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stock split, stock recommendation
Begin part 2 of 3
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 Friday: ALVR; BR; BRL; DNA; LXK; MBG; EBAY; QCOM; TOL; TTP; VAPH; WRLS
NEW PLAYS: This section includes plays from all sections other than pre-announcements. Those are contained in the pre-announcement section.
New Post-Splits:
Play Date: 03/08/2004
INTV (Intervoice-Brite--$12.90; +0.20; no options): Telecom processing systems.
http://biz.yahoo.com/p/i/intv.html
STATUS: Flat base. Okay, this is not really a post-split; it last split in early 1999. Now that is cleared up, ENCY is working through a 9 week flat base that has formed over the 50 day MVA (12.17). That shows money has come in to support the stock as it works laterally. Accumulation in the stock is excellent at 5 to 0 (5 up price weeks on rising volume to 0 down price weeks on rising volume). Combined with holding the 50 day MVA during the base, that is a sign of very good support. Monday volume jumped as INTV moved higher though it gave back most of the gain. Not bad action at all in a market that rolled over, and we are looking for it to make the breakout move when this bout of selling is through, maybe even before.
Volume: 700.852K Avg Volume: 313.954K
BUY POINT: $13.62 Volume=500K Target=$16.35 Stop=$12.67
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/intv.html
New Leader Plays: May or may not turn into split candidates, but good patterns ready to move.
Play Date: 03/08/2004
ENCY (Encysive Pharma--$10.29; -0.05; optionable): Biotechnology
http://biz.yahoo.com/p/e/ency.html
STATUS: Cup. ENCY may be starting a handle to its 6.5 week base showing strong 3 to 1 accumulation. The handle is the lateral and slightly lower move on low volume where those that bought near the high of the pattern get frustrated that it is stalling at the prior high and sell out. When they are gone the stock is in the hands of those that believe in it (at least for now), and then demand exceeds supply and the stock breaks out on strong trade. Great accumulation and money flow moving up ahead of price. In addition the base formed over the 50 day MVA (9.24), a sign of very good support for the stock.
Volume: 370.35K Avg Volume: 611.318K
BUY POINT: $10.78 Volume=917K Target=$12.95 Stop=$9.94
POSITION: IQE GB - July $10c (61 delta) &/or Stock
http://www.investmenthouse.com/cs/ency.html
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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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
ABGX 03/03 Cup hdl 15.5 -0.24 16.58 19.88 1.4M 2M 15.42
Buy Not Hit.
ABTL 02/20 Rv H&S 12.99 -0.61 13.12 15.85 452K 775K 13.21
Exited.
ABTL 01/31 Rv H&S 12.99 -0.61 12.83 15.45 452K 775K 13.21
Trailing Stop.
AFCI 03/04 Rv H&S 24.63 -0.92 26.75 32 1.2M 2.5M 24.88
Buy Not Hit.
AGN 01/13 Cup hdl 89.75 +0.42 84.46 94 652K 1.2M 87.21
Current.
ALVR 03/01 A Wedge 15.4 -1.33 15.59 18.48 3M 1.2M 15.62
Current.
APOL 01/24 Test 18 80.41 -0.13 73.25 82 1.6M 3M 77.35
APOL 12/01 DB hdl 80.41 -0.13 70.72 82 1.6M 2.9M 77.35
Current.
APOL 11/22 DB hdl 80.41 -0.13 66.54 82 1.6M 2.9M 77.35
Current.
ATVI 02/24 Test BO 20.91 -0.52 20.65 23.75 782K 2.3M 19.88
Buy Not Issued.
BCR 12/17 Rv H&S 94.02 -0.64 80.93 92.95 179K 500K 93.38
Current.
BMET 02/28 Test 50 37.73 -0.51 40.22 47 2.8M 2M 38.88
Buy Not Hit.
BR 02/28 Test 50 61.43 -0.28 59.88 63.78 1.4M 1.5M 60.12
Current.
BRL 02/17 DB hdl 77.73 -0.77 78.22 85.75 603K 700K 76.22
Current.
BRNC 02/05 A Wedge 3.11 +0.01 3.55 4.65 66K 112K 3.24
Current.
CAKE 02/28 BO 48.85 +0.1 48.35 56 292K 650K 47.35
Current.
CALM 01/29 Cup hdl 36.8 -0.4 36.62 43.75 174K 650K 37.05
Current.
CDWC 03/06 Test BO 71.47 -0.16 72.55 82 744K 1.2M 70.35
Buy Not Hit.
CEC 02/21 Cup hdl 57.31 +0.39 52.44 57.35 341K 272K 56.65
Target Hit.
