|
|
us stock market, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers Friday: HOLL; AVP
Thursday night play results:
CLF: Ignored the selling, moving laterally on low volume as it sets up the next move.
EMR: Working laterally in the test on low volume.
HAR: Testing the 18 day EMA on continued below average volume.
RMBS: Testing the surge over the 200 day SMA, easing back on low volume. Good sign.
New Plays:
Upside:
Play Date: 11/20/2004
CVNS (Covansys--$12.84; -0.24; no options): ITS software
http://biz.yahoo.com/p/c/cvns.html
STATUS: Cup w/handle. CVNS ignored the market Friday, easing back to the 10 day EMA (12.74) on very low, below average volume. It is forming a handle, the part where the last uncommitted shareholders are shaken out as the stock fades and they get frustrated out of it; you know the feeling. It is good action to a nice 27 week base sporting excellent 9 to 3 accumulation (9 up price weeks on rising volume to 3 down price weeks on rising volume), showing net buyers and setting a good foundation to the breakout. Money flow is strong, running higher ahead of price. Good action in a weak market, and it is setting up for a strong break higher.
Volume: 16.148K Avg Volume: 97.5K
BUY POINT: $13.55 Volume=146K Target=$16.25 Stop=$12.72
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/cvns.html
Play Date: 11/20/2004
FRGO (Fargo Electronics--$14.42; -0.13; no options): Business software
http://biz.yahoo.com/p/f/frgo.html
STATUS: Breakout test. Nice breakout Monday from a 14 month cup with handle sporting solid 13 to 11 accumulation; all it takes is positive accumulation to set up the foundation for the breakout as it shows net buyers during the consolidation. Very nice, orderly, low volume test to the breakout move, tapping support at 14 on the Friday low and rebounding to hold the 10 day EMA (14.28) on the close. Looking for volume to jump back above average as it continues the breakout move.
Volume: 46.456K Avg Volume: 74.863K
BUY POINT: $14.88 Volume=125K Target=$17.85 Stop=$14.25
POSITION: - Stock (no optiion)
http://www.investmenthouse.com/ci/frgo.html
Play Date: 11/20/2004
HIBB (Hibbett Sporting Good--$24.65; +1.90; optionable): Sporting good stores
http://biz.yahoo.com/p/h/hibb.html
STATUS: Cup w/handle. Volume shot higher Friday as HIBB broke out from its 18 week cup with handle base. It was being bought while the market was being sold, surging on very good earnings and a new 'star' analyst rating. Consumer stocks are performing well, and HIBB has set up very well with outstanding 9 to 1 accumulation, showing a lot of buying during the base. It has set up the breakout and is starting the move. Looking to start positions on a further move and then again on a test.
Volume: 900.736K Avg Volume: 197.545K
BUY POINT: $24.89 Volume=285K Target=$29.88 Stop=$23.88
POSITION: QQX DE - Apr. $25c (53 delta) &/or Stock
http://www.investmenthouse.com/ci/hibb.html
Play Date: 11/20/2004
MONE (Matrixone--$6.58; -0.10; no options): Product lifecycle management systems
http://biz.yahoo.com/p/m/mone.html
STATUS: Cup w/handle. MONE is forming a handle to its 8 month base, the last 4.5 months consisting of a reverse head and shoulders base. It worked laterally last week on mostly lower volume as the 10 day EMA (6.38) rises up to meet it. Excellent 12 to 3 accumulation in base, setting up the foundation for the breakout. Money flow continues to surge ahead of price, and we are looking for the stock to follow it this week.
Volume: 408.138K Avg Volume: 353.317K
BUY POINT: $6.82 Volume=530K Target=$8.48 Stop=$6.36
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/mone.html
Play Date: 11/20/2004
TLM (Talisman Energy--$26.21; +0.61; optionable): Independent oil and gas
http://biz.yahoo.com/p/t/tlm.html
STATUS: 50 day EMA test. After a solid post-split run as oil prices rallied, TLM pulled back the past 4 weeks as oil prices sank. It has held the 50 day EMA (25.67) for the past week even as prices continued to fall. Friday as oil prices jumped over $2/bbl TLM jumped off the 50 day and through the 18 day EMA (26.10) on very strong volume. Money flow has shot back higher ahead of price, and TLM looks ready to follow it.
