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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers Tuesday: AAPL; BEV; ILMN
NEW PLAYS:
Upside:
Play Date: 01/25/2005
CHS (Chicos Fas--$50.10; +0.37; optionable): Apparel Stores. Splits 2:1 on 2-23-05
http://biz.yahoo.com/p/c/chs.html
STATUS: Test 18 day EMA. Nice gap higher in early January on strong December sales and a stock split announcement. Rallied a solid ten points up to 53 and is now testing this move, coming back to the 18 day EMA (49.30) on lower volume. Volume got a bit higher Monday, but it checked up and held above the 18 day. Strong money flow and an excellent relative strength breakout on the move. Looking for volume to kick back up as the stock rebounds.
Volume: 1.019M Avg Volume: 1.199M
BUY POINT: $50.48 Volume=12M Target=$55.35 Stop=$49.27
POSITION: CHS CJ - Mar. $50c (54 delta)
http://www.investmenthouse.com/ct/chs.html
Play Date: 01/25/2005
FFIV (F5 Networks--$47.69; +0.07; optionable): Internet software and services
http://biz.yahoo.com/p/f/ffiv.html
After Hours: $47.80
STATUS: Breakout test. Nice pullback to the 10 day EMA (47.05), showing a nice tight doji there as FFIV prepares to continue the move higher. Shot up last Thursday on a strong earnings report and has tested that move this week on lower trade. Broke out in late October from a 10 month cup with handle base, rallied to 50, and then tested the 50 day EMA (44.41). Has moved off that level and is in the process of making a higher low here. Looking for a move up on continued solid volume.
Volume: 1.776M Avg Volume: 1.267M
BUY POINT: $48.32 Volume=1.9M Target=$55 Stop=$46.32
POSITION: FLK DI - Apr. $45c (68 delta) &/or Stock
http://www.investmenthouse.com/ct/ffiv.html
Play Date: 01/25/2005
HOLX (Hologic--$29.48; +2.04; optionable): Medical appliances
http://biz.yahoo.com/p/h/holx.html
After Hours: $29.57
STATUS: Test 18 day EMA. November breakout from a 4.5 month base and rally up to 29. It tested back to the 50 day EMA (25.83) to start the year, held, and rebounded. Volume has really swelled the past week as it bumps against 30 on the highs while holding the 18 day EMA (27.39) on the low. Solid bounce off the 18 day Tuesday on strong volume. Money flow is excellent. Relative strength is breaking out again ahead of the stock price; super action. Ready to move in on a further break through 30 on volume.
Volume: 289.409K Avg Volume: 144.5K
BUY POINT: $30.05 Volume=217K Target=$35 Stop=$27.95
POSITION: QHX FF - June $30c (52 delta) &/or Stock
http://www.investmenthouse.com/ct/holx.html
CONTINUING PLAY TABLE:
* * SPREADSHEET DOWNLOAD * * *
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http://www.technicaltraders.com/ttr/table.php
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http://www.investmenthouse.com/rescue/rescue.php3
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
AAPL 12/16 Test BO 72.05 +1.29 66.68 76 17M 15M 69.58
Current.
AAPL 12/09 Test 18 72.05 +1.29 65.52 76 17M 15M 69.58
Current.
AHG 01/19 Test BO 31.69 +0.05 33.05 38 308K 1M 32.18
Buy Not Hit.
APCS 01/15 Flat 13.04 -0.07 13.14 15.94 1.2M 2.5M 12.63
Current.
ARRY 12/21 Cup hdl 8.79 +0.29 9.57 11.55 114K 375K 8.97
Buy Not Issued.
BEV 01/19 Cup hdl 11.77 +2.39 9.58 11.57 30M 110K 9.21
Target Hit.
CCRT 01/08 Test BO 27.05 -0.34 27.44 41.45 107K 232K 26.11
CENT 12/15 Cup hdl 40.25 -0.35 41.12 50.15 88K 160K 39.32
Current.
