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stock split, stock recommendation
Begin part 3 of 3
PRE-SPLITS
Play Date: 03/11/2004
ARO (Aeropostale--$35.57; +0.69; optionable): Apparel stores. Splits 3:2 on 4-27-04
http://biz.yahoo.com/p/a/aro.html
STATUS: Test breakout. After the breakout from its 17 week cup base ARO rallied to 36 and then in the market selling it slipped lower, working laterally as it holds the breakout. It is hanging onto most of its gains as the market sells, then surged Friday on rising, average volume. Relative strength is ready to make the next breakout along with relative strength, the kicker to the breakout that shows it is solid. Looks ready for the next break higher to continue the breakout.
Volume: 675.7K Avg Volume: 650.318K
BUY POINT: New: $36.15 (orig. $34.97) Volume=989K Target=$39.52 Stop=$34.32
POSITION: ARO GG - July $35c (44 delta) &/or Stock
http://www.investmenthouse.com/cs/aro.html
Play Date: 03/25/2004
DKS (Dicks Sporting Goods--$56.50; -0.08; optionable): Sporting goods. Splits 2:1 on 4-6-04.
http://biz.yahoo.com/p/d/dks.html
STATUS: 50 day MVA test. Solid, strong volume bounce off the 50 day MVA (54.69) Thursday, but then stalled Friday, going nowhere but doing it on no volume. Friday was a throw away, and we are looking for DKS to continue the Thursday bounce this week as it nears its actual split and starts to build momentum.
Volume: 273.3K Avg Volume: 300.545K
BUY POINT: $56.88 Volume=450K Target=$65.55 Stop=$54.44
POSITION: DKS FL - June $55c (62 delta) &/or Stock
http://www.investmenthouse.com/cs/dks.html
Play Date: 03/16/2004
DWCH (Datawatch--$9.93; +0.18; no options): Business software. Splits 2:1 on 4-9-04
http://biz.yahoo.com/p/d/dwch.html
STATUS: Breakout test. DWCH continues it test of the massive break higher, holding over the 18 day MVA (9.73) on bone dry volume. Money flow remains very strong and relative strength is excellent. Continuing to be patient and waiting for the next break higher on much stronger trade.
Volume: 18.427K Avg Volume: 126.318K
BUY POINT: $10.92 Volume=175K Target=$13.15 Stop=$10.16
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/dwch.html
POST-SPLIT
Play Date: 03/22/2004
LTD (The Limited--$19.6; +0.02; optionable): Apparel stores (The Limited, Victoria's Secret)
http://biz.yahoo.com/p/l/ltd.html
STATUS: 50 day MVA test. Still working laterally over the 18 day MVA (19.40) after a nice move off the 50 day MVA (19.05) and then gap higher on a strong increase in earnings guidance. Volume has jumped the past week as LTD continues to hold a very tight range. That quiet price action while volume starts to swell often indicates a stock is ready to make its move. Looks ready to make the break higher as volume was again stronger and above average.
Volume: 4.976M Avg Volume: 2.744M
BUY POINT: $19.68 Volume=3.9M Target=$23.62 Stop=$18.88
POSITION: LTD HD - Aug. $20c (43 delta) &/or Stock
http://www.investmenthouse.com/cs/ltd.html
CONTINUING PLAYS
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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.
PLAY STATUS: Buy not hit (stock has not hit buy point); Buy not issued (stock has hit buy point but did not enter due to weak volume, poor intraday action, poor market action); Current (ongoing play already entered); Entered today (entered the play that session); Exited (closed the position); Target hit (play hit initial target; will note if took all or partial gain or let run further); Trailing stop (exited using a trailing stop loss).
Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ACV 03/23 FlyPlat 43.8 -0.41 45.62 52 316K 700K 44.12
Buy Not Hit. Continue to pull back on low volume testing the break out.
APOL 01/24 Test 18 85.94 +0.29 73.25 82 1.4M 3M 82.25
APOL 12/01 DB hdl 85.94 +0.29 70.72 82 1.4M 2.9M 82.25
Current. Continue with uptrend pattern on slightly below average volume.