Volume: 652.3K Avg Volume: 382.649K
BUY POINT: $26.55 Volume=574K Target=$31.62 Stop=$25.55
POSITION: TLM DE - Apr. $25c (77 delta) &/or Stock
http://www.investmenthouse.com/ci/tlm.html
Continuing plays:
Play Date: 10/14/2004
MRVC (MRV Communications--$3.94; -0.12; no options): Semiconductor integrated circuits
http://biz.yahoo.com/p/m/mrvc.html
STATUS: Test breakout. MRVC is giving us another test of the solid move thus far as it works up the right side of its 11 month cup with handle base. While the big name chips are struggling to recover and were under pressure Friday, MRVC was fairly calms easing back on low, below average volume. It is the smaller, lesser known names in the sector that are posting the best patterns and gains. Excellent action with money flow still surging higher ahead of price. May come back to fully test the 10 day EMA (3.84) before starting the rebound, but if we see volume jump as it starts back up from here we will look to add poisitons.
Volume: 930.891K Avg Volume: 931.954K
BUY POINT: New positions: 4.05 (orig. positions: $3.21 Volume=1.1M Target=New positions: $5.00 (orig. positions: $4.55) Stop=$3.74
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/mrvc.html
Play Date: 11/16/2004
NTGR (Netgear--$15.62; -0.13; optionable): Telecom communication equipment
http://biz.yahoo.com/p/n/ntgr.html
STATUS: Cup w/handle. NTGR ended the week easing back toward the 10 day EMA (15.04) on lower, below average volume after surging higher to start the week. Very nice action in its 10 month base, setting up the next entry point. Strong 10 to 4 accumulation has set up the breakout move, showing a lot of net buyers during the base. Money flow is still screaming higher ahead of price, and we expect after this test that NTGR will resume the move. This little pullback sets up the entry point even better than before.
Volume: 719.251K Avg Volume: 812.954K
BUY POINT: $16.15 Volume=1.2M Target=$19.75 Stop=$15.24
POSITION: TUD CC - Mar. $15c (68 delta) &/or Stock
http://www.investmenthouse.com/ci/ntgr.html
CONTINUING PLAY LIST
* * 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://investmenthouse.com/ihalerts/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
ACXM 10/27 Cup hdl 25.97 -0.36 24.89 29 540K 550K 25.82
Current. Pullback on rising, but average volume holding below the 10 day EMA, but at support. May test back to the 18 day EMA.
AMT 09/30 Flat 17.79 -0.41 15.55 18.68 1.4M 1.8M 17.52
Current. Pullback on rising, but still below average volume holding the 10 day EMA. Still in good shape.
APCS 10/06 Asc Bse 10.75 +0.01 8.91 10.72 940K 1.6M 10.48
Current. Making a lateral move along the 10 day EMA on rising, but still below average volume. Managing to hold some of its gain.
ARBA 11/11 Test BO 15.46 -0.81 14.55 18.35 879K 835K 15.32
Current. Pullback holding the 10 day EMA. Still in good shape making higher lows.
ARTI 10/09 Test BO 34.61 -0.39 30.88 35.85 320K 750K 33.92
Current. Pullback on low volume. Still in uptrend.
ATSN 11/17 Cup hdl 9.83 -0.12 10.25 12.25 470K 543K 9.68
Buy Not Hit. Pullback on lower, but above average volume. Meeting some resistance at 10.
ATYT 11/11 Cup hdl 19.4 -0.99 19.16 24.25 5.5M 4M 19.21
Current. Pullback testing the 10 day EMA intraday and rallied back on strong volume surge. May continue to test back to the 10 day EMA.
