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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers Monday: BR; EBAY; ELAB; ERES; IDSY; RIMM; YHOO; EBAY
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:
Play Date: 05/24/2004
AEOS (American Eagle Outfitters--$27.86; +0.62; optionable): Apparel stores
http://biz.yahoo.com/p/a/aeos.html
STATUS: Cup. AEOS is forming its second base off of its low, something it needed after its run from 18 to 28. It is noteworthy that it is in its second base as opposed to other stocks that rallied from early 2003 that are in their fourth or fifth bases. Those stocks are somewhat extended while AEOS is in its prime. Retail got a slow start in the rally; after a short move they were sold somewhat as many moved on to 'later' bull market stocks. They have recovered, however, and are setting up nicely right now. That indicates that this upside move is finished. In any event, AEOS is moving through a 7 week base that has held the 50 day EMA (25.91) on its lows. Positive 2:1 accumulation in the base. Looking for a strong volume breakout to continue its macro move.
Volume: 1.033M Avg Volume: 1.772M
BUY POINT: $28.32 Volume=2.2M Target=$32 Stop=$26.34
POSITION: AQU KE - Aug. $25c (73 delta) &/or Stock
http://www.investmenthouse.com/cs/aeos.html
Play Date: 05/24/2004
FCEL (Fuelcell Energy--$15.64; +1.25; optionable): Developing commercial fuel cells
http://biz.yahoo.com/p/f/fcel.html
STATUS: Test 50 day EMA. FCEL broke out of a 5.5 month cup with handle base in mid-April and surged to 20. The market selling took its toll, dropping FCEL below the breakout point. It held at some support at 14, moved laterally, and then jumped higher Monday on a good shot of above average volume. Accumulation in the prior base was a solid 8 to 4 (8 up price weeks on rising volume to 4 down price weeks on rising volume). Money flow is rallying higher ahead of price, showing very good strength. Looking for FCEL to resume its move after this break back over the 50 day EMA (15.43).
Volume: 1.428M Avg Volume: 919.318K
BUY POINT: $16.12 Volume=1.4M Target=$19.54 Stop=$15.05
POSITION: FQG JC - Oct. $15c (62 delta) &/or Stock
http://www.investmenthouse.com/cs/fcel.html
Continuing Leader Plays:
Play Date: 05/23/2004
NMSS (Natural Microsystems--$8.53; +0.35; optionable): Telecom processing systems
http://biz.yahoo.com/p/n/nmss.html
STATUS: Breakout test. Continued the bounce off the 50 day EMA (7.81) but volume is still lagging. Nice breakout test of its 13 week cup with handle base with excellent 7 to 2 accumulation and strong money flow moving higher ahead of price. Needs some more volume but looks very good.
Volume: 295.434K Avg Volume: 416.318K
BUY POINT: $8.62 Volume=624K Target=$10.35 Stop=$8.02
POSITION: QNM IU - Sept. $7.50c (68 delta) &/or Stock
http://www.investmenthouse.com/cs/nmss.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: Asc Tri =Ascending triangle; 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; 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
AMT 04/27 Test BO 13.3 +0.25 13.65 16.35 1.2M 4M 12.78
Buy Not Issued.
APOL 05/11 Test 50 89.25 -0.42 91.72 105 1.2M 3M 87.95
Buy Not Hit.
APOL 01/24 Test 18 89.25 -0.42 73.25 82 1.2M 3M 90.95
Current.
APOL 12/01 DB hdl 89.25 -0.42 70.72 82 1.2M 2.9M 90.95
Current.
APOL 11/22 DB hdl 89.25 -0.42 66.54 82 1.2M 2.9M 90.95
Current.
ARIA 05/01 Test BO 10.3 -0.17 11.55 13.85 690K 1.4M 10.74
Buy Not Issued.
ARTI 05/10 DB hdl 24.86 +0.47 25.35 29.15 207K 592K 23.58
Buy Not Issued.
AVO 03/30 Flat 33.19 +0.04 24.98 29.42 418K 334K 32.88
Current.
