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trade stock, stock split
Begin part 2 of 2
THE PLAYS
Good movers Monday: ARO; EVCI; FINL; IDSA; MBG; MBT; NVDA; PDQ; QCOM; TASR
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.
NEW PLAYS: This section includes plays from all sections other than pre-announcements. Those are contained in the pre-announcement section.
New Post-Split:
Play Date: 03/29/2004
URBN (Urban Outfitters--$46.38; +1.91; optionable): Apparel stores
http://biz.yahoo.com/p/u/urbn.html
STATUS: Breakout. URBN is continuing its run up the 50 day MVA (42.55), breaking higher Monday on strong volume as it moved out of a 6.5 week ascending triangle. Accumulation in the short pattern is strong at 3 to 0 (3 up price weeks on rising volume to 0 down price weeks on rising volume). Strong money flow and a relative strength breakout. All speak to a very solid stock.
Volume: 887.406K Avg Volume: 568K
BUY POINT: $46.68 Volume=725K Target=$53.68 Stop=$44.12
POSITION: URQ FI - June $45c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/urbn.html
New leader plays: May not be in position to split yet, but solid stocks ready to move.
Play Date: 03/29/2004
EEFT (Euronet Worldwide--$19.02; -0.08; no options): Secure financial transactions, ATM's in Europe and USA
http://biz.yahoo.com/p/e/eeft.html
STATUS: Cup w/handle. Volume is jumping higher as EEFT starts to work on the breakout from its 12 week handle to its 27 month base. Accumulation is excellent at 26 to 7 in the base and 3 to 0 in the handle. Money flow is running up ahead of the price as it works in the handle, and relative strength is ready for the breakout. The handle is the part of the base where those that bought at the prior highs get frustrated because the stock starts to drift back down. They go ahead and sell, and when they are gone the stock is in the hands of longer term holders.
Volume: 240.297K Avg Volume: 150.272K
BUY POINT: $20.38 Volume=225K Target=$24.68 Stop=$18.95
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/eeft.html
CONTINUING PLAYS:
POST-SPLIT
Play Date: 03/27/2004
APPX (American Pharmaceutical--$42.94; +1.87; optionable): Drugs
http://biz.yahoo.com/p/a/appx.html
STATUS: Ascending triangle. Nice volume Monday as APPX started the breakout move from its 6.5 month base sporting solid 8 to 3 (8 up price weeks on rising volume to 3 down price weeks on rising volume). As noted, that shows money moved into the stock during the base. Two weeks back APPX moved out of the pattern on strong volume. In the selling it has come back to test the break, holding over 40 and the 18 day MVA (40.06). Starting the breakout move and looks ready.
Volume: 1.152M Avg Volume: 911.772K
BUY POINT: $42.68 Volume=1.4M Target=$42.72 Stop=$40.55
POSITION: AQO GH - July $40c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/appx.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.
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 43.71 -0.09 45.62 52 369K 700K 44.12
Buy Not Hit.
APOL 01/24 Test 18 85.45 -0.49 73.25 82 1.7M 3M 82.25
APOL 12/01 DB hdl 85.45 -0.49 70.72 82 1.7M 2.9M 82.25
Current.
APOL 11/22 DB hdl 85.45 -0.49 66.54 82 1.7M 2.9M 82.25
Current.
APPB 03/13 Test BO 41.15 +0.81 40.55 46.78 526K 739K 39.35
Buy Not Hit.
APPX 03/27 A Wedge 42.94 +1.87 42.68 42.72 1.2M 1.4M 40.55
Buy Not Issued. Good bounce, a bit light on trade. Looking for it
to continue the move on another solid volume session to enter.
ARO 03/11 Test 50 36.9 +1.33 34.97 39.52 1.3M 989K 34.32
Current.
BCR 12/17 Rv H&S 94.44 +0.96 80.93 92.95 305K 500K 92.72
Current.
CACH 03/27 FlyPlat 32.56 +1.95 31.58 37.95 163K 165K 29.48
Buy Not Issued.
CALM 03/27 A Wedge 36.6 -3.45 41.38 48.25 3M 650K 38.45
Buy Not Issued.
CALM 01/29 Cup hdl 36.6 -3.45 36.62 43.75 3M 650K 38.33
Current. Nothing but good things to say, gapped higher, but
then reversed & closed at 50 day MVA. Held there and
will see if it bounces.
CEC 02/21 Cup hdl 35.36 +0.49 34.96 38.23 296K 272K 36.68
Current.
CFC 03/23 Test 18 92.83 +0.83 92.25 97.25 1.7M 2.8M 89.95
Buy Not Issued.
