stock recommendation, stock option

Begin part 2 of 2

THE PLAYS

Good movers Thursday: ENWV; UVN

NEW PLAYS:

Upside:

Play Date: 10/07/2004
CHT (Chunghwa Telecom--$18.50; +0.40; optionable): Chinese wireless telecom
http://biz.yahoo.com/p/c/cht.html
STATUS: Double bottom. Volume finally jumped above average Thursday as CHT made a more definitive move out of its 25 week double bottom base. Accumulation in the pattern is a strong 7 to 4, showing net buyers during the base (7 up price weeks on rising volume to 4 down price weeks on rising volume). Relative strength broke out on the move, a good corroboration of the breakout. Looking to initiate a partial position on a further move from here and if it comes back to test, when it rebounds from that test.
Volume: 323.2K Avg Volume: 203.681K
BUY POINT: $18.62 Volume=306K Target=$22 Stop=$17.55
POSITION: CHT CW - Mar. $17.50c (76 delta) &/or Stock
http://www.investmenthouse.com/ct/cht.html

Play Date: 10/07/2004
BABY (Natus Medical--$6.99; -0.03; no options): Medical appliances
http://biz.yahoo.com/p/b/baby.html
STATUS: Breakout test. BABY came to life in May, rallying to 6.75 where it started the current 12 week cup with handle base. It broke out of this base in late September and has moved laterally, holding its gains as it sets up for the next leg of the breakout run. Excellent 5 to 0 accumulation in the base shows all buyers, and money flow is strong. May take another day or two to finish the consolidation as the 10 day EMA (6.82) rises to meet it. That will most likely send it higher on the next leg.
Volume: 439.424K Avg Volume: 114.727K
BUY POINT: $7.22 Volume=450K Target=$8.85 Stop=$6.79
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ct/baby.html

CONTINUING PLAY TABLE:

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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

^SOX 10/06 Test 50 403.36 -2.84 408.78 445 5.7M 0 404.55
Buy Not Issued.

AMMD 09/30 Test BO 35.78 -0.82 36.04 42 291K 250K 35.65
Current.

AMMD 09/14 DB hdl 35.78 -0.82 33.64 38.25 291K 250K 35.65
Current.

AVO 10/02 Cup hdl 38.62 -1.03 41.06 48.68 712K 722K 39.98
Exited.

BDX 09/13 Cup hdl 51.32 -1.31 52.68 57.88 710K 1.5M 51.97
Current.

CHK 09/25 Rv H&S 16.62 -0.25 16.08 19.15 4.2M 2.5M 16.22
Current.

CRXL 09/29 Pennant 8.42 -0.5 8.42 10.09 234K 175K 8.24
Current.

DGII 09/30 Cup hdl 11.86 -0.31 11.97 14.98 111K 206K 11.89
Current.

ECL 09/25 Cup hdl 32.79 -0.03 32.05 37 2.1M 952K 32.19
Current.

EMR 10/02 Cup 63.11 -0.64 64.34 74 624K 1.9M 63.15
Buy Not Hit.

ENWV 10/05 Test BO 14.9 +0.78 13.69 16.68 335K 300K 13.65
Current.

EYET 10/04 Dbl btm 35.17 -0.76 36.82 43 321K 1.1M 35.95
Buy Not Issued.

FDS 10/06 Cup hdl 50.51 0 50.78 58 416K 335K 49.05
Entered today.

FLS 09/16 Cup hdl 24.49 -0.31 24.44 28.48 226K 415K 23.62
Buy Not Issued.

GIVN 10/04 BO 42.04 -0.36 40.55 46.62 291K 366K 39.98
Buy Not Hit.

GLDN 10/06 Dbl btm 31.33 -0.12 31.38 36.21 69K 106K 30.03
Current.

HRS 09/27 Test BO 57.75 +0.26 54.88 60 709K 600K 55.08
Current.

