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stock split, stock recommendation
Begin part 2 of 2
Full report issues Tuesday.
THE PLAYS
In each report we prepare full write-ups for those plays that look ready to move. Those that have made the move or are still setting up are discussed in the continuing play table. The purpose is to focus on those stocks that are set to move.
Good movers Monday: AGN; APOL; BCR; CAKE; CEC; CENT; CHS; CHT CLKS; COH; EVCI; IGT; MBG; MBT; POG; SYMC; TOL; UOPX
NEW PLAYS: Lots of good moves Monday in these great leadership stocks. We will have some more new pre-announcement plays Tuesday as more solid leaders set up.
New Leader Plays: May or may not turn into split candidates, but good patterns ready to move.
Play Date: 03/01/2004
ALVR (Alvarion--$14.70; +0.25; optionable): Telecom equipment
http://biz.yahoo.com/p/a/alvr.html
STATUS: Ascending triangle. Moving up the 50 day MVA (12.91), making higher lows below the constant top at 15. Volume surged Friday as it tried the breakout but faded. Monday it was back in the game with strong volume. It is working in a short 6 week base showing solid 3 to 0 accumulation (3 up price weeks on rising volume versus 0 down price weeks on rising volume); that and the bounces off the 50 day MVA show there is very solid money backing this stock. Breakouts from these patterns can be explosive. Looking for one here.
Volume: 1.76M Avg Volume: 778.818K
BUY POINT: $15.06 Volume=1.2M Target=$18.12 Stop=$14.01
POSITION: QBY FC - June $15c (52 delta) &/or Stock
http://www.investmenthouse.com/cs/alvr.html
Play Date: 03/01/2004
TTP (Titan Pharmaceuticals--$4.20; +0.31; no options): Biotechnology
http://biz.yahoo.com/p/t/ttp.html
STATUS: Test 50 day MVA. TTP broke out of an 11 week base in mid-January and ran to 4.50 on this high. Nice move and now it has come back to test the breakout, holding over the 50 day MVA (3.64). solid accumulation in the prior base at 7 to 1. Monday the stock was breaking higher on strong trade, just what you want to see on the move off the 50 day. Good start to the second leg. Ready to move in on another good volume move.
Volume: 454.8K Avg Volume: 228K
BUY POINT: $4.32 Volume=342K Target=$5.25 Stop=$4.02
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/ttp.html
CONTINUING PLAYS
* * 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://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 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
ABTL 02/20 Rv H&S 13.97 +0.07 13.12 15.85 269K 775K 13.12
Current.
ABTL 01/31 Rv H&S 13.97 +0.07 12.83 15.45 269K 775K 13.12
Current.
AGN 01/13 Cup hdl 89.51 +1.97 84.46 94 889K 1.2M 85.94
Current.
APOL 01/24 Test 18 79.67 +3.44 73.25 82 1.8M 3M 75.96
APOL 12/01 DB hdl 79.67 +3.44 70.72 82 1.8M 2.9M 75.96
Current.
APOL 11/22 DB hdl 79.67 +3.44 66.54 82 1.8M 2.9M 75.96
Current.
ATVI 02/24 Test BO 21.18 +0.17 20.65 23.75 1.7M 2.3M 19.88
Buy Not Issued.
BCR 12/17 Rv H&S 97.26 +2.87 80.93 92.95 415K 500K 92.38
Current.
BMET 02/28 Test 50 39.29 +0.31 40.22 47 1.4M 2M 38.88
Buy Not Hit.
BR 02/28 Test 50 59.32 +0.78 58.78 62.78 1.5M 1.5M 56.76
Buy Not Hit. Was good enough to enter but we hesitated.
BRL 02/17 DB hdl 77.94 +0.53 78.22 85.75 342K 700K 76.12
Buy Not Issued.
BRNC 02/05 A Wedge 3.2 +0.04 3.55 4.65 39K 112K 3.24
Current.
CAKE 02/28 BO 48.41 +1.18 48.35 56 827K 650K 45.94
Current.
CALM 01/29 Cup hdl 37.99 +0.51 36.62 43.75 205K 650K 37.05
Current.