CENT 01/22 Test BO 36.9 -0.59 33.05 39 66K 200K 35.68
Current.
CHS 02/24 Test BO 46.39 -0.96 42.68 49 2.4M 1.1M 45.94
CHT 01/22 Cup hdl 17.63 +0.18 15.75 18.92 412K 1.1M 16.88
Current.
CHU 02/23 Test BO 12.37 -0.21 12.88 15.45 309K 800K 11.98
Buy Not Issued.
CLKS 02/26 Cup hdl 2.69 0 2.57 3.22 159K 301K 2.48
Current.
CLZR 02/21 Test BO 23.86 +0.97 22.65 26 172K 235K 22.38
COCO 03/04 PreSplt 62.6 -0.53 63.65 70 270K 1.6M 60.75
Buy Not Issued.
COH 02/28 DB hdl 43.67 +0.42 41.66 47.88 1.4M 2.5M 40.96
Current.
DCOM 02/28 Flat 30.93 -1.03 32.17 37 157K 200K 30.45
Buy Not Hit.
DKS 02/26 Test BO 58.66 -0.8 58.78 67 187K 400K 57.25
Buy Not Issued.
DNA 01/03 Test BO 112.01 -1.26 95.44 102 3.7M 3M 109.94
Current.
DVA 01/21 A Wedge 45.97 -0.27 40.12 46 222K 504K 44.68
Current.
EAR 02/14 Dbl btm 2.61 0 2.64 3.22 98K 601K 2.64
Current.
EBAY 03/06 Flat 69.83 +0.52 71.78 82.25 14M 10M 68.15
Current.
EBAY 08/02 PreSplt 69.83 +0.52 53.78 60 14M 9M 67.48
Current.
EBAY 03/08 BO 69.83 +0.52 40.04 46 14M 8M 67.48
Current.
ECOL 03/02 Dbl btm 7.95 +0.18 8.38 10.12 59K 150K 7.79
Buy Not Hit.
ETN 01/31 Test 18 59.79 -0.77 58.44 61.75 927K 900K 59.48
EVCI 02/18 Test BO 10.24 -1.18 8.68 10.39 342K 228K 10.04
Current.
EXC 02/28 Flat 67.67 -0.01 67.38 71.38 586K 1.2M 65.88
Buy Not Issued.
FOSL 01/20 DB hdl 33.8 -0.81 31.95 37 87K 300K 32.96
Current.
HUG 03/02 Flat 49.9 -0.51 50.62 58.25 74K 314K 48.42
Buy Not Issued.
IDCC 02/14 Cup hdl 26.29 -0.97 26.79 32.32 512K 935K 26.15
Current.
IDXX 02/02 DB hdl 49.8 -0.47 50.22 58 115K 500K 49.94
IGT 09/16 Rv H&S 41.86 -0.35 29.05 34.55 1.9M 4.7M 40.38
Current.
INTL 02/19 Test BO 30.12 -0.38 31.12 35.88 288K 458K 29.05
Buy Not Issued.
JEF 03/02 Flat 38.32 -0.19 38.38 44 620K 600K 36.97
Buy Not Issued.
LM 02/07 FlyPlat 93.54 -1.02 92.24 102 175K 550K 92.92
Current.
LOW 02/21 Cup hdl 54.51 -0.96 58.75 67.55 3M 5.2M 56.75
Buy Not Hit.
LXK 12/30 Rv H&S 81.86 -1.62 83.65 94 714K 2M 80.92
Current.
MBG 11/18 Cup hdl 55.6 +0.34 44.3 53 1.4M 1.8M 52.62
Current.
MBT 01/03 Cup 113.11 -0.15 88.39 99.95 114K 412K 108.65
Current.
MICC 03/04 FlyPlat 21.12 -1.23 23.05 27.68 361K 550K 21.44
Buy Not Issued. Pull back on lower, but still above average volume. Stock has not made the move we were looking for so will drop, but will keep our eye on it.
MIK 02/21 Cup hdl 48.25 -0.32 48.44 55.72 368K 815K 46.22
Buy Not Issued.
MRVL 03/06 PreSplt 42.17 -1.68 44.85 50.85 1.7M 4.2M 43.38
Buy Not Hit.
MSCC 03/04 A Wedge 15.6 -0.35 16.55 19.92 474K 700K 15.52
Buy Not Hit.
MVIS 02/11 Cup 10.76 +0.51 9.15 11 137K 200K 9.98
Current.
NATI 02/14 Test 18 33 -0.96 33.44 38.68 200K 300K 33.42
Exited.
NCEN 03/06 A Wedge 50.68 -0.59 51.52 61 980K 1.2M 48.24
Buy Not Issued.
