stock recommendation, stock option

Begin part 3 of 3

Good movers Monday: AMXC; AOT; CALM; FMTI; IVIL; MEDT; NOVL; ONNN; OTE; SNUS; VAR

Play Date: 12/29/2003
AMXC (AMX Corp.--$10.09; +0.66; no options): Semiconductors
http://biz.yahoo.com/p/a/amxc.html
STATUS: Test 18 day MVA. After an excellent surge in January, AMXC is testing that move, coming back to the 18 day MVA (9.60) on very low, below average volume. It has held and started back up Monday on rising though still below average volume. Looking for it to continue the move on stronger volume for new positions.
Volume: 80.542K Avg Volume: 111K
BUY POINT: New: $10.22 (orig. $7.98) Volume=134K Target=New positions 12.48 (orig. positions: $9.98) Stop=$9.28
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/amxc.html

CONTINUING PLAY LIST

* * SPREADSHEET DOWNLOAD * * *

The following link is to a spreadsheet download of the continuing play table. It will allow subscribers to sort the data for your personal 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 FOR CONTINUING PLAY TABLE

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

ABGX 01/21 Cup hdl 15.8 +0.23 16.08 19.28 1.2M 1.8M 14.95
Current. Continue to move up the 10 day MVA on rising volume.

ABTL 01/31 Rv H&S 12.38 -0.19 12.83 15.45 774K 775K 11.89
Current. Pull back on much lower, but still above average volume. Still in uptrend.

AIRN 12/04 Test BO 3.84 -0.2 3.22 4.18 520K 537K 3.78
Current. Pull back tapping support at 3.75 at the intraday low and rallied on higher, but still below average volume. May test back to 3.75.

ALTI 01/02 Test BO 3.71 -0.15 3.02 3.78 1.9M 2.3M 3.68
Current. Continue to pull back tapping 3.61 at the low and rallied holding above the 18 day MVA on low volume. May test back to the 18 day MVA.

ALTI 12/01 Dbl btm 3.71 -0.15 2.05 2.74 1.9M 1.2M 3.68
Current.

AMXC 12/29 A Wedge 10.09 +0.66 7.98 9.98 81K 134K 9.28
Current. Moving up on rising volume after testing the break out.

ANPI 01/22 Dbl btm 26.89 +0.6 26.06 29.89 748K 528K 24.58
Current. Continue to move up the 10 day MVA on rising volume.

AOT 11/24 Flat 28.4 0 23.37 27.95 2M 405K 26.92
Target Hit. Moving up on rising volume after testing the break out.

ARXX 01/05 Flat 14.57 -0.15 13.26 15.94 540K 700K 14.44
Current. Pull back on lower volume holding just below the 18 day MVA. Testing the break out.

ATYT 01/06 Flat 16.16 -0.16 16.92 20.21 3.6M 3.9M 15.88
Current. More volatile session with 15.80 at the low (simple 50 day MVA) and 16.37 at the high. Pull back on higher volume showing a doji. Continue to test the break out.

AVGN 01/27 Cup 7.5 -0.43 7.56 9.44 360K 150K 6.99
Current. Pull back on very strong volume. Held above support at 7.40. May test back to 7.40.

BCR 12/17 Rv H&S 93.5 -0.7 80.93 92.95 690K 500K 89.38
Current. Pull back on much lower, but still above average volume. Still in uptrend.

BKHM 01/29 Test BO 3.15 -0.07 3.28 4.12 1.7M 2.7M 3.05
Buy Not Issued. Pull back testing the 18 day MVA and rallied holding above the 10 day MVA on much lower volume.

CALM 01/29 Cup hdl 36.99 +2.55 36.62 43.75 950K 650K 34.06
Current. Great move up on strong volume surge after testing the break out.

CANI 01/20 Flat 15.01 +0.03 15.98 19 137K 477K 14.86
Current. Moving up on lower volume after testing the break out.

CBST 01/26 Test BO 14.12 +0.22 14.68 18.58 816K 725K 13.65
Buy Not Hit. Moving up on lower volume after testing the break out.

CHT 01/22 Cup hdl 16.02 +0.02 15.75 18.92 252K 1.1M 15.55
Current. Beginning to make a lateral move on low volume.

CHU 01/02 Test 50 11.12 -0.48 10.02 12.25 1.2M 880K 11.48
Exited. Issued a trailing stop as stock gapped down at the open, but recovered some of the loss on stronger above average volume.

CORI 01/23 Rv H&S 7.72 +0.16 7.75 9.39 455K 1.2M 7.05
Current. Continue to move up the 10 day MVA on rising volume.

CORI 01/13 DB hdl 7.72 +0.16 6.8 8.12 455K 1.2M 7.05
Current.

CTE 01/17 Cup hdl 6.8 +0.04 6.3 7.64 86K 198K 6.24
Current. Tested the 10 day MVA and rallied showing a doji on below average volume. Moving up after testing the break out.