CEC 02/21 Cup hdl 55.6 +1.03 52.44 57.35 274K 272K 52.54
Current.
CENT 01/22 Test BO 36.11 +1.54 33.05 39 236K 200K 33.87
Current.
CHS 02/24 Test BO 43.8 +1.05 42.68 49 829K 1.1M 40.29
Buy Not Issued.
CHT 01/22 Cup hdl 16.94 +0.5 15.75 18.92 400K 1.1M 16.12
Current.
CHU 02/23 Test BO 13.12 +0.35 12.88 15.45 685K 800K 11.98
Buy Not Issued.
CLKS 02/26 Cup hdl 2.66 +0.2 2.57 3.22 1.3M 301K 2.38
Current.
CLZR 02/21 Test BO 23.8 +1.32 22.65 26 166K 235K 22.38
Solid jump off the 18 day MVA. Volume still below
average but a solid move for a pre-split.
COH 02/28 DB hdl 41.73 +2.1 41.66 47.88 2.5M 2.5M 39.28
Current.
DCOM 02/28 Flat 31.19 -0.34 32.17 37 162K 200K 30.45
Buy Not Hit.
DKS 02/26 Test BO 58.73 +0.76 57.25 66.35 132K 400K 55.08
Buy Not Issued.
DNA 01/03 Test BO 106.25 -1.64 95.44 102 3.3M 3M 104.88
Current.
DVA 01/21 A Wedge 46.35 +0.84 40.12 46 411K 504K 43.88
Current.
EAR 02/14 Dbl btm 2.68 -0.01 2.64 3.22 256K 601K 2.64
Current.
EBAY 08/02 PreSplt 69.23 +0.53 53.78 60 4.2M 9M 67.48
Current.
EBAY 03/08 BO 69.23 +0.53 40.04 46 4.2M 8M 67.48
Current.
ELAB 01/22 BO 58.1 +0.2 59.98 68 289K 499K 57.96
Current.
ETN 01/31 Test 18 59.89 +1.35 116.88 123.5 959K 900K 119.48
EVCI 02/18 Test BO 10.7 +1.06 8.68 10.39 384K 228K 8.88
Current.
EXC 02/28 Flat 67.18 +0.04 67.38 71.38 957K 1.2M 65.88
Buy Not Issued.
FOSL 01/20 DB hdl 34.35 -0.41 31.95 37 246K 300K 32.96
Current.
IDCC 02/14 Cup hdl 27.15 +0.59 26.79 32.32 493K 935K 25.44
Current.
IDXX 02/02 DB hdl 52.12 +1.05 50.22 58 414K 500K 49.94
IGT 09/16 Rv H&S 41.59 +2.35 29.05 34.55 8M 4.7M 37.55
Current.
INTL 02/19 Test BO 31.55 +1.3 31.12 35.88 229K 458K 29.05
Buy Not Issued.
LM 02/07 FlyPlat 94.83 +0.49 92.24 102 254K 550K 91.97
Current.
LOW 02/21 Cup hdl 56.75 +0.75 58.75 67.55 2.4M 5.2M 56.75
Buy Not Hit.
LXK 12/30 Rv H&S 82.82 +0.53 83.12 94 659K 2M 80.55
Buy Not Issued.
MBG 11/18 Cup hdl 52.97 +1.57 44.3 53 961K 1.8M 50.22
Current.
MBT 01/03 Cup 110.02 +2.77 88.39 99.95 323K 412K 102.55
Current.
MIK 02/21 Cup hdl 48.87 +0.83 48.44 55.72 287K 815K 46.22
Buy Not Issued.
MVIS 02/11 Cup 10.29 +0.2 9.15 11 220K 200K 9.55
Current.
NATI 02/14 Test 18 34.41 -0.15 33.44 38.68 321K 300K 33.22
Current.
NMGA 01/24 A Wedge 57 +0.52 55.39 63.75 181K 254K 56.88
ORLY 02/24 DB hdl 40.78 +0.15 41.81 48 177K 421K 40.25
Buy Not Hit.
OSI 02/07 Test 50 48.64 +0.25 48.68 51.96 1.1M 650K 47.22
Current.