JCOM 09/29 Cup 32.03 -0.34 32.25 37.65 531K 850K 32.25
Current.

JUPM 09/29 BO 18.15 +0.16 17.57 21 355K 550K 16.88
Buy Not Issued.

KMRT 08/18 Dbl btm 87.75 +0.53 80.22 92 1.3M 3.6M 88.68
Current.

KOOL 10/02 Cup 5.02 -0.11 5.11 6.49 130K 200K 4.89
Buy Not Hit.

LH 09/20 DB hdl 43.5 -0.36 43.59 49.68 447K 750K 42.98
Current.

LMT 08/23 DB hdl 56.26 -0.05 54.81 59.98 1.7M 2.8M 55.45
Current.

MVSN 10/05 Asc Bse 25.55 -0.48 25.65 29.95 305K 677K 24.72
Current.

NSS 09/30 Cup hdl 19.52 +0.04 18.72 22.55 290K 287K 17.54
Buy Not Issued.

NXTP 10/05 Test BO 16.41 -0.19 16.88 20.25 1.4M 2M 15.88
Buy Not Hit.

OIS 09/15 Test BO 19 +0.02 18.05 21.21 362K 290K 18.43
Current.

OMC 09/28 Cup 73.95 -0.55 74.15 78.25 769K 1.3M 72.98
Current.

OPTV 09/27 Test BO 3.38 -0.11 3.35 4.48 429K 525K 3.18
Current.

PPDI 10/04 Test BO 36.66 -0.37 36.55 42 519K 683K 35.66
Buy Not Issued.

PRXL 10/06 DB hdl 19.94 -0.63 20.54 24.48 168K 176K 20.12
Current.

QCOM 09/02 FlyPlat 41.38 -0.44 38.82 45 8.4M 11M 38.88
Current.

SAPE 10/04 Test 50 8.27 -0.22 8.62 10.35 1.8M 1.6M 8.28
Buy Not Hit.

SGMS 10/06 Cup hdl 19.68 -0.2 20.12 24 799K 650K 19.05
Buy Not Hit.

SIMG 09/21 DB hdl 13.64 -0.34 13.29 15.98 1.3M 1.5M 13.98
Current.

STJ 09/22 Test 20 74.32 -0.96 72.78 76.85 1.1M 1.5M 74.98
Current.

SYNA 10/02 DB hdl 23.37 -1.02 22.89 27 456K 702K 23.44
Current.

TDS 09/24 FlyPlat 83.43 -1.07 84.68 100 106K 265K 83.72
Current.

TDS 08/02 FlyPlat 83.43 -1.07 77.46 82.38 106K 265K 83.88
Current.

TIBX 09/29 DB hdl 8.81 -0.05 8.85 10.65 2.3M 3.5M 8.67
Current.

VMSI 10/06 Cup hdl 50.89 -0.88 52.08 59 115K 243K 50.25
Buy Not Hit.

VRNT 09/04 Dbl btm 37.03 -1.11 33.58 38.36 117K 216K 37.55
Current.

WCN 09/11 Test BO 30.75 -0.32 30.69 34.22 165K 350K 30.97
Trailing Stop.

WITS 09/25 Test BO 17.03 +0.03 16.94 19.87 191K 543K 16.28
Current.

WYNN 09/18 Cup hdl 52.84 -0.87 45.38 53 1.1M 558K 52.12
Current.

YHOO 10/01 Cup hdl 34.78 -0.18 34.85 41 16M 30M 33.88
Current.

YHOO 09/02 Cup 34.78 -0.18 32.48 36 16M 25M 33.97
Current.

Downside Plays

Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop

ACDO 09/30 Put 24.05 +0.13 23.55 21.55 647K 1.1M 24.04
Current.

CGNX 09/30 Put 26.24 -0.56 26.55 23.88 163K 750K 27.48
Buy Not Issued.

UVN 09/27 Put 31.32 -0.33 31.31 29.54 481K 1.5M 31.65
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.

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