|
|
stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good moves Monday: CME; CREE; MRVL; RIMM; SONC; TXN
NEW PLAYS:
New Leader Plays:
Play Date: 09/20/2004
MSTR (Microstrategy--$42.08; +1.11; optionable): Business software
http://biz.yahoo.com/p/m/mstr.html
After Hours: $41.98
STATUS: Test BO. MSTR set up similar to the chips, hitting a low in August and then moving up to its 50 day EMA (38.01). From there it gapped over the 50 day on tremendous volume. It then faded last week to test the move, holding over the 10 day EMA (40.01) and then starting back up Monday. No real volume on the Monday move, however, something we need to see change on a further move higher. Solid money flow has jumped ahead of the stock and is leading higher. Can run like the wind when it gets going, and looking for a run near the 200 day SMA (48.26) for starters. Nice trend reversal gap and test. Now it is ready to move back up.
Volume: 348.452K Avg Volume: 392.09K
BUY POINT: $42.55 Volume=575K Target=$48 Stop=$41.98
POSITION: EOU AI - Jan. $45c (42 delta) &/or Stock
http://www.investmenthouse.com/cs/mstr.html
Play Date: 09/20/2004
SNDK (Sandisk--$27.22; +0.92; optionable): PC data storage
http://biz.yahoo.com/p/s/sndk.html
After Hours: $27.40
STATUS: Test 200 day SMA. Solid action. SNDK slipped into the current 5 month base after the April high, part of a larger base that started in November 2003. A nice volume surge started two weeks back when SNDK rallied up to the 200 day SMA (26.01). It looked ready to stall, but volume faded as it slid along the 200 day SMA. Monday SNDK broke over the 200 day on stronger, above average volume. Money flow is surging ahead of price. Looks ready for a good run.
Volume: 7.852M Avg Volume: 6.466M
BUY POINT: $27.55 Volume=6.5M Target=$33 Stop=$26.88
POSITION: SWQ AY - Jan. $27.50c (53 delta) &/or Stock
http://www.investmenthouse.com/cs/sndk.html
CONTINUING PLAYS
* * 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://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
BCR 09/11 Cup hdl 56.9 +0.08 57.72 64 604K 950K 56.12
Buy Not Hit.
BOL 08/26 DB hdl 67.56 -0.24 67.85 73.48 461K 578K 67.64
Current.
BRO 09/16 Test BO 44.72 -0.47 45.75 51.55 172K 534K 44.71
Buy Not Issued.
BSC 09/16 Cup hdl 87.74 -0.51 90.05 100 621K 1.5M 87.97
Buy Not Hit.
CELG 09/09 DB hdl 59.1 -0.29 58.75 65 1M 1.7M 57.57
Current.
CME 09/18 Cup hdl 146.09 +2.79 146.89 159.55 696K 650K 142.22
Entered today.
CMI 09/04 Cup hdl 71.58 +0.59 71.44 80 536K 1.1M 69.89
Buy Not Issued.
CREE 09/09 Cup hdl 29.86 +1.49 26.78 30.75 6M 2.9M 27.35
Current.
CTSH 09/04 Cup 28.55 -0.26 28.98 39.25 651K 1.6M 28.54
Current.
CWTR 08/30 Test BO 20.67 -0.64 20.39 24.22 199K 400K 20.48
Current.
DHR 08/31 Cup 52.29 -0.31 51.93 57 1.1M 1.5M 51.72
Current.
EBAY 08/31 DB hdl 91.39 -1.71 88.05 99.94 11M 14M 93.25
Current.
EBAY 06/25 BO 91.39 -1.71 90.54 105 11M 10M 93.25
Current.
EBAY 03/06 Flat 91.39 -1.71 71.78 82.25 11M 10M 92.48
Current.
EBAY 08/02 PreSplt 91.39 -1.71 53.78 60 11M 9M 89.55
Current.
EBAY 03/08 BO 91.39 -1.71 40.04 46 11M 8M 89.55
Current.
ECL 09/13 Cup hdl 31.08 -0.21 31.14 35.12 720K 894K 30.58
Current.