POG 02/26 Rv H&S 52.45 +1.39 50.58 55.88 642K 458K 48.38
Buy Not Issued.
PRFT 02/14 Test BO 4.1 -0.19 4.38 5.48 166K 229K 4.07
Buy Not Hit.
QCOM 02/25 Test BO 62.75 -0.34 63.03 72 9.6M 11M 60.44
Current.
RJF 02/17 Dbl btm 38.21 -0.01 39.62 44.55 128K 304K 37.95
Buy Not Hit.
SBUX 07/30 Cup 37.83 +0.43 30.35 36.75 3.2M 6M 36.68
Current.
SBUX 07/01 Cup 37.83 +0.43 26.3 30.94 3.2M 6M 36.68
Current.
SLAB 01/31 Cup hdl 57.9 +1.53 51.12 58 1.2M 1.9M 54.62
Current.
SONC 01/10 Test BO 35.58 +1.64 33.68 41 312K 562K 32.62
Buy Not Issued.
SPAB 02/10 A Wedge 3.57 -0.01 3.49 4.35 53K 451K 3.25
Current.
SSNC 02/24 Test 18 49.47 -1.32 47.38 53.45 255K 250K 50.32
Buy Not Issued.
STJ 01/13 Cup hdl 74.48 +1.83 64.68 75 1.1M 2.2M 72.12
Current.
SYK 12/29 A Wedge 89.24 +0.51 88.75 100 530K 745K 89.11
Current.
SYMC 02/05 FlyPlat 41.99 +1.04 40.94 46.88 5M 6M 40.05
Current.
TASR 02/10 Test BO 54.08 -0.37 45.88 54.55 1.5M 1M 53.45
Current.
TOL 01/27 Cup hdl 45.37 +1.47 42.71 51 1.9M 1.2M 41.68
Current.
TSCO 01/24 Cup 43.28 +0.46 45.22 55 227K 719K 42.05
Buy Not Hit.
TSCO 07/29 Test BO 43.28 +0.46 28.06 31.44 227K 494K 41.55
Current.
TSCO 07/05 Test 50 43.28 +0.46 26.62 30 227K 500K 41.55
Current.
TSCO 06/03 Rv H&S 43.28 +0.46 23.42 27.62 227K 603K 41.55
Current.
TSCO 04/24 Cup hdl 43.28 +0.46 21.88 26 227K 603K 41.55
Current.
TSCO 04/03 Rv H&S 43.28 +0.46 19.3 22.19 227K 577K 41.55
Current.
ULTI 02/09 Cup hdl 13.2 +0.12 11.38 13.62 165K 120K 12.33
Current.
UOPX 11/03 Test 50 84.12 +3.76 71.12 84 267K 315K 80.55
Current.
UOPX 10/25 Test 50 84.12 +3.76 68.95 82 267K 315K 80.55
Current.
VAPH 02/24 Test BO 30.3 +3.01 29.02 35 1.6M 850K 26.99
Current.
VAR 10/28 Cup hdl 85.21 +1.47 64.5 74.25 370K 1.1M 81.88
Current.
VIP 01/03 Test BO 88.68 +3.79 73.34 85 358K 615K 79.97
Current.
WRLS 02/19 A Wedge 16.45 +0.39 16.45 19.45 215K 300K 14.72
Current.
XLNX 02/26 Flat 42.65 +0.66 43.22 49.75 5.7M 10M 40.92
Buy Not Hit.
XTO 02/19 Test 18 30.71 +0.87 28.42 31.75 1.1M 1.2M 28.91
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
$SOX 02/23 H&S 513.11 +10.85 492.24 475 0 0 500.38
Current.
^OEX 02/04 Put 569.43 +4.89 558 546 0 1.3M 561.25
Exited.
ANSI 02/25 Put 42.62 -0.24 43.74 40.68 342K 250K 45
Buy Not Issued.
HUM 02/04 Put 21.5 -0.42 21.65 20 1.4M 1.9M 21.94
Current.
SNDK 02/23 Put 28.3 +2.88 23.76 20.25 17M 11M 25.52
Exited.
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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