AVP 05/11 Test 18 85.05 -0.26 83.62 88.88 995K 1.8M 83.62
Current.
BCR 04/29 Test BO 110 +0.53 107.26 120 469K 600K 107.08
Current.
BCR 04/16 Test BO 110 +0.53 98.93 115 469K 522K 107.08
Current.
BCR 12/17 Rv H&S 110 +0.53 80.93 92.95 469K 500K 107.08
Current.
BIIB 04/17 Cup 62.65 +1.25 60.49 72.88 4.7M 7.5M 58.62
Current.
BLUD 05/08 Test BO 29.52 +1.07 27.49 32 242K 500K 26.68
Current.
BR 05/15 Test 50 67.74 +2.35 67.42 74.22 1.8M 1.7M 66.05
Entered today.
BRCM 05/22 Flat 40.9 +0.15 41.25 47.42 9.6M 13M 38.88
Buy Not Issued.
CRL 04/24 FlyPlat 44 +0.06 46.83 53.85 217K 495K 44.15
Current.
DGX 03/20 Cup hdl 83.13 +0.73 86.32 100 665K 973K 81.92
Current.
EBAY 03/06 Flat 82.11 +1.77 71.78 82.25 11M 10M 78.02
Current.
EBAY 08/02 PreSplt 82.11 +1.77 53.78 60 11M 9M 78.02
Current.
EBAY 03/08 BO 82.11 +1.77 40.04 46 11M 8M 78.02
Current.
ELAB 05/13 Test 50 70.05 +1.82 69.99 75.78 381K 475K 67.05
Entered today.
EPIX 04/19 Cup hdl 23.87 +0.25 24.58 29.52 142K 300K 23.19
Current.
ERES 04/29 Test 18 34.3 +1 34.48 39.55 978K 1.3M 32.47
Entered today.
ESRX 05/15 Test 50 77.41 +0.7 77.45 87 572K 1.9M 75.38
Entered today.
FLIR 05/04 Test BO 48.88 +0.97 46.96 53.94 426K 577K 45.78
Current.
GD 05/17 Cup hdl 93.66 +0.21 95.74 108 480K 1.2M 91.95
Buy Not Hit.
GPRO 05/08 Flat 36.85 -0.28 38.25 44 399K 900K 36.68
Current.
HSY 04/29 Test BO 87.9 -0.49 89.58 98.75 370K 708K 88.18
Current.
IDEV 05/21 Cup hdl 8.37 -0.24 8.12 9.75 3.4M 800K 7.55
Current.
IDSY 05/05 Test BO 12.88 +0.67 10.48 12.54 221K 123K 11.12
Current.
IDXX 02/02 DB hdl 59.62 -2.07 50.22 58 332K 500K 60.38
IEX 05/20 Test 50 45.6 +0.6 45.68 48 176K 200K 43.96
Buy Not Hit.
IMDC 05/19 Test BO 59.37 +0.86 58.38 65.88 297K 600K 57.12
Buy Not Issued.
INGR 05/18 Rv H&S 25.15 +0.15 26.02 31 185K 600K 24.68
Buy Not Hit.
ITW 05/18 Test BO 88.4 +1.15 86.38 99 1.8M 1.8M 82.92
Buy Not Issued.
JBHT 05/17 Test 50 31.34 +0.14 31.88 36.75 344K 1.1M 29.88
Buy Not Issued.
LXK 05/11 Test 50 93.05 +0.29 94.12 105 532K 1.6M 91.68
Current.
LXK 12/30 Rv H&S 93.05 +0.29 83.65 94 532K 2M 91.68
Current.
MOGN 05/11 Test 50 62.34 +0.34 63.48 70 492K 900K 59.88
Buy Not Issued.
MRVL 05/22 Dbl btm 44.46 +0.37 44.65 49.25 4M 4.5M 41.68
Buy Not Issued.
MSSN 04/27 Test BO 4.43 +0.03 4.89 5.92 157K 615K 4.32
Current.
