the 'hump' in the middle of the double bottom (29.93). That is a breakout from this type of pattern, and we are looking to take positions on a further move. It may then form a handle as it reaches toward 32 to 33. After that we will add to positions on a breakout from that handle. A longer term winner that looks ready to start the next leg. We will give it a chance if it can continue the move on strong volume.
Volume: 2.853M Avg Volume: 1.418M
BUY POINT: $31.25 Volume=2.1M Target=$37.58 Stop=$29.06
POSITION: DBO FF - June $30c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/eres.html
PRE-ANNOUNCEMENT PLAYS
Play Date: 01/03/2004
MBT (Mobile Telesys--$86.65; -0.11; optionable): Russian wireless communications
http://biz.yahoo.com/p/m/mbt.html
STATUS: Cup w/handle. MBT is forming the handle to its 13 week base. It shot higher last week and Monday on strong trade. It has spent the past two sessions coming back to test that move on lower volume. This is the handle formation that shakes out the short term profit takers. It may take another session or two to complete the handle, but it looks ready after that.
Volume: 130.4K Avg Volume: 258.818K
BUY POINT: $88.39 Volume=412K Target=$99.95 Stop=$83.32
POSITION: MBT FQ - June $85c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/mbt.html
WATCHLIST/ CONTINUING
* * 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://www.stocksplits.net/ssr/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; 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
ALTI 01/02 Test BO 3.34 +0.12 3.02 3.78 4.1M 2.3M 2.72
Current.
ALTI 12/01 Dbl btm 3.34 +0.12 2.05 2.74 4.1M 1.2M 2.75
Current.
AMZN 12/24 Dbl btm 51.9 -1.13 53.82 64 9.2M 15M 51.12
Current.
APA 12/16 Test BO 81.5 -0.42 78.18 86 1.3M 1.2M 79.98
Current.
APOL 12/01 DB hdl 71.77 -0.27 70.72 82 1.3M 2.9M 67.12
Current.
APOL 11/22 DB hdl 71.77 -0.27 66.54 82 1.3M 2.9M 67.12
Current.
APPB 10/13 BO 37.97 -1 37.55 44.95 997K 750K 38.44
Current.
ASKJ 01/04 Test 50 22.05 -0.91 20.88 24.95 3.4M 3.7M 19.42
Current.
ATYT 01/06 Flat 17.19 +0.65 16.92 20.21 5.3M 3.9M 15.71
Current.
AXYX 12/30 Rv H&S 5.92 +1.02 5.57 6.94 6M 703K 5.18
Current.
BCR 12/17 Rv H&S 81.68 +1.28 80.93 92.95 226K 500K 79.66
Current.
BSX 12/17 Test 50 35.87 +0.01 36.62 42.12 3.6M 8.2M 34.74
Buy Not Issued.
CFC 12/04 Test BO 73 -0.85 81.41 87.75 2.3M 2.5M 79.22
Exited.
CHU 01/02 Test 50 10.49 +0.33 10.02 12.25 1.1M 880K 9.32
Current.
CKSW 12/30 Test 50 4.26 +0.01 4.49 5.51 118K 450K 4.14
Current.
CLEC 10/30 Cup hdl 7.62 +0.34 5.54 6.94 70K 96K 7.48
CYBX 12/22 DB hdl 34.36 +1.8 33.73 40.45 2.2M 429K 32.32
Current.
CYD 01/02 Flat 29.07 +1 33.64 40.45 3M 4M 31.29
Current.
DCOM 12/06 Test 18 30.63 +0.51 30.65 36.78 97K 184K 29.98
Buy Not Issued.
DE 12/16 A Wedge 64.2 +1.6 64.78 77.55 3.8M 2.2M 64.13
Current.
DGX 01/06 Test BO 73.63 +0.62 73.88 84.85 616K 1.2M 71.44
Buy Not Issued.
DNA 01/03 Test BO 93.17 +0.83 94.55 100 3.1M 3M 92.88
Buy Not Hit.
DRAX 01/06 Cup hdl 3.8 +0.38 3.88 4.74 882K 364K 3.52
Current.