APOL 11/22 DB hdl 85.94 +0.29 66.54 82 1.4M 2.9M 82.25
Current.
APPB 03/13 Test BO 40.34 +0.49 40.55 46.78 418K 739K 39.35
Buy Not Hit. Tested the 10 day MVA and rallied for a nice move on higher, but still below average volume.
ARO 03/11 Test 50 35.57 +0.69 34.97 39.52 676K 989K 34.32
Current. Bounced off the 10 day MVA and rallied on average volume. Moving up the 10 day MVA after testing the 50 day MVA.
BCR 12/17 Rv H&S 93.48 -0.37 80.93 92.95 266K 500K 92.72
Current. Pull back testing the simple 50 day MVA and rallied showing a tight doji on low volume. Still in good shape.
BMET 02/28 Test 50 37.52 -0.45 40.22 47 1.1M 2M 38.88
Buy Not Hit. Continue to pull back below the 50 day MVA on low volume. The stock has not performed so will drop, but will keep our eye on it.
CALM 01/29 Cup hdl 40.05 +0.74 36.62 43.75 418K 650K 38.33
Current. Tested the 10 day MVA and rallied as stock moves up the 10 day MVA on higher, but still below average volume. Came off the day's high of 41.25.
CDWC 03/06 Test BO 66.03 +0.71 70.12 82 1.2M 1.2M 67.72
Buy Not Hit. Moving up tapping the 50 day MVA at the intraday high, but gave much of it back on much lower, but still above average volume. The stock has not performed so will drop.
CEC 02/21 Cup hdl 34.87 -0.38 34.96 38.23 356K 272K 36.68
Current. Pull back holding the 50 day MVA on stronger above average volume. May test back to the simple 50 day MVA.
CFC 03/23 Test 18 92 +0.46 92.25 97.25 1.4M 2.8M 89.95
Buy Not Issued. Moving up holding the 10 day MVA on low volume. Beginning to move up after testing the break out.
CHS 02/24 Test BO 44.83 +0.33 46.22 53.15 845K 1.1M 44.04
Tested the 10 day MVA and rallied on low volume. Moving up after testing the 50 day MVA.
CHT 01/22 Cup hdl 17.26 -0.04 15.75 18.92 387K 1.1M 17.06
Current. Gapped way down at the open and rallied on much higher, but still average volume. Beginning to make a lateral move.
CLZR 03/13 Test BO 12.96 -0.56 14.15 16.98 312K 308K 12.88
Current. Pull back testing the 18 day MVA and rallied holding just above the 18 day MVA on low volume. Still in good shape.
CMRG 03/18 Cup hdl 9.92 +0.37 9.92 11.94 703K 585K 9.23
Entered today. Explosive move on stronger above average volume.
CNMD 03/23 Test 50 27.3 +0.01 28.42 34 356K 240K 27.18
Buy Not Hit. Making a lateral move on the 50 day MVA showing a tight doji on very strong volume. Doji may indicate a change in pattern.
COH 02/28 DB hdl 41.55 -0.02 41.66 47.88 943K 2.5M 40.96
Current. Making a lateral move above the 10 day MVA showing a doji on low volume.
DGX 03/20 Cup hdl 82.1 +1.09 85.97 100 359K 973K 81.72
Buy Not Hit. Moved up holding just above the 10 day MVA on low volume. Still in the pattern.
DKS 03/25 Test 50 56.5 -0.08 56.88 65.55 273K 450K 54.44
Buy Not Issued. Pull back showing a tight doji on low volume. Making a lateral move above the 10 day MVA
DNA 03/13 Test BO 103.64 -1.64 106.92 118 1.8M 4M 104.38
Buy Not Hit.
DNA 01/03 Test BO 103.64 -1.64 95.44 102 1.8M 3M 105.12
Current. Pull back holding below the 10 day MVA on low volume. Moving up after testing the 50 day MVA.
DWCH 03/16 Test BO 9.93 +0.18 10.92 13.15 18K 175K 10.16
Buy Not Hit. Moving up holding below the 10 day MVA on low volume. Making a lateral move between the 10 and 18 day MVA.