AVO 11/06 Dbl btm 40.2 +0.07 42.35 50.48 620K 665K 40.12
Current. Continue with the lateral along the 10 day EMA on low volume.
BCR 10/23 Test 50 59.45 -0.05 57.05 64.95 483K 981K 58.68
Current. Pullback tapping 58.70 intraday and rallied back on rising, but still below average volume. Testing the breakout.
BDX 10/23 Rv H&S 53.86 -0.39 51.82 61.85 471K 1.4M 53.65
Current. Pullback holding the 10 day EMA on low volume. Testing the breakout. Should be ready to rebound from here.
BMET 11/09 Asc Bse 46.83 -0.28 49.45 57 1.2M 2.4M 47.05
Buy Not Issued. Stock did not make the move we were looking for so will drop, but will keep our eye on it.
BYD 10/13 Test BO 36.09 -0.57 28.79 33.54 321K 400K 35.12
Current. Pullback holding just under the 10 day EMA, but at support on rising, but below average volume. Still in good shape.
CAND 10/09 Test BO 5.98 -0.02 4.48 5.47 97K 275K 5.85
Current. Pullback on low volume. Managing to maintain much of the stock's gain.
CHT 10/07 DB hdl 19.72 -0.42 18.87 22.65 187K 306K 19.42
Current. Gapped down testing the 10 day EMA intraday on lower, below average volume. May continue to test back to the 10 day MVA. Testing the breakout.
CLF 11/18 FlyPlat 86.29 +0.18 87.85 97 145K 502K 84.97
Buy Not Hit. Maintaining the stock's gain on low volume as stock makes a lateral move.
CMTL 10/13 DB hdl 30.02 -0.28 30.65 36 218K 404K 29.46
Current. Pullback testing the 18 day EMA intraday and rallied back showing a tight doji on the 10 day EMA on rising, but below average volume. Forming a handle.
CMVT 10/21 DB hdl 21.47 -0.72 20.76 25 1.6M 3.8M 22.15
Trailing Stop. Gapped up at the open, but then reversed holding below the 18 day MVA on lower, below average volume. May test back to support at 21.
COSI 11/08 Cup hdl 5.91 -0.14 6.28 7.75 77K 154K 5.81
Current. Gapped up at the open, but then reversed testing the 18 day EMA intraday on rising, but below average volume. May continue to test the 18 day EMA. Needs to hold there and rebound.
COST 10/05 Test BO 47.48 -0.87 44.43 50.45 3.3M 3.4M 48.12
Trailing Stop. Continued to move down below the 18 day EMA on low volume.
CPS 11/10 DB hdl 42.72 -0.36 44.38 50 205K 400K 43.38
Buy Not Issued. The stock has not performed so will drop.
CREE 10/16 Test 50 37.76 -1.21 29.64 34 1.7M 3.8M 37.15
Current. Pullback on lower, below average volume. May test back to 37.31. Still in good shape.
CTSH 09/04 Cup 37.93 -0.48 28.98 32.95 889K 1.6M 37.22
Current. Pullback testing the 10 day EMA intraday on low volume. Managing to maintain much of the stock's gain. May continue to test back to the 10 day EMA.
CYTC 11/09 Test 50 26.02 -0.65 26.57 32 560K 1.6M 25.99
Current. Pullback holding below the 18 day EMA, but at support on very low volume. Needs to hold here and rebound.
DGX 11/03 Asc Tri 91.45 -0.55 90.01 100 660K 650K 91.15
Current. Pullback tapping 90.85 intraday and rallied back on lower, but still above average volume. Beginning to move up after testing the breakout.
DHB 11/04 DB hdl 19.24 +0.39 16.75 20.55 1.4M 1.7M 17.89
Current. Continue with the uptrend for a nice gain on rising, but average volume
DHR 10/11 Test BO 57.67 -0.97 53.95 60 804K 1.6M 57.05
Current. Pullback on lower, below average volume. Still in uptrend.