NMSS 05/23 Test 50 8.53 +0.35 8.62 10.35 295K 624K 8.02
Buy Not Hit.
NXTP 05/12 Cup hdl 15.33 +0.45 15.36 18.22 5.3M 3M 14.38
Current.
NXTP 05/06 Cup 15.33 +0.45 15.22 18.12 5.3M 3M 14.38
Current.
OCLR 05/04 Cup 33.89 -0.1 30.22 34.65 272K 160K 32.32
Current.
PG 05/11 Test 50 106.17 -0.74 107.55 112.25 2.9M 4M 105.72
Current.
PLT 05/20 DB hdl 38.5 +0.14 39.05 45 199K 694K 36.88
Buy Not Hit.
PNR 05/18 Test 50 59.5 -0.26 60.06 64 220K 466K 58.28
Buy Not Issued.
QCOM 04/17 Test 50 65.55 +0.15 66.35 79 8.2M 14M 64.05
Current.
RIMM 05/18 PreSplt 114.47 +5.45 106.25 115 9.6M 7M 106.25
Current.
RMD 04/13 Cup hdl 49.01 +0.4 47.84 54.55 140K 382K 47.62
Current.
RNT 05/22 Test BO 28.14 +0.07 28.72 33 94K 234K 27.45
Buy Not Hit.
SBUX 03/22 Test 50 38.76 -0.01 39 47 1.8M 4.5M 38.12
Current.
SBUX 07/30 Cup 38.76 -0.01 30.35 36.75 1.8M 6M 38.12
Current.
SBUX 07/01 Cup 38.76 -0.01 26.3 30.94 1.8M 6M 38.12
Current.
SFCC 05/06 FlyPlat 24.52 +0.1 25.83 29.17 251K 145K 24.02
Exited.
SHFL 05/15 Test 50 34.3 +1.13 32.72 27.62 525K 800K 31.12
Buy Not Issued.
SIE 05/15 Asc Tri 41.33 +0.34 40.48 48 466K 602K 39.12
Current.
UOPX 11/03 Test 50 83.68 +0.1 71.12 84 162K 315K 84.68
Current.
UOPX 10/25 Test 50 83.68 +0.1 68.95 82 162K 315K 84.68
Current.
URBN 05/08 Flat 47.78 +0.47 48.72 56 528K 972K 45.55
Buy Not Hit.
URBN 03/29 Flat 47.78 +0.47 49.85 56.68 528K 725K 46.22
Current.
WFMI 04/20 Cup 80.91 +1.15 79.58 91 622K 1M 77.48
Current.
WITS 05/13 Asc Tri 13.36 -0.26 14.32 17.25 301K 510K 13.48
Buy Not Hit.
XRAY 05/08 FlyPlat 47.94 -0.47 50.06 57.54 391K 735K 48.62
Exited.
YHOO 04/07 Cup hdl 29.43 +0.88 27.59 31.38 24M 15M 27.04
Current.
ZBRA 03/06 Test 50 80.85 +0.77 73.48 86.55 286K 517K 77.05
ZILA 05/20 Flat 5.09 +0.02 5.08 6.12 172K 285K 4.88
Entered today.
ZMH 04/17 Rv H&S 81.65 -1.9 82.09 94.48 1.3M 170K 81.12
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
$SOX 05/05 Put 460.54 +2.36 443.12 424 0 0 451.22
Current.
BRL 05/10 Put 43.2 +0.03 43.02 40 956K 1.6M 44.39
Current.
DHR 05/13 Put 45.26 +0.24 44.88 43.12 1.3M 950K 45.83
Current.
ETN 05/13 Put 56.88 +0.75 57.38 54.38 597K 1.1M 57
Current.
IP 05/20 Put 40.8 +0.2 39.95 37.92 1.7M 2.8M 40.94
Buy Not Hit.
JCI 05/15 Put 52.56 +0.56 52.12 49.45 762K 1.3M 52.72
Current.
LEH 05/20 Put 74.56 +0.86 73.93 70.88 2M 2.5M 75.75
Buy Not Issued.
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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