DTAS 12/09 Flat 10.26 +0.32 9.49 11.88 834K 517K 8.98
Current.
EBAY 08/02 PreSplt 65.2 +0.04 53.78 60 6.4M 9M 61.22
Current.
EBAY 03/08 BO 65.2 +0.04 40.04 46 6.4M 8M 61.22
Current.
EMBT 10/06 Flat 15.34 -0.53 11.24 13.38 126K 350K 15.38
Current.
EMBT 07/26 Cup hdl 15.34 -0.53 9.33 11.12 126K 400K 15.38
Current.
FALC 12/18 Flat 9.84 +0.21 8.58 10.35 225K 300K 8.42
Current.
GGG 12/20 FlyPlat 40.14 -0.06 40.55 48.75 210K 200K 39.42
Buy Not Issued.
GPRO 11/12 Cup hdl 33.8 -0.3 30.85 36.95 644K 1.1M 34.48
Current.
GRMN 11/24 Cup hdl 57.35 -0.32 54.38 62 743K 690K 53.58
Current.
GRMN 11/09 Cup hdl 57.35 -0.32 53.82 62 743K 690K 53.58
Current.
HAR 12/29 A Wedge 73.5 +0.74 73.25 80 309K 400K 72.38
Current.
HBIO 12/22 Cup 9.61 +0.15 9.75 11.78 86K 235K 8.74
Current.
HOLX 12/06 Cup 18.35 +0.35 16.32 19.65 190K 200K 16.74
Current.
IGT 09/16 Rv H&S 35.46 -0.52 29.05 34.55 3.4M 4.7M 35.22
Current.
JCI 12/13 A Wedge 59.44 +0.49 56.41 59.22 833K 550K 57.09
Current.
KBH 12/20 Cup hdl 69.14 -0.76 71.38 81.94 1M 1.5M 71.44
Current.
KSWS 12/09 Test 18 26.47 -0.86 23.65 27.06 612K 200K 23.98
Current.
KSWS 11/19 Test BO 26.47 -0.86 22.36 25.5 612K 225K 23.98
Current.
LEN 12/20 Test 18 93.26 -1.21 97.39 106 1.7M 1.7M 97.18
Current.
LXK 12/30 Rv H&S 78.85 +0.82 79.12 89 958K 2M 77.12
Buy Not Issued.
MALL 12/29 Test BO 17.01 +0.03 16.68 20 35K 170K 15.44
Current.
MBG 11/18 Cup hdl 45.75 +0.09 44.3 53 593K 1.8M 44.54
Current.
MBT 01/03 Cup 86.65 -0.11 88.39 99.95 127K 412K 83.32
Current.
MMSI 12/29 Test 50 22.91 -1.56 22.11 26.55 1M 260K 21.68
Current.
OSI 12/09 Test 18 43.48 -0.57 45.25 54.32 633K 891K 43.88
Buy Not Hit.
OSIS 12/01 DB hdl 21.12 +1.26 19.69 23.62 378K 365K 18.96
Current.
OSTK 12/11 Test BO 19.1 +0.11 20.35 24.45 362K 658K 18.98
Current.
OTEX 01/05 Flat 21.5 +0.3 21.33 25.48 595K 650K 19.84
Current.
PMTI 12/16 Dbl btm 10.84 -0.09 9.42 11.25 178K 180K 10.08
Current.
PRTL 01/03 Cup 11.95 +0.11 11.35 13.65 1.4M 1.9M 10.48
Buy Not Issued.
PSSI 11/19 Cup hdl 12.1 0 10.26 12.95 443K 779K 11.68
Current.
PX 12/11 A Wedge 38.09 +0.01 37.47 40 923K 1M 37.27
Current.
QCOM 12/11 Cup hdl 55.76 +1.53 50.61 58.25 10M 12M 51.96
Current.
QLTI 12/20 Test BO 20.22 +0.23 20.32 24.22 1.3M 1.2M 18.88
Current.
RESP 01/06 Dbl btm 48.23 +0.9 47.68 55 190K 305K 45.45
Buy Not Issued.