NMGA 01/24 A Wedge 58.47 -0.71 55.39 63.75 182K 254K 57.22
NUS 03/02 Test 50 20.62 -0.65 21.08 25.15 243K 455K 19.91
Current.
ORLY 02/24 DB hdl 39.24 -0.66 41.81 48 390K 421K 40.25
Buy Not Hit.
OSI 02/07 Test 50 49.2 +0.27 48.68 51.96 470K 650K 47.68
Current.
POG 02/26 Rv H&S 26.36 +0.03 50.58 55.88 696K 458K 48.38
Buy Not Issued.
PRFT 02/14 Test BO 4.08 +0.01 4.38 5.48 109K 229K 4.07
Buy Not Hit.
PSUN 03/06 Test 50 23.94 -0.49 25.04 30 834K 2.4M 24.15
Buy Not Hit.
QCOM 02/25 Test BO 63.62 -0.26 63.03 72 11M 11M 61.15
Current.
RJF 02/17 Dbl btm 37.83 -0.92 39.62 44.55 120K 304K 37.95
Buy Not Hit.
SBUX 07/30 Cup 37.46 -0.56 30.35 36.75 3.5M 6M 37.32
Current.
SBUX 07/01 Cup 37.46 -0.56 26.3 30.94 3.5M 6M 37.32
Current.
SLAB 01/31 Cup hdl 55.41 -1.91 51.12 58 1.1M 1.9M 55.38
Current.
SONC 01/10 Test BO 36.13 -0.34 33.68 41 205K 562K 35.12
Buy Not Issued.
SPAB 02/10 A Wedge 4.04 -0.23 3.49 4.35 226K 451K 3.96
Current.
STJ 01/13 Cup hdl 77.56 +1.06 64.68 75 3.3M 2.2M 73.38
Current.
SYK 12/29 A Wedge 92.77 +2.35 88.75 100 1.2M 745K 89.11
Current.
SYMC 02/05 FlyPlat 43.76 -0.34 40.94 46.88 6M 6M 41.22
Current.
TASR 02/10 Test BO 57.09 +8.49 45.88 54.55 18M 1M 53.45
Current.
TOL 01/27 Cup hdl 46.6 -1.14 42.71 51 1.8M 1.2M 44.68
Current.
TSCO 01/24 Cup 43.16 -0.84 45.22 55 223K 719K 42.05
Buy Not Hit.
TSCO 07/29 Test BO 43.16 -0.84 28.06 31.44 223K 494K 42.65
Current.
TSCO 07/05 Test 50 43.16 -0.84 26.62 30 223K 500K 42.65
Current.
TSCO 06/03 Rv H&S 43.16 -0.84 23.42 27.62 223K 603K 42.65
Current.
TSCO 04/24 Cup hdl 43.16 -0.84 21.88 26 223K 603K 42.65
Current.
TSCO 04/03 Rv H&S 43.16 -0.84 19.3 22.19 223K 577K 42.65
Current.
TTI 03/02 Test 50 27.65 +0.25 27.22 31.55 104K 193K 25.64
Buy Not Issued.
TTP 03/01 Test 50 5.3 +0.5 4.59 5.55 907K 342K 4.48
Current.
ULTI 02/09 Cup hdl 12.6 -0.5 11.38 13.62 201K 120K 12.66
Current.
UOPX 11/03 Test 50 81 -1.12 71.12 84 108K 315K 80.55
Current.
UOPX 10/25 Test 50 81 -1.12 68.95 82 108K 315K 80.55
Current.
VAPH 02/24 Test BO 11.8 -1.3 29.02 35 2.5M 850K 34.88
Current.
VAR 03/03 Flat 87.85 +0.5 88.11 100 363K 750K 84.48
Current.
VAR 10/28 Cup hdl 87.85 +0.5 64.5 74.25 363K 1.1M 84.48
Current.
VIP 01/03 Test BO 91.67 +1.1 73.34 85 477K 615K 85.48
Current.
WRLS 02/19 A Wedge 17.74 -0.53 16.45 19.45 241K 300K 16.45
Current.
XLNX 02/26 Flat 39.3 -1.49 43.22 49.75 7.3M 10M 40.92
Buy Not Issued.
YAKC 03/04 Test 50 16.61 +1.01 15.75 19.65 193K 150K 14.65
Buy Not Issued.
ZBRA 03/06 BO 71.22 -1.42 72.92 84 281K 517K 70.24
Buy Not Hit.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
$SOX 02/23 H&S 485.27 -18.98 492.24 475 0 0 492
Current. Plunging lower toward 475.
HUM 02/04 Put 21.53 -0.46 21.65 20 492K 1.9M 21.94
Current.
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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