CHS 02/24 Test BO 45.3 +0.47 46.22 53.15 847K 1.1M 44.04
CHT 01/22 Cup hdl 17.52 +0.26 15.75 18.92 278K 1.1M 17.06
Current.
CLZR 03/13 Test BO 13.28 +0.32 14.15 16.98 315K 308K 12.88
Current.
CMRG 03/18 Cup hdl 10.15 +0.23 9.92 11.94 980K 585K 9.23
Current.
CNMD 03/23 Test 50 28.33 +1.03 28.42 34 222K 240K 27.18
Buy Not Hit. Started a bounce off the 50 day but volume fell considerably.
Want another solid trade session to enter.
COH 02/28 DB hdl 42.1 +0.55 41.66 47.88 1.1M 2.5M 40.96
Current.
DGX 03/20 Cup hdl 83.54 +1.44 85.97 100 579K 973K 81.72
Buy Not Hit.
DKS 03/25 Test 50 57.5 +1 56.88 65.55 280K 450K 54.44
Buy Not Issued.
DNA 03/13 Test BO 104.95 +1.31 106.92 118 1.5M 4M 104.38
Buy Not Hit.
DNA 01/03 Test BO 104.95 +1.31 95.44 102 1.5M 3M 105.12
Current.
DWCH 03/16 Test BO 9.75 -0.18 10.92 13.15 29K 175K 10.16
Buy Not Hit.
EAT 03/09 Test BO 37.92 +0.64 39.06 46.88 512K 950K 37.88
Buy Not Hit.
EBAY 03/06 Flat 68.41 +1.61 71.78 82.25 6.3M 10M 66.55
Current.
EBAY 08/02 PreSplt 68.41 +1.61 53.78 60 6.3M 9M 66.55
Current.
EBAY 03/08 BO 68.41 +1.61 40.04 46 6.3M 8M 66.55
Current.
ENCY 03/08 Cup 9.62 +0.23 10.78 12.95 437K 917K 9.94
Buy Not Hit.
ESRX 03/24 Cup hdl 73.87 +0.64 75.24 86 951K 1.4M 71.95
Buy Not Hit.
EVCI 02/18 Test BO 13.09 +0.74 8.68 10.39 268K 228K 11.22
Current.
FINL 03/16 Test 50 37.55 +0.96 35.55 41 647K 661K 34.58
Current.
GTK 03/18 Test 50 59.35 +0.35 58.55 66.78 309K 904K 57.68
Current.
HOV 03/11 Cup hdl 43.22 -0.06 88.75 99 965K 1.4M 85.22
Buy Not Issued.
HUG 03/02 Flat 52 +1.5 50.62 58.25 151K 314K 50.62
IDSA 03/16 Test BO 37.1 +3.97 30.38 36 2M 2M 32
Target Hit.
IDXX 02/02 DB hdl 55.35 +0.37 50.22 58 306K 500K 53.54
IGT 03/24 BO 44.95 +0.27 44.25 66.78 2.9M 3M 42.52
Current.
IGT 09/16 Rv H&S 44.95 +0.27 29.05 34.55 2.9M 4.7M 41.68
Current.
INTV 03/08 Flat 16.14 +0.23 13.91 16.85 1.3M 500K 14.76
Target Hit.
JOSB 03/13 Test BO 35.89 -1.33 39.48 45.45 1.3M 500K 36.72
Buy Not Issued.
KFY 03/18 Cup hdl 15.9 +0.3 14.46 17.35 455K 300K 14.38
Current.
LTD 03/22 Test 50 19.75 +0.15 19.68 23.62 6.7M 3.9M 18.88
Buy Not Issued.
LXK 12/30 Rv H&S 90.6 +1.2 83.65 94 737K 2M 86.55
Current.
MAMA 03/16 Test BO 10.79 -0.08 10.04 13.12 2.8M 6M 10.21
Current.
MBG 11/18 Cup hdl 57.46 +1.39 44.3 53 1.2M 1.8M 53.44
Current.
MBT 01/03 Cup 125.95 +4.19 88.39 99.95 503K 412K 114.95
Current.
MIK 02/21 Cup hdl 47.98 +0.7 48.44 55.72 209K 815K 46.22
Buy Not Issued.
MRVL 03/27 PreSplt 43.13 +0.46 42.88 46.25 2.1M 4M 41.64
Buy Not Issued.
MTH 03/27 Test 50 73.41 -0.49 74.55 85.75 107K 224K 73.22
Buy Not Hit.
NUS 03/02 Test 50 19.92 +0.19 21.08 25.15 162K 455K 19.48
Current.
NVDA 03/24 Test 50 25.4 +1.05 23.94 28.75 8.2M 6M 22.38
Current.
OSI 02/07 Test 50 49.13 +0.53 48.68 51.96 525K 650K 47.72
Current.
