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trade stock, stock split
Begin part 2 of 2
THE PLAYS
Good movers Wednesday: DVA; RES; TBL; UPL; EWBC; KDE
NEW PLAYS:
New Pre-Announcement Plays:
Play Date: 02/09/2005
PIXR (Pixar--$88.88; -0.06; optionable): Computer animated movies. A wild card with no split history but near an all-time high. Forecast 2-10-05.
http://biz.yahoo.com/p/p/pixr.html
After Hours: $88.86
STATUS: Cup. PIXR is working laterally above the 50 day EMA (86.43) as it forms the bottom of its 9 week cup base. It looks ready to start to move higher to form the right side of the base. Solid 3 to 1 accumulation in the base shows steady accumulation as it moves through the pattern. Holding above the 50 day EMA shows big money stepping in to accumulate shares at this important support level. Looking for a strong break over 90 to start positions.
Volume: 580.158K Avg Volume: 916.636K
BUY POINT: $90.45 Volume=1.2M Target=$100 Stop=$87.55
POSITION: PQJ DR - Apr. $90c (48 delta)
http://www.investmenthouse.com/cs/pixr.html
Leader Play:
Play Date: 02/09/2005
STR (Questar--$51.85; +0.85; optionable): Gas utilities
http://biz.yahoo.com/p/s/str.html
STATUS: Reverse head and shoulders. We had considered STR as