CHT 01/08 FlyPlat 20.85 +0.34 21.78 25.25 244K 384K 20.62
Current.
CHTT 01/24 Cup 35.37 +0.24 35.38 39.85 267K 250K 33.72
Buy Not Issued.
CMCSA 01/10 Cup hdl 33.15 +0.15 33.55 38.75 7.6M 8.5M 32.31
Buy Not Issued.
DDDC 01/15 Test BO 3.84 -0.01 4.06 5.35 298K 600K 3.58
Current.
FSH 01/20 BO 62.32 -0.77 63.65 71 856K 1.5M 61.38
Buy Not Issued.
GENZ 11/22 Cup hdl 57.93 +0.29 57.45 63.75 1.6M 3.2M 58.97
Current.
HUM 01/10 FlyPlat 32.8 +0.12 30.85 37 1.2M 1.9M 31.95
Current.
HYSL 01/04 DB hdl 44.24 -1.54 47.03 55 1.8M 850K 45.82
Exited.
IDSY 01/18 Test 50 15.42 -0.8 18.74 22.49 130K 159K 17.69
Buy Not Hit. The stock has not performed so will drop.
ILMN 01/24 Rv H&S 9.77 +0.25 9.72 11.68 506K 295K 9.12
Entered today.
ISON 01/22 Test 50 4.62 -0.13 5.17 6.22 1.5M 8.5M 4.95
Buy Not Hit.
JJZ 01/24 Asc Tri 9.5 -0.26 9.88 11.85 1.5M 400K 9.24
Buy Not Hit.
KOOL 01/19 Cup hdl 5.76 +0.01 6.54 7.89 249K 350K 6.15
Buy Not Hit.
NKE 01/03 Test BO 85.89 -0.42 89.68 100 867K 1.2M 87.37
Current.
NOVA 01/08 Test BO 6.66 -0.3 6.38 7.88 84K 176K 6.74
NXTP 12/09 Test 50 20.18 +0.11 18.58 23.35 1.7M 2M 19.87
Current.
PRE 01/06 Test 50 62.03 +0.16 62.75 68 390K 325K 62.12
Exited.
RECN 01/10 Test BO 48.37 +0.39 51.75 60 336K 600K 50.37
Buy Not Issued.
TERN 01/22 Test BO 3.06 +0.06 3.08 3.94 1.4M 1.1M 2.86
Buy Not Issued.
TOO 01/12 Test BO 26.04 -0.16 27.05 32 393K 1M 26.05
Buy Not Issued.
TUTS 01/11 Cup 3.76 -0.14 4.77 5.95 206K 300K 4.44
Current.
VMSI 01/22 Test BO 63.27 -2.17 65.89 74.95 282K 172K 64.57
Buy Not Issued.
VNWK 01/12 Cup hdl 4.37 -0.03 4.13 5.18 463K 200K 4.18
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
^SOX 01/19 Put 64.85 +6.83 390.6 375.55 482K 2.1M 389
Current.
CNF 01/24 Put 47.45 +1.53 45.75 43.72 1.7M 600K 46.32
Buy Not Hit.
FLO 01/20 Put 29.33 +0.18 28.72 27 106K 180K 29.29
Buy Not Hit.
KDE 01/22 Put 18.55 +0.15 18.43 16.89 75K 185K 19.12
Current.
LMT 01/15 Put 54.26 -0.21 55.13 53.32 1.4M 2.8M 55.82
Current.
MFE 01/19 Put 24.92 +0.1 24.92 23.04 3.2M 3M 25.65
Current.
OVNT 01/20 Put 33.19 -0.18 33.58 31.15 195K 315K 34.31
Current.
PXP 01/03 Put 26.59 -0.19 24.78 22.85 474K 700K 25.38
Current.
SEBL 01/22 Put 8.92 +0.11 8.85 7.88 8.2M 10M 9.05
Current.
SHFL 01/15 H&S 27.69 -0.06 27.78 25.88 418K 650K 28.35
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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stock split
stock recommendation
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