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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good moves Wednesday: CWTR; NCEN
NEW PLAYS:
New Downside Plays:
Play Date: 09/22/2004
BWA (Borg Warner--$43.42; -0.31; optionable): Auto parts
http://biz.yahoo.com/p/b/bwa.html
STATUS: Put. Tried to set up a cup with handle base, even breaking out in late August. It came back for a test, tried to hold the 50 day EMA (44.33). It could not hold, however, and tanked through that level and the 200 day SMA (43.70). It has rebounded this week on lower and lower volume, fading from the 200 day Wednesday on rising, much stronger volume. Money flow is tanking. Ready to move in and ride it down for a 45%ish gain.
Volume: 331.3K Avg Volume: 389.982K
BUY POINT: $43.22 Volume=390K Target=$41.15 Stop=$43.75
POSITION: BWA VI - Nov. $45p (-79 delta)
http://www.investmenthouse.com/cs/bwa.html
Play Date: 09/22/2004
SFD (Smithfield Foods--$24.76; -0.89; optionable): Meat products
http://biz.yahoo.com/p/s/sfd.html
STATUS: Put. SFD gapped down in early August, gapping below the 200 day SMA (25.83) it rallied back with the market, even clearing the 200 day. That move failed, however, and SFD was tanking hard Wednesday on very strong, above average volume. Money flow is in the toilet and SFD has suffered some heavy distribution. Looking to rise it down toward the August low for a 55%ish gain.
Volume: 1.157M Avg Volume: 714.631K
BUY POINT: $24.64 Volume=715K Target=$23.04 Stop=$25.05
POSITION: SFD WE - Nov. $25p (-51 delta)
http://www.investmenthouse.com/cs/sfd.html
Continuing Leader Plays:
AIRN: Looks ready to make the breakout move.
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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http://stocksplits.net/ssr/table.php
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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
AIRN 09/21 Cup 5.53 +0.18 5.54 6.95 390K 543K 5.34
Buy Not Issued. Volume was up as AIRN tapped at the breakout point.
Looks ready if it can get a better market.
BCR 09/11 Cup hdl 56.25 -0.67 57.72 64 521K 950K 56.12
Buy Not Hit.
BOL 08/26 DB hdl 67.8 -0.34 67.85 73.48 303K 578K 67.64
Current.
BRO 09/16 Test BO 44.75 -0.33 45.75 51.55 256K 534K 44.71
Buy Not Issued.
BSC 09/16 Cup hdl 87.95 -2.14 89.98 100 1.8M 1.5M 87.97
Current.
CELG 09/09 DB hdl 58.76 -1.08 58.75 65 664K 1.7M 57.57
Current.
CME 09/18 Cup hdl 152.06 +0.89 146.89 159.55 1.1M 650K 147.65
Current.
CMI 09/04 Cup hdl 72.87 +0.54 71.44 80 813K 1.1M 69.89
Buy Not Issued.
CREE 09/09 Cup hdl 29.29 -0.6 26.78 30.75 2.3M 2.9M 28.85
Current.
CTSH 09/04 Cup 28.48 -0.54 28.98 39.25 727K 1.6M 28.54
Current.
CWTR 08/30 Test BO 22.35 +1.15 20.39 24.22 764K 400K 20.48
Current.
DHR 08/31 Cup 51.07 -1.16 51.93 57 1.6M 1.5M 51.72
Exited.
EBAY 08/31 DB hdl 88.78 -1.87 88.05 99.94 9.4M 14M 93.25
Current.
EBAY 06/25 BO 88.78 -1.87 90.54 105 9.4M 10M 93.25
Current.
EBAY 03/06 Flat 88.78 -1.87 71.78 82.25 9.4M 10M 92.48
Current.
EBAY 08/02 PreSplt 88.78 -1.87 53.78 60 9.4M 9M 89.55
Current.
EBAY 03/08 BO 88.78 -1.87 40.04 46 9.4M 8M 89.55
Current.
ECL 09/13 Cup hdl 31.2 -0.1 31.14 35.12 687K 894K 30.58
Current.