DRIV 11/15 Test BO 36.75 -0.98 36.95 44 535K 1.3M 36.24
Buy Not Issued. Pullback on low volume as stock tests the breakout. Still in the pattern.
EBAY 08/31 DB hdl 108.34 -2.16 88.05 99.94 6.4M 14M 103.45
Current. Pullback on lower, below average volume. Still in uptrend.
ECIL 11/16 Test BO 8.3 -0.09 8.44 10.15 241K 850K 8.04
Current. Pullback on low volume as stock tests the breakout. Still in the pattern.
ELN 11/01 Test BO 27.83 -1.67 27.43 32 8.9M 5.5M 28.89
Trailing Stop. Gapped down at the open and continued to move down holding the 18 day EMA on strong volume surge.
EMR 11/18 FlyPlat 67.33 -0.7 68.78 78 943K 1.4M 66.48
Buy Not Hit. Pullback holding just below the 10 day EMA on below average volume. Still in the pattern.
ENER 11/15 Test BO 19.42 -0.2 19.38 23.22 304K 400K 18.25
Current. Gapped up at the open, but gave it back testing the 10 day EMA intraday on lower, below average volume. Meeting some resistance at 20.
EYET 11/16 Cup hdl 44.01 -0.23 45.88 54 804K 1.6M 43.97
Buy Not Hit. Pullback tapping 42.76 at the intraday low and rallied back showing a tight doji on the 10 day MVA on rising, but average volume. Looking good. Doji may indicate a change in pattern.
FFIV 10/02 Cup hdl 40.59 -1.82 32.85 38 991K 1.4M 42.24
Trailing Stop. Moving down holding the 18 day MVA on rising, but below average volume.
FLR 11/12 Dbl btm 47 +0.3 47.35 54.72 702K 750K 45.89
Current. Tested the 18 day EMA intraday and rallied back showing a doji on stronger above average volume. Moving up on rising volume after testing the breakout.
FSL 10/20 Test BO 17.5 -0.1 15.55 18.64 2M 2M 17.25
Current. Pullback on slightly above average volume. Testing the breakout. May test back to 17.
GPN 10/28 Test BO 55.77 -1.61 55 62.75 141K 378K 55.46
Current. Ease back holding just above the 18 day EMA on low volume. Still in good shape.
HAE 11/03 Test 50 33.98 -0.87 33.58 39 136K 190K 33.89
Current. Pullback holding the 18 day EMA on lower, but average volume. Should rebound from here.
HAR 11/18 FlyPlat 124.9 -2.2 128.75 140 526K 850K 126.48
Buy Not Hit. Pullback holding just above the 18 day EMA on rising, but below average volume. May test back to 120.
HOLL 11/06 Cup hdl 4.45 +0.15 4.09 5.09 152K 175K 4.22
Current. Tapped 4.15 at the low and rallied back for a great move on rising, but average volume. Making a 52 week high.
HYSL 11/16 Cup hdl 43.6 -0.58 44.04 50 489K 1M 43.38
Current. Pullback on lower, below average volume. Testing the breakout. May test back to 42.60.
INTL 11/13 Cup hdl 28.53 -0.26 29.55 34.55 281K 384K 28.05
Current. Gapped down showing a tight doji just under the 10 day EMA on lower, below average volume. May test back to the 18 day EMA.
ISON 11/04 Test 18 3.78 -0.23 4.58 6 2.6M 10M 4.26
Buy Not Issued. The stock has not performed so will drop.
IWOV 11/11 Test 20 9.79 -0.3 10.36 12.65 288K 495K 9.78
Current. Gapped down and continued to move down testing the 18 day EMA on lower, below average volume. Needs to hold here and rebound.
JLG 10/18 Test BO 17.3 -1.76 16.79 20.15 4.3M 350K 19.05
Exited. Took rest of gain off table as it gapped lower on poor
earnings.
JNPR 10/27 DB hdl 27.93 -0.84 26.13 30 6.4M 11M 27.72
Current. Pullback on rising, but below average volume holding the 10 day EMA. May test back to 27.55.