PDCO 03/09 Flat 68.17 +0.9 70.12 81 378K 759K 66.65
Buy Not Issued.
PDQ 03/23 Test BO 11.79 +0.3 11.65 13.98 458K 350K 11.22
Entered today.
PG 03/13 Test BO 104.88 +0.93 104.92 115 2.6M 4.2M 103.25
Buy Not Issued.
POOL 03/25 Cup hdl 36.03 +0.22 36.62 43 193K 227K 34.06
Buy Not Hit.
PSUN 03/06 Test 50 24.82 +0.5 25.04 30 1.2M 2.4M 24.15
Buy Not Hit.
QCOM 02/25 Test BO 65.61 +3.85 63.03 72 16M 11M 63.12
Current.
RVI 03/20 Test BO 7.01 +0.19 7.12 8.98 352K 155K 6.72
Buy Not Issued. Gapped higher and ran on good volume, but could not
hold the move through the buy point. Solid, and just
needs to continue the run on solid trade.
SBUX 03/22 Test 50 37.67 +0.85 37.52 45 2.4M 4.5M 36.25
Buy Not Issued.
SBUX 07/30 Cup 37.67 +0.85 30.35 36.75 2.4M 6M 37.32
Current.
SBUX 07/01 Cup 37.67 +0.85 26.3 30.94 2.4M 6M 37.32
Current.
SLAB 01/31 Cup hdl 52.58 +0.37 51.12 58 1M 1.9M 54.22
Current.
SONC 01/10 Test BO 33.58 +0.13 35.04 43 302K 562K 33.72
Buy Not Issued.
SPAB 02/10 A Wedge 3.95 +0.05 3.49 4.35 43K 451K 3.74
Current.
STJ 01/13 Cup hdl 72.25 +0.64 64.68 75 1.2M 2.2M 74.55
Current.
STN 03/11 Test BO 43.8 +0.89 42.49 49 523K 550K 40.88
Current.
SUMT 03/24 Cup hdl 7.7 +0.17 6.75 8.12 22K 100K 7.32
Current.
SYMC 02/05 FlyPlat 47.12 +0.86 40.94 46.88 5.2M 6M 43.06
Target Hit.
TASR 03/25 Cup hdl 74.29 +5.31 66.29 76.25 9.5M 6.8M 61.65
Current.
TASR 02/10 Test BO 74.29 +5.31 45.88 54.55 9.5M 1M 61.55
Current.
TOL 01/27 Cup hdl 44.72 -0.19 42.71 51 721K 1.2M 44.68
Current.
TSCO 01/24 Cup 38.99 -0.94 45.22 55 518K 719K 42.05
Buy Not Hit.
TSCO 07/29 Test BO 38.99 -0.94 28.06 31.44 518K 494K 42.65
Current.
TSCO 07/05 Test 50 38.99 -0.94 26.62 30 518K 500K 42.65
Current.
TSCO 06/03 Rv H&S 38.99 -0.94 23.42 27.62 518K 603K 42.65
Current.
TSCO 04/24 Cup hdl 38.99 -0.94 21.88 26 518K 603K 42.65
Current.
TSCO 04/03 Rv H&S 38.99 -0.94 19.3 22.19 518K 577K 42.65
Current.
TTP 03/18 Test 18 5.03 +0.06 5.46 6.72 490K 300K 4.98
Current.
TTP 03/01 Test 50 5.03 +0.06 4.59 5.55 490K 342K 4.81
Current.
UHCO 03/20 Test BO 11.93 +0.26 12.25 14.72 139K 315K 11.39
Buy Not Hit.
ULTI 02/09 Cup hdl 13.39 -0.21 11.38 13.62 189K 120K 13.28
Current.
UNFI 03/27 FlyPlat 47.77 +0.14 48.88 56.22 186K 260K 46.78
Buy Not Hit.
UOPX 11/03 Test 50 85.91 -0.09 71.12 84 216K 315K 81.88
Current.
UOPX 10/25 Test 50 85.91 -0.09 68.95 82 216K 315K 81.88
Current.
VAPH 03/25 Test 50 7.08 -0.38 8.32 12 711K 1.8M 7.74
Buy Not Issued.
VAR 03/03 Flat 84.67 +1.38 88.11 100 377K 750K 85.62
Current.
VAR 10/28 Cup hdl 84.67 +1.38 64.5 74.25 377K 1.1M 85.62
Current.
VIP 01/03 Test BO 98.25 +1.15 73.34 85 784K 615K 94.88
Current.
ZBRA 03/06 Test 50 70.17 +1.14 70.88 84 235K 517K 69.42
Buy Not Issued.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AZO 03/10 Put 85.45 -0.07 84 81.28 912K 1.1M 83.66
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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trade stock
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