ROST 12/06 Test 50 27.7 +0.32 26.96 31.19 1M 1M 26.12
Current.
ROST 11/20 Test 50 27.7 +0.32 27.29 31 1M 1M 26.12
Current.
SBUX 07/30 Cup 33.68 -0.14 30.35 36.75 2.4M 6M 32.08
Current.
SBUX 07/01 Cup 33.68 -0.14 26.3 30.94 2.4M 6M 32.08
Current.
SFY 12/08 Cup 17.53 -0.37 15.38 18.55 148K 200K 16.61
SHFL 11/22 Cup hdl 36.42 +1.31 31.47 37.55 350K 425K 34.44
Current.
SLXP 12/02 Flat 22.95 +1.45 20.29 24.55 129K 316K 21.58
Current.
SOV 12/13 Test BO 24.36 +0.01 24.37 29.12 1.7M 2.7M 22.55
Current.
STEL 12/18 Cup hdl 10.19 +0.02 10.87 13.12 62K 178K 10.11
Buy Not Hit.
SYK 12/29 A Wedge 84.14 -0.46 84.55 97.35 587K 745K 81.94
Buy Not Issued.
TKTX 12/02 Flat 16.69 +1.29 14.36 17 378K 410K 14.88
Current.
TMWD 12/30 Test 50 8.15 -0.12 8.38 10.15 198K 880K 7.84
Current.
TRPH 12/11 Test BO 7.58 +0.28 6.49 7.68 1M 1.7M 6.48
Current.
TRPH 12/01 Test 50 7.58 +0.28 5.58 6.94 1M 1.7M 6.48
Current.
TSCO 07/29 Test BO 40.29 +0.69 28.06 31.44 269K 494K 37.94
Current.
TSCO 07/05 Test 50 40.29 +0.69 26.62 30 269K 500K 37.94
Current.
TSCO 06/03 Rv H&S 40.29 +0.69 23.42 27.62 269K 603K 37.94
Current.
TSCO 04/24 Cup hdl 40.29 +0.69 21.88 26 269K 603K 37.94
Current.
TSCO 04/03 Rv H&S 40.29 +0.69 19.3 22.19 269K 577K 37.94
Current.
TTI 12/13 A Wedge 26.86 +0.66 24.6 29.65 199K 165K 24.12
Current.
TTMI 01/05 Rv H&S 17.69 -1.08 18.75 22.72 1.1M 725K 17.15
Current.
TUTS 12/29 Test 18 7.1 +0.79 7.19 8.94 604K 175K 6.46
Current.
UOPX 11/03 Test 50 76.02 +1.28 71.12 84 245K 315K 68.98
Current.
UOPX 10/25 Test 50 76.02 +1.28 68.95 82 245K 315K 68.98
Current.
UTSI 01/05 Cup 41.19 +0.48 40.15 46.55 4.1M 4M 37.54
Current.
UTSI 11/22 Test 50 41.19 +0.48 36.88 44 4.1M 6.4M 36.38
Current.
VAR 10/28 Cup hdl 68.7 -0.1 64.5 74.25 370K 1.1M 68.64
Current.
VIP 01/03 Test BO 77.79 +0.46 75.55 85 163K 615K 70.88
VRTS 01/06 A Wedge 39.22 +0.26 39.22 47 5.7M 8M 37.22
Buy Not Issued.
VTIV 01/03 A Wedge 9.58 -0.11 9.69 11.68 102K 238K 9.01
Current.
WFMI 12/18 Flat 67.97 +0.65 66.92 77 424K 1M 65.65
Current.
WMS 11/21 Dbl btm 27.48 +0.15 25.83 31.22 79K 650K 25.68
Current.
XTO 12/13 Test BO 27.76 -0.13 28.44 33.95 1.1M 1.4M 27.71
Current.
YELL 12/11 Rv H&S 36.8 +0.09 35.25 42.25 1.2M 1.3M 35.72
Current.
ZMH 08/09 Test BO 69.8 +0.77 51.12 59.55 837K 3M 68.55
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
TTC 12/15 Put 46.15 +0.65 45.92 42.51 144K 150K 47.05
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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us stock market
stock split
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