CYTO 01/12 DB hdl 13.6 +0.09 15.07 17.88 98K 200K 13.84
Current. Gapped down at the open, but recovered the loss on below average volume. Making a lateral move along the 18 day MVA.

DNA 01/03 Test BO 96 +0.50 95.44 102 1.8M 3M 93.88
Current. Making a lateral move showing a tight doji on slightly higher volume.

DUSA 01/26 DB hdl 8.19 +0.20 7.36 8.95 88K 150K 7.18
Current. Moving up the 10 day MVA on below average volume.

DVA 01/21 A Wedge 41.09 +0.97 40.12 46 630K 504K 39.08
Current. Nice move up the 10 day MVA on strong volume.

ENTU 01/28 Cup hdl 4.9 -0.07 5.32 6.65 285K 400K 4.95
Buy Not Hit. Gapped up at the open tapping 5.24 at the high and reversed holding below the 10 day MVA on slightly higher volume

EONC 01/08 Test 18 3.99 +0.07 4.12 5.18 47K 240K 3.93
Current. Moving up on lower volume showing a doji just under the 18 day MVA. Needs to hold here.

FMTI 01/17 Cup hdl 4.78 +1 3.48 4.35 1.4M 228K 3.38
Target Hit. Took some of the money off the table as the stock made an explosive move on excellent volume.

GEMS 01/27 Test BO 3.77 +0.05 4.04 5.25 311K 1.4M 3.92
Buy Not Hit. Moving up on lower volume after testing the break out.

IMOS 12/26 A Wedge 12.85 -0.2 8.75 10.68 379K 552K 12.72
Current. Making a lateral move just above the 18 day MVA on low volume.

IONA 12/20 Test BO 7.27 +0.02 5.96 7.58 229K 600K 6.68
Current. Continue with lateral move showing a tight doji on below average volume.

IRM 01/17 Test BO 41.01 -0.61 42.22 50.72 290K 492K 41.25
Buy Not Hit. Gapped up at the open, but reversed holding just below the 18 day MVA on below average volume. Needs to hold here or will look to drop.

IVIL 12/23 Flat 5.03 +0.51 3.59 4.52 805K 340K 4.12
Current. Great move up the 10 day MVA on strong volume surge.

JNPR 01/31 Test BO 28.56 -0.27 29.48 35.45 13M 15M 27.48
Buy Not Hit. Making a lateral move on average volume.

MAXM 12/01 Rv H&S 9.19 -0.29 8.09 9.88 178K 227K 9.22
Exited. Issued a trailing stop as stock fell below the 18 day MVA on rising volume.

MEDT 01/21 Cup hdl 6.41 +0.66 6.06 7.48 834K 200K 5.48
Current. Gapped way down at the open and rallied for an explosive move on very strong volume surge.

MKTY 01/17 Test BO 6.47 -0.58 6.98 8.42 199K 175K 6.71
Exited. Exited as stock tanked on stronger above average volume.

NANX 01/27 Test BO 12.82 -0.14 14.28 17.06 639K 1M 12.67
Current. More volatileshowing a doji on the 10 day MVA on higher, but still below average volume. Testing the break out.

NEWP 01/29 Test BO 20.42 +0.35 21.55 25.88 702K 561K 20.04
Buy Not Hit. Tested the 18 day MVA and rallied on lower, but still above average volume. Moving up after testing the break out.

NOVA 01/03 Test 18 4.78 -0.14 3.77 4.89 71K 105K 4.48
Current. Pull back on below average volume. Still in good shape.

NOVL 11/22 Test BO 13.21 +0.53 8.88 10.68 16M 10M 11.78
Current. Gapped up at the open and continued to run up the 10 day MVA for a nice gain on strong volume.

NUFO 01/05 Dbl btm 5.91 -0.06 5.72 6.94 222K 596K 5.77
Current. Pull back on below average volume. Moving up after testing the break out.

OCLR 12/22 Flat 30.13 -0.43 29.51 35 59K 135K 30.32
Current. Volatile sessionw tih 30.93 at the high and 29.05 at the low (50 day MVA) showing a doji just below the 18 day MVA on below average volume. Held above support.

OHI 12/08 Flat 10.55 +0.16 8.71 10.48 110K 200K 10.02
Current. Moving up on lower volume after testing the break out.

ONNN 12/16 Test BO 7.45 +0.45 7.42 8.88 5M 3.4M 7.54
Current. Bounced off support at 7 and rallied for a nice move on stronger volume surge. Held at the 10 day MVA

OTE 12/20 Cup hdl 7.95 +0.3 6.52 8.15 266K 135K 7.54
Nice move up the 10 day MVA on lower, but still strong volume.

OTEX 01/05 Flat 25.99 +0.51 21.33 25.48 564K 650K 24.32
Current.

PEGA 01/07 Cup hdl 10.17 -0.24 9.88 11.82 68K 146K 10.32
Current. Continue to pull back below the 18 day MVA on low volume. Testing the break out.

