|
|
stock recommendation, stock market report
Begin part 2 of 2
THE PLAYS
NEW PLAYS:
Downside:
Play Date: 05/20/2004
IP (International Paper--$40.27; +0.02; optionable): Paper
http://biz.yahoo.com/p/i/ip.html
STATUS: Put. Double topped to start the year in January and February and tanked to the 200 day SMA (40.89). It tried the bounce move, managing to regain half the loss but then rolling back down and breaking the 200 day in late April. It plunged lower after the breach as the big money unloaded a stock they did not want to support anymore. It has made a low volume rebound to test that level, and has been struggling for the last week. Looks ready to roll back over.
Volume: 2.094M Avg Volume: 2.866M
BUY POINT: $39.95 Volume=2.8M Target=$37.92 Stop=$40.94
POSITION: IP SH - July $40p (-40 delta)
http://www.investmenthouse.com/ct/ip.html
Play Date: 05/20/2004
NTT (Nippon Telecom--$23.80; +0.18; optionable): Foreign telecom services
http://biz.yahoo.com/p/n/ntt.html
STATUS: Put. Peaked in a climactic run in early April and reversed on high volume. It plunged to the 200 day SMA (23.91) and then gapped through that level. The past two weeks it has made a low volume rebound to test the 200 day breakdown. Showed a doji Thursday below the 200 day on lower volume. Looks ready to roll back over at this resistance as no volume has moved in on the bounce.
Volume: 88.9K Avg Volume: 247.318K
BUY POINT: $23.58 Volume=245K Target=$21.55 Stop=$24.36
POSITION: NTT UE - Sept. $25p (-63 delta)
http://www.investmenthouse.com/ct/ntt.html
CONTINUING PLAY TABLE:
* * 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://www.technicaltraders.com/ttr/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
DATE: date play first appeared on report.
PLAY: Denotes the type of pattern or play.
Upside play types: Asc Tri=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; Dsc Tri=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
ABMD 04/12 Test BO 10.75 +0.33 10.88 13 50K 115K 10.94
Current.
ACXM 05/19 Test 50 23.03 -0.3 23.49 27 574K 1.1M 22.08
Buy Not Hit.
AMT 04/27 Test BO 13.03 +0.12 13.65 16.35 740K 4M 12.78
Buy Not Issued.
ASKJ 05/12 Test 50 36.6 -0.93 38.55 43.98 2.4M 5.4M 36.22
Current.
AVL 05/15 Test BO 17.18 +0.28 17.32 20.85 89K 140K 16.22
Buy Not Hit.
BCRX 05/11 Test 50 9 -0.34 9.72 11.55 68K 300K 8.96
Buy Not Issued.
BLUD 05/18 Test BO 28.25 -0.35 27.49 32 283K 500K 25.57
Current.
CAND 05/12 Cup hdl 2.58 -0.01 2.68 3.35 109K 221K 2.49
Buy Not Hit.
CDIS 04/24 Cup hdl 28.08 -0.2 28.23 33.78 418K 475K 28.28
Current.
CEY 05/15 Asc Tri 37.03 +0.26 36.78 42.32 177K 263K 35.24
Buy Not Issued.
COO 05/15 Asc Tri 53.59 -0.11 55.88 64.25 178K 404K 54.18
Buy Not Hit.
CSAR 05/19 Cup hdl 13 -0.36 14.06 16.85 128K 176K 13.08
Buy Not Hit.
DRIV 05/17 DB hdl 31.67 +0.79 32.82 36.88 1.1M 1.1M 28.62
Current.
DYAX 04/28 Cup 13.91 +0.11 15.03 17.95 170K 371K 13.62
Current.
EFII 05/06 Cup hdl 26.94 -0.12 27.48 32 306K 725K 25.78
Buy Not Issued.
EXBD 05/12 Cup hdl 53.1 +0.34 54.02 62 103K 361K 51.52
Buy Not Hit.
JAKK 05/17 Test BO 16.81 -0.01 17.22 20.65 160K 398K 16.01
Buy Not Issued.
LEXG 05/03 Cup hdl 6.82 -0.02 7.62 9.15 155K 369K 7.09
Buy Not Hit.
MCHP 05/05 Test 50 29.63 -0.52 31.21 34.75 3M 4M 29.03
Current.
MDT 05/03 DB hdl 48.9 -0.37 51.78 59 3.1M 7.5M 49.92
Buy Not Hit. Continue to move down below the 50 day MVA on low volume. The stock has not made the move we were looking for so will drop.
MIPS 04/21 DB hdl 6.72 -0.01 6.82 8.22 72K 339K 6.48
Current.
OSIP 05/10 Test BO 78.28 +1.48 77.18 89 2.3M 6M 73.88
Current.
PHMD 04/07 DB hdl 3.47 -0.03 3.02 3.82 121K 322K 3.54
Current.
PSYS 05/08 Cup hdl 24 -0.44 24.54 28.75 244K 300K 22.62
Current.
PTEK 05/03 Test BO 10.21 -0.17 10.88 13.05 542K 1.1M 10.22
Buy Not Issued.
SLXP 05/01 Test 18 34.31 +0.81 32.06 37.88 438K 350K 30.88
Buy Not Issued.
WAT 03/20 Cup hdl 45.63 +0.34 40 46.12 1.7M 850K 43.48
Current.
WCN 05/18 Test 50 40.86 -0.1 41.06 47 202K 350K 39.62
Current.
WWCA 05/10 Test BO 26.19 +0.16 26.38 30 1.2M 2.7M 24.42
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
$SOX 05/05 Put 453.88 -3.86 443.12 424 0 0 451.22
Current.
AET 05/19 Put 78.12 -0.88 78.12 74.15 1.5M 1.7M 81.88
Entered today.
BC 05/17 Put 39.88 -0.02 38.25 36 521K 850K 40.02
Buy Not Hit.
BG 05/01 Put 34.2 -0.09 37.65 34.45 596K 884K 35.71
BJS 05/18 Put 40.44 -0.21 40.62 38.22 1.2M 2.5M 41.69
Current.
BRL 05/10 Put 44 -0.66 45.22 41.22 1.1M 1.6M 46.35
Buy Not Issued.
CYTC 05/19 Put 19.44 +0.11 19.22 17.45 1.7M 1.9M 19.94
Buy Not Issued.
DHI 05/15 Put 25.69 -0.25 26.41 24.05 2.5M 2M 27.29
Current.
DHR 05/13 Put 89.25 -0.63 89.75 86.25 1.3M 950K 91.65
Current.
EMIS 05/10 Put 5.2 -0.17 4.98 4 96K 145K 5.22
Current.
ESST 05/08 Put 11.17 -0.52 11.64 9.88 797K 825K 12.11
Buy Not Issued.
LOW 05/17 Put 51.37 +0.77 49.49 47 5.4M 5M 50.92
Buy Not Hit.
MSTR 05/15 Put 47.03 +0.01 44.32 40.38 381K 626K 46.45
Current.
NTE 05/06 Put 16.95 +0.25 16.76 13.75 436K 1.3M 17.88
Current.
POG 05/13 Put 25.83 -0.04 26.04 23.78 457K 800K 27.24
Current.
VSH 05/08 Put 18 -0.15 18.45 16.55 2.9M 2.6M 18.97
Current.
Good Investing!
Jon L. Johnson and your Technical Traders Report 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 market report
|