FLIR 09/21 Flat 63.33 -0.63 64.72 74 524K 906K 63.68
Buy Not Hit.
GD 09/18 Rv H&S 98.92 -0.66 100.12 107 622K 1M 98.88
Buy Not Hit.
IRM 09/18 Test BO 33.41 -0.09 33.65 38 809K 500K 32.97
Buy Not Issued.
KMRT 08/18 Dbl btm 84.65 -1.65 80.22 92 1.5M 3.6M 87.88
Current.
MRCY 09/07 Cup hdl 27.9 -0.15 28.06 32 217K 216K 27.05
Buy Not Issued.
MRVL 09/18 Test BO 26.18 -1.07 27.18 31.35 4.1M 7.1M 25.74
Current.
MSTR 09/20 Test BO 41.95 +0.08 42.55 48 402K 575K 41.98
Buy Not Issued.
NCEN 08/21 Rv H&S 62.75 +1.6 52.82 60 3.2M 1.1M 60.22
Current.
NFX 09/18 Cup hdl 60.95 -0.25 60.34 67 550K 850K 59.65
Buy Not Issued.
QCOM 08/31 FlyPlat 38.68 -0.77 38.82 45 13M 11M 38.88
Current.
QCOM 08/14 Flat 38.68 -0.77 35.42 40.48 13M 11M 38.88
Current.
RAE 09/09 DB hdl 5.78 -0.29 6.12 7.42 336K 486K 6.15
Exited.
RIMM 08/21 Dbl btm 73.6 -2.85 63.52 72 7.7M 10M 74
Trailing Stop.
SBUX 09/21 DB hdl 44.77 -0.96 46.42 51.55 3.9M 5M 45.21
Buy Not Hit.
SCSC 08/28 Test BO 64.13 -4.18 63.88 70 285K 236K 65.88
Trailing Stop.
SHFL 09/15 Cup 35.91 -0.65 35.78 40.48 323K 892K 34.28
Current.
SIE 09/14 DB hdl 44.51 -0.79 45.58 50.55 955K 719K 44.22
Buy Not Issued.
SNDA 07/31 Cup hdl 23.14 -0.95 19.51 23.32 335K 500K 23.68
Current.
SNDK 09/20 Test 20 27.95 -0.14 27.92 33.42 8.5M 6.5M 27.12
Current.
SONC 09/09 DB hdl 25.14 0 23.45 26.55 638K 450K 24.24
Current.
STLD 09/07 BO 35.78 -0.42 34.62 39 1.2M 750K 36.38
Current.
STN 09/04 Cup hdl 48.55 -0.75 47.94 54.88 318K 781K 48.22
Current.
SYMC 08/10 DB hdl 51.55 -0.48 47.83 53.88 2.7M 7.6M 51.25
Current.
TRMB 08/28 Cup hdl 28.94 -1.21 29.24 34.58 319K 528K 29.32
Exited.
TTC 09/07 Cup 68.39 -0.26 69.35 79 118K 300K 68.38
Buy Not Issued.
TXN 09/16 Test 50 22.38 -0.51 22.16 26 9.3M 2M 21.86
Current.
TZOO 09/04 Test BO 70.82 -0.49 46.28 60 1.6M 1.7M 68.88
Current.
TZOO 08/07 Test 18 70.82 -0.49 28.27 60 1.6M 775K 68.88
Current.
URBN 09/11 Test BO 33.32 -0.46 34.28 40.25 1.2M 1.8M 33.98
Current.
VIP 09/18 Test BO 102.75 -1.25 104.45 113.75 196K 600K 101.68
Current.
VLO 09/09 Cup 75.65 -0.67 70.85 76 2.3M 3M 75.32
Current.
XRAY 09/11 DB hdl 50.6 -1.06 52.38 58 327K 494K 51.12
Buy Not Issued.
YHOO 09/02 Cup 32.47 -0.79 32.48 36 22M 25M 32.55
Current.
ZBRA 08/19 Dbl btm 60.77 -0.69 56.43 60 351K 425K 60.32
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BLL 09/15 Put 35.85 -0.05 35.75 33.72 763K 607K 36.45
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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