JUPM 09/29 BO 16.66 -1.83 19.79 23.42 1.8M 550K 19.48
Exited. Tanked below the 50 day EMA on strong volume surge.
KEY 10/25 DB hdl 33.2 -0.46 33.17 37.55 1M 1.5M 33.62
Trailing Stop. Continue to tank below the 18 day EMA on stronger volume.
KLIC 11/15 Test 50 7.44 -0.16 7.35 9.25 965K 1.4M 7.38
Current. Pullback on lower, but average volume. Managing to maintain the stock's gain.
KMRT 08/18 Dbl btm 104.99 +1.28 80.22 92 6.1M 3.6M 105
Current. Tested the 10 day EMA and rallied back for nice gain on lower, but still above average volume. Needs to continue to rebound.
KOMG 11/09 Rv H&S 16.04 -0.32 17.01 20.62 444K 675K 15.99
Current. Pullback holding the 18 day EMA on average volume. Testing the breakout. Should be ready for rebound.
MEDX 11/16 Cup hdl 10.14 -0.4 10.72 12.85 1.9M 1.5M 9.97
Current. Ease back on much lower, but still above average volume. May test back to support at 10.
MERQ 11/10 Test 20 43.45 -0.89 45.15 51.55 1.6M 4.4M 42.85
Buy Not Issued. Pullback testing the 18 day EMA intraday on lower, below average volume. Still in the pattern.
MIPS 11/11 Test BO 8.3 -0.44 8.67 10.41 340K 347K 8.12
Current. Ease back testing the 10 day EMA intraday on lower, but average volume. May continue to test back to the 10 day EMA.
MRVC 10/14 Cup 3.94 -0.12 3.21 4.55 924K 1.1M 3.74
Current. Pullback on lower, below average volume. Still in good shape. May test back to the 10 day EMA.
MRVL 11/13 Flat 30.84 +0.49 31.41 37 12M 6M 29.88
Entered today. Stock gapped up at the open, but then gave back most of the move on strong volume surge. May test back to support at 30 before nest move up.
MSCC 10/07 Test BO 16.51 +0.05 15.25 19 1.2M 1M 15.94
Current. Testing the 18 day EMA intraday and rallied back holding the 10 day EMA on lower, but still above average volume. Beginning to make a lateral move.
MTX 11/17 Test BO 62.95 -0.85 63.67 69.38 99K 140K 62.24
Current. Gapped up at the open, but then gave it back on stronger above average volume. May test back to the 10 day EMA.
NANO 11/13 Test BO 15.69 -0.65 16.08 19 316K 443K 15.42
Current. Ease back tapping 15.50 at the low and rallied back on average volume. Testing the breakout. May test back to 15.
NCR 10/23 Test BO 56.87 -0.21 54.05 62.35 536K 725K 56.58
Current. Pullback holding the 10 day EMA on lower, below average volume. Managing to maintain most of the stock's gain.
NTGR 11/16 Cup 15.62 -0.13 16.15 19.75 719K 1.2M 15.24
Buy Not Issued. Pullback on lower, below average volume. Still in the pattern.
OPTV 11/10 Cup 3.72 -0.11 3.75 4.75 371K 650K 3.57
Current. Ease back on lower, below average volume. Still in uptrend.
ORB 11/10 DB hdl 12.4 -0.12 12.69 15.21 188K 600K 12.21
Current. Pullback on lower, below average volume holding the 10 day EMA. May test back to support at 12.28, but will need to hold there.
PAAS 11/06 Cup hdl 18.32 +0.44 18.62 23.41 1.1M 1.2M 17.64
Buy Not Issued. Moving up on stronger above average volume after testing the 18 day EMA. Still in the pattern.
PER 10/14 Test BO 16.35 -0.32 16.39 19.55 217K 540K 16.28
Current. Gapped down holding just under the 18 day EMA on low volume. May test back to 16.10.