GD 09/18 Rv H&S 98.86 -0.53 100.12 107 607K 1M 98.88
Buy Not Hit.
IRM 09/18 Test BO 33.08 -0.04 33.65 38 226K 500K 32.97
Buy Not Hit.
KMRT 08/18 Dbl btm 85.9 -1.85 80.22 92 1.5M 3.6M 87.88
Current.
MRCY 09/07 Cup hdl 28.27 -0.23 28.06 32 197K 216K 27.05
Buy Not Issued.
MRVL 09/18 Test BO 26.95 +0.61 27.18 31.35 6.9M 7.1M 25.74
Entered today.
NCEN 08/21 Rv H&S 58.24 -0.05 52.82 60 1.2M 1.1M 58.28
Current.
NFX 09/18 Cup hdl 60.3 +0.13 60.34 67 706K 850K 59.65
Buy Not Issued.
QCOM 08/31 FlyPlat 38.42 -0.41 38.82 45 18M 11M 38.88
Current.
QCOM 08/14 Flat 38.42 -0.41 35.42 40.48 18M 11M 38.88
Current.
RAE 09/09 DB hdl 6.19 -0.2 6.12 7.42 462K 486K 6.15
Current.
RIMM 08/21 Dbl btm 74.61 +1.3 63.52 72 7M 10M 74
Current.
SCSC 08/28 Test BO 67.77 +1.31 63.88 70 108K 236K 65.88
Current.
SHFL 09/15 Cup 36.36 +0.67 35.78 40.48 450K 892K 34.28
Current.
SIE 09/14 DB hdl 45.13 +0.73 45.58 50.55 217K 719K 44.22
Buy Not Issued.
SNDA 07/31 Cup hdl 23.89 -0.14 19.51 23.32 369K 500K 23.68
Current.
SONC 09/09 DB hdl 24.99 +0.63 23.45 26.55 711K 450K 23.67
Current.
STLD 09/07 BO 36.85 -0.1 34.62 39 578K 750K 36.38
Current.
STN 09/04 Cup hdl 49.49 -0.06 47.94 54.88 290K 781K 48.22
Current.
SYMC 08/10 DB hdl 52.06 -0.09 47.83 53.88 3.2M 7.6M 51.25
Current.
TRMB 08/28 Cup hdl 30.09 -0.29 29.24 34.58 299K 528K 29.32
Current.
TTC 09/07 Cup 68.53 -0.38 69.35 79 171K 300K 68.38
Buy Not Issued.
TXN 09/16 Test 50 22.73 +0.65 22.16 26 14M 2M 21.86
Current.
TZOO 09/04 Test BO 71.6 -0.74 46.28 60 4.6M 1.7M 68.88
Current.
TZOO 08/07 Test 18 71.6 -0.74 28.27 60 4.6M 775K 68.88
Current.
URBN 09/11 Test BO 33.78 -0.75 34.28 40.25 1.2M 1.8M 33.98
Current.
VIP 09/18 Test BO 102.25 -0.35 103.72 113 412K 600K 101.32
Buy Not Hit.
VLO 09/09 Cup 72.49 +0.39 70.85 76 1.5M 3M 71.89
Current.
WWY 09/09 Rv H&S 62.83 -0.86 64.11 68 422K 683K 62.82
Buy Not Hit.
XRAY 09/11 DB hdl 51.21 -0.26 52.38 58 231K 494K 51.12
Buy Not Issued.
YHOO 09/02 Cup 33.26 -0.2 32.48 36 19M 25M 32.55
Current.
ZBRA 08/19 Dbl btm 59.89 +0.5 56.43 60 187K 425K 58.45
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BLL 09/15 Put 36.04 -0.39 35.75 33.72 533K 607K 36.45
Buy Not Issued.
PXD 09/13 Put 32 +0.05 31.68 29.72 1.2M 1.2M 32.26
Current.
PXLW 09/04 Put 10.5 +0.8 9.45 8 1.4M 1.4M 9.78
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.
|
stock split
stock recommendation
|