EAT 03/09 Test BO 37.28 -0.24 39.06 46.88 410K 950K 37.88
Buy Not Hit. Pull back holding below the 10 day MVA on low volume. Moving up after testing the 50 day MVA.
EBAY 03/06 Flat 66.8 -0.83 71.78 82.25 5.3M 10M 66.55
Current. Pull back holding the 50 day MVA on low volume. Still in good shape. Looking for a bounce off the 50 day MVA.
EBAY 08/02 PreSplt 66.8 -0.83 53.78 60 5.3M 9M 66.55
Current.
EBAY 03/08 BO 66.8 -0.83 40.04 46 5.3M 8M 66.55
Current.
ENCY 03/08 Cup 9.39 -0.21 10.78 12.95 309K 917K 9.94
Buy Not Hit. Pull back tapping 9.29 at the low and rallied holding the 50 day MVA on low volume. Looking for a bounce off the 50 day MVA
ESRX 03/24 Cup hdl 73.23 -0.77 75.24 86 914K 1.4M 71.95
Buy Not Hit. Pull back holding at the 18 day MVA on low volume. Still in the pattern.
EVCI 02/18 Test BO 12.35 +0.19 8.68 10.39 303K 228K 11.22
Current. More volatile with 12.06 at the low and 12.98 at the high showing a doji on stronger above average volume. Doji may indicate a change in the pattern. Moving up the 10 day MVA.
FINL 03/16 Test 50 36.59 +1.19 35.55 41 836K 661K 34.58
Current. Gapped up and continued with a nice rally up the 10 day MVA on stronger above average volume. Needs to break through resistance at 37.17.
FOSL 03/13 Test BO 32.4 -0.77 33.82 39 425K 310K 32.35
Buy Not Issued. Tapped 33.59 at the intraday high, but gave it back and more on stronger above average volume. The stock has not performed so will drop, but will keep our eye on it.
GTK 03/18 Test 50 59 0 58.55 66.78 414K 904K 57.68
Current. Beginning to make a lateral move above the 10 day MVA on low volume. Moving up after testing the break out.
HOV 03/11 Cup hdl 86.56 -0.03 88.75 99 451K 1.4M 85.22
Buy Not Issued. Tested the 18 day MVA and rallied showing a tight doji just above the 10 day MVA on low volume. Making a lateral move after testing the break out.
HUG 03/02 Flat 50.5 +0.2 50.62 58.25 136K 314K 50.62
IDSA 03/16 Test BO 33.12 +4.92 30.38 36 1.5M 2M 32
Entered today. Tested the 18 day MVA and rallied for an explosive move on strong volume surge.
IDXX 02/02 DB hdl 54.98 -1 50.22 58 614K 500K 53.54
Pull back testing the 10 day MVA and rallied on very strong volume surge. Needs to break through resistance at 56.10.
IGT 03/24 BO 44.68 -0.19 44.25 66.78 2M 3M 42.52
Current. Pull back on low volume. Still in uptrend pattern.
IGT 09/16 Rv H&S 44.68 -0.19 29.05 34.55 2M 4.7M 41.68
Current.
INTV 03/08 Flat 15.91 +0.89 13.91 16.85 1.6M 500K 14.76
Current. Explosive move up the 10 day MVA on very strong volume surge.
JOSB 03/13 Test BO 37.22 +0.44 39.48 45.45 186K 500K 36.72
Buy Not Issued. Moving up the 10 day MVA on low volume after testing the break out.
KFY 03/18 Cup hdl 15.6 +0.5 14.46 17.35 677K 300K 14.38
Current. Nice move up the 10 day MVA on excellent volume surge.
LTD 03/22 Test 50 19.6 +0.02 19.68 23.62 5M 3.9M 18.88
Buy Not Issued. Beginning to make a lateral move showing a doji just above the 10 day MVA on stronger above average volume. Doji may indicate a change in pattern
LXK 12/30 Rv H&S 89.4 -0.91 83.65 94 502K 2M 86.55
Current. Pull back on low volume. Needs to break through resistance at 90.31.
MAMA 03/16 Test BO 10.87 +0.2 10.04 13.12 4.4M 6M 10.21
Current. Moving up the 10 day MVA on higher, but still below average volume.