PLMO 11/06 Cup hdl 39.01 +0.37 38.05 42.22 3.8M 4.8M 38.05
Current. Continue with the uptrend on average volume.
QSFT 11/15 Test BO 15.41 -0.35 16.15 19.32 407K 1.2M 15.25
Buy Not Hit. Pullback on very low volume. Still in the pattern.
RMBS 11/18 Test 20 20.68 -0.8 22.05 26.85 2.2M 4M 20.51
Buy Not Hit. Pullback on lower, below average volume. May continue to test the 200 day MVA. Still in good shape.
SAPE 10/04 Test 50 8.73 -0.18 8.61 10.35 896K 1.6M 8.78
Current. Pullback testing the simple 50 day EMA intraday on rising, but below average volume. Needs to hold here and rebound.
SGMS 11/09 Test BO 22.1 -0.25 23 27.45 620K 650K 21.98
Current. More volatile session tapping 21.72 at the intraday low and rallied back holding just above the 18 day EMA on rising, but average volume. Testing the breakout. Stock needs to hold here.
SGMS 10/06 Cup hdl 22.1 -0.25 20.85 24.74 620K 650K 21.98
Current.
SHFL 10/21 Cup hdl 42.75 -1.22 40.06 45.55 437K 840K 42.12
Current. Pullback testing the 18 day EMA intraday and rallied back holding just below the 10 day EMA on rising, but below average volume. Meeting some resistance at 43.
SIMG 10/30 Cup hdl 16.01 -0.53 14.19 17.22 938K 1.5M 15.45
Current. Pullback tapping 15.73 intraday on rising, but below average volume. May test back to the 10 day EMA. Still in good shape.
SINA 11/08 Test 20 36.55 -1.1 36.75 45.42 2.7M 7M 36.38
Current. Pullback holding the 10 day EMA on below average volume. May test back to support at 36.
SNDA 10/11 Test BO 35.13 -1.73 31.32 36.85 915K 1.2M 34.48
Current. Continue to pullback testing the 18 day EMA intraday on rising, but below average volume. May test back to 35.
SSNC 11/13 Test 20 21.85 -0.52 23.25 29 84K 270K 22.24
Buy Not Hit. Stock has not performed so will drop.
SSYS 11/17 Cup hdl 33 -0.64 33.96 39.95 101K 234K 32.08
Buy Not Issued. Gapped down at the open and continued to move down on very low volume. Still in the pattern.
TBL 10/27 Cup hdl 64.34 -0.31 64.23 75 369K 450K 63.97
Current. Continue to pullback holding above the 18 day EMA on lower, but still above average volume. May test back to 10 day EMA (64)
TV 10/16 Test 18 58.83 -0.4 55.35 62.55 494K 570K 57.78
Pullback showing a doji on much stronger above average volume. doji may indicate a change in pattern.
VION 11/17 Cup hdl 5.01 -0.05 4.85 6 886K 700K 4.72
Current. Pullback on lower, but still above average volume. May test back to 4.88.
VIP 10/26 Test BO 122.35 -4.4 112.85 124 579K 500K 122.25
Current. Gapped down at the open holding above some support at 121.31. Still in good shape.
VRSN 09/29 DB hdl 31.12 -1.84 20.44 24.44 6.4M 2.6M 30.05
Current. Pullback on stronger above average volume may test back to the 10 day EMA (30) Will need to hold here.
XLNX 10/25 Test BO 32.37 -0.58 30.21 34.44 9.4M 10M 32.32
Current. Pullback on stronger above average volume. May test back to support at 32.
ZQK 10/06 FlyPlat 28.92 -0.94 26.46 32 532K 525K 28.12
Current. Pullback testing the 10 day EMA intraday on lower, but average volume holding at some support. May continue to test back to the 10 day EMA.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AVP 11/15 Put 37.85 -0.58 38.4 36.42 3.5M 3.8M 38.32
Current. Nice move down the 10 day EMA on average volume.
Good Investing!
Jon L. Johnson and your IH Alerts 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.
|
us stock market
stock recommendation
|