PROX 01/24 Cup hdl 2.44 +0.06 2.84 3.77 1.7M 3.5M 2.64
Current. Tested the 18 day MVA and rallied showing a doji on the 10 day MVA on low volume. Moving up after testing the break out.

QTWW 01/26 Cup 8.7 -0.3 10.36 12.55 230K 506K 9.63
Buy Not Hit. Thudded down below the 18 day MVA on rising volume. The stock has not made the move we were looking for so will drop, but will keep our eye on it.

RWY 11/04 Cup hdl 8.86 -0.04 6.24 7.85 37K 146K 8.48
Current. Making a lateral move on low volume showing a doji.

SEAC 01/24 Test BO 19.78 -0.40 19.77 23.58 1.2M 600K 19.22
Current. Gapped up at the open tapping 21.88 at the intraday high, but reversed on strong volume surge. May test back to 19 as the stock tests the break out.

SINA 01/07 DB hdl 46.89 +1.2 43.62 52 4.9M 12M 44.88
Current. Continue to move up on below average volume after testing the break out.

SMTS 01/28 DB hdl 9.15 -0.45 9.51 11.48 414K 117K 8.78
Current. Gapped up at the open, but reversed on very strong volume. Managed to retain some of Friday's great move. May test back to the 10 day MVA.

SNUS 01/13 Test BO 7.96 +0.46 7.69 9.22 137K 175K 7.15
Current. Gapped up at the open and rallied for a great move on rising volume after testing the break out.

SVVS 01/14 BO 3.45 +0.12 2.2 2.82 810K 393K 2.99
Current. Continue to move up on lower volume after testing the break out.

SYMM 01/08 Cup 10.14 +0.05 8.28 10 564K 346K 9.58
Current. Continue to move up the 10 day MVA showing a doji on lower, but still strong volume.

TFSM 01/31 Cup hdl 1.98 +0.03 2.11 2.75 2.5M 4.4M 1.94
Buy Not Hit. continue to move up showing a doji on slightly higher volume, but still below average volume.

TKLC 01/30 Test BO 20.14 -0.21 20.32 24.35 1.1M 750K 18.89
Current. Pull back on much lower volume, but still strong volume. Still in uptrend.

TPTH 01/31 BO 10.25 -0.20 10.55 12.66 341K 300K 9.96
Buy Not Issued. Gapped up at the open and reversed on much lower, but still above average volume. Still moving up the 10 day MVA.

TQNT 01/10 Cup 8.48 -0.09 9.38 11.06 1.7M 3.6M 8.72
Current. Pull back on lower volume beginning to make a lateral move.

TSCO 06/03 Rv H&S 42.22 -0.13 23.42 27.62 304K 603K 39.88
Current. Making a lateral move showing a tight doji on the 10 day MVA on low volume.

TSCO 04/24 Cup hdl 42.22 -0.13 21.88 26 304K 603K 39.88
Current.

TTMI 01/05 Rv H&S 17.38 -0.12 18.75 22.72 907K 725K 18.65
Current. Gapped down at the open, but managed to recover some of the loss on stronger above average volume. May test back to the 50 day MVA.

TUTR 01/08 A Wedge 11.61 -0.16 12.57 15.12 26K 284K 11.84
Current. Pull back on very low volume. Held above support.

TUTS 12/29 Test 18 7.08 -0.18 7.19 8.94 144K 175K 6.98
Current. Pull back showing a doji between the 10 and 18 day MVA on rising volume. Still in good shape.

VAR 10/28 Cup hdl 84.82 +1.88 64.5 74.25 1.1M 1.1M 78.62
Current. Nice move up the 10 day MVA on strong volume.

WMS 11/21 Dbl btm 28.81 -0.24 25.83 31.22 242K 650K 27.72
Current. Pull back on below average volume. Still in uptrend.

WWCA 01/29 Test BO 22.66 0 22.62 27.15 2.4M 2M 21.68
Buy Not Issued. Tapped 23.30 at the high, but gave it back showing a tight doji on stronger above average volume. Doji may indicate a change in pattern.

Downside Plays

Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop

AFCO 01/28 Put 34.44 +0.44 33.06 30.38 179K 305K 35.25
Current. Moved up off the 50 day MVA tapping 35.36 at the intraday high, but gave it back on rising volume. Needs to break through the 50 day MVA and roll over from there.

CELG 01/28 Put 41.75 +1.28 40.62 38.24 1.9M 225K 42.22
Current. Rallied tapping 42.33 at the intraday high, but could not hold falling below the 10 day MVA on stronger above average volume. Stock may rally up to the 10 day MVA, but needs to roll over from there.

NSM 01/27 Put 37.6 -0.88 37.42 33 4.1M 4M 38.62
Buy Not Issued. Moved down on lower, but still above average volume.

XRAY 01/31 Put 42.6 +0.59 41.88 38.38 725K 550K 42.45
Buy Not Issued. Relief bounce on much lower, but still above average volume. Needs to roll over from here.

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.

stock recommendation
stock option