MBG 11/18 Cup hdl 56.07 +1.46 44.3 53 1.4M 1.8M 53.44
Current. Nice move up the 10 day MVA on lower, but still strong volume.
MBT 01/03 Cup 121.76 -1.31 88.39 99.95 285K 412K 114.95
Current. Pull back showing a doji on much lower, but average volume. Still in uptrend pattern.
MIK 02/21 Cup hdl 47.28 -0.17 48.44 55.72 187K 815K 46.22
Buy Not Issued. Pull back tapping 46.85 at the low and rallied showing a tight doji on the 10 day MVA on low volume. Still in good shape.
NUS 03/02 Test 50 19.73 -0.26 21.08 25.15 130K 455K 19.48
Current. Pull back holding below the simple 50 day MVA on low volume. Moving up after testing the break out.
NVDA 03/24 Test 50 24.35 -0.07 23.94 28.75 4.6M 6M 22.38
Current. Pull back showing a tight doji on average volume. Beginning to make a lateral move.
OSI 02/07 Test 50 48.6 -0.05 48.68 51.96 376K 650K 47.72
Current. Beginning to make a lateral move above the 10 day MVA on average volume.
PDCO 03/09 Flat 67.27 -0.56 70.12 81 456K 759K 66.65
Buy Not Issued. Pull back showing a doji on the simple 50 day MVA on much higher, but still below average volume. Still in good shape.
PDQ 03/23 Test BO 11.49 +0.07 11.52 13.85 143K 350K 10.94
Buy Not Issued. Tested the 10 day MVA and rallied on low volume. Needs to clear resistance at 11.75
PG 03/13 Test BO 103.95 -0.59 104.92 115 2.7M 4.2M 103.25
Buy Not Issued. Pull back testing the 10 day MVA and rallied on low volume. Still in the pattern.
POOL 03/25 Cup hdl 35.81 -0.21 36.62 43 99K 227K 34.06
Buy Not Hit. Tapped 36.45 at the high, but gave most of it back showing a doji on low volume. Moving up after testing the break out.
PSUN 03/06 Test 50 24.32 +0.28 25.04 30 1M 2.4M 24.15
Buy Not Hit. Moving up the 10 day MVA on low volume.
QCOM 02/25 Test BO 61.76 -1.16 63.03 72 7.3M 11M 63.12
Current. Pull back holding below the 18 day MVA on low volume. Holding above support.
RVI 03/20 Test BO 6.82 +0.13 7.12 8.98 198K 155K 6.72
Buy Not Hit. Moving up holding the 10 day MVA on strong volume surge. Testing the break out.
SBUX 03/22 Test 50 36.82 -0.47 37.52 45 2.7M 4.5M 36.25
Buy Not Hit.
SBUX 07/30 Cup 36.82 -0.47 30.35 36.75 2.7M 6M 37.32
Current. Pull back below the simple 50 day MVA on low volume. Still in good shape.
SBUX 07/01 Cup 36.82 -0.47 26.3 30.94 2.7M 6M 37.32
Current.
SLAB 01/31 Cup hdl 52.21 +0.08 51.12 58 1.1M 1.9M 54.22
Current. A doji at the 50 day MVA as it tried a good break back
over that level but gave it up in the last hour. It
needs to complete the break higher this week.
SONC 01/10 Test BO 33.45 -0.08 35.04 43 371K 562K 33.72
Buy Not Issued. Pull back holding above support, but below the 50 day MVA on much lower, but still above average volume. May test back to 33.25.
SPAB 02/10 A Wedge 3.9 -0.09 3.49 4.35 44K 451K 3.74
Current. Pull back tapping 3.77 at the low and rallied holding the 10 day MVA on very low volume. Moving up after testing the break out.
STJ 01/13 Cup hdl 71.61 +1.06 64.68 75 1.1M 2.2M 74.55
Current. Held support at 70 and is still trying to bounce higher.
Will see if it can clear 18 day MVA (72.65) early this week.
STN 03/11 Test BO 42.91 -0.1 42.49 49 302K 550K 40.88
Current. Pull back showing a tight doji on low volume. Making a lateral move.
SUMT 03/24 Cup hdl 7.53 -0.17 6.75 8.12 64K 100K 7.32
Current. Gapped up at the open, but reversed on stronger above average volume. May testing back to 7.40.
SYMC 02/05 FlyPlat 46.26 +1 40.94 46.88 5.4M 6M 43.06
Current. continue to move up the 10 day MVA on lower, but still average volume.
TASR 03/25 Cup hdl 68.98 +4.71 66.29 76.25 8.8M 6.8M 61.65
Entered today. Explosive move on excellent volume surge.
TASR 02/10 Test BO 68.98 +4.71 45.88 54.55 8.8M 1M 61.55
Current.
TOL 01/27 Cup hdl 44.91 -0.01 42.71 51 425K 1.2M 44.68
Current. Making a lateral move on the 10 day MVA on low volume.
TSCO 01/24 Cup 39.93 +0.18 45.22 55 129K 719K 42.05
Buy Not Hit.
TSCO 07/29 Test BO 39.93 +0.18 28.06 31.44 129K 494K 42.65
Current. Moving up tapping 40.37 at the high, but gave some of it back holding just above the 10 day MVA on low volume.
TSCO 07/05 Test 50 39.93 +0.18 26.62 30 129K 500K 42.65
Current.
TSCO 06/03 Rv H&S 39.93 +0.18 23.42 27.62 129K 603K 42.65
Current.
TSCO 04/24 Cup hdl 39.93 +0.18 21.88 26 129K 603K 42.65
Current.
TSCO 04/03 Rv H&S 39.93 +0.18 19.3 22.19 129K 577K 42.65
Current.
TTP 03/18 Test 18 4.97 -0.41 5.46 6.72 1.2M 300K 4.98
Current. Gapped down at the open and continued to move down tapping the 18 day MVA and rallied on very strong volume surge. May test 4.58.
TTP 03/01 Test 50 4.97 -0.41 4.59 5.55 1.2M 342K 4.81
Current.
UHCO 03/20 Test BO 11.67 -0.06 12.25 14.72 206K 315K 11.39
Buy Not Hit. Making a lateral move showing a doji on the 10 day MVA on rising volume.
ULTI 02/09 Cup hdl 13.6 -0.04 11.38 13.62 55K 120K 13.28
Current. Making a lateral move on the 10 day MVA on low volume.
UOPX 11/03 Test 50 86 +1.13 71.12 84 350K 315K 81.88
Current. Gapped up at the open for a nice gain showing a doji on lower, but still above average volume.
UOPX 10/25 Test 50 86 +1.13 f68.95 82 350K 315K 81.88
Current.
VAPH 03/25 Test 50 7.46 -0.59 8.32 12 1.6M 1.8M 7.74
Buy Not Issued. Tapped 8.68 at the high, but gave it all back holding below the 10 day MVA on higher, but average volume. Moving up after testing the break out.
VAR 03/03 Flat 83.29 +0.72 88.11 100 383K 750K 85.62
Current. Tested the 50 day MVA and rallied holding the simple 50 day MVA on low volume. Looking for a bounce off the 50 day MVA.
VAR 10/28 Cup hdl 83.29 +0.72 64.5 74.25 383K 1.1M 85.62
Current.
VIP 01/03 Test BO 97.1 -1.38 73.34 85 490K 615K 94.88
Current. Pull back on much lower, but still below average volume. Still in uptrend.
WMI 03/17 A Wedge 28.3 -0.17 30.25 36.32 1.5M 2.8M 28.13
Buy Not Hit. Continue to pull back below support. The stock has not performed so will drop.
ZBRA 03/06 Test 50 69.03 -0.35 70.88 84 210K 517K 69.42
Buy Not Issued. Tapped 70.13 at the high, but gave it back showing a doji on the 18 day MVA on low volume. Moving up after testing the break out.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AZO 03/10 Put 85.52 -0.18 84 81.28 689K 1.1M 83.66
Current. Moved down showing a doji under the 200 day MVA on low volume. Needs to continue to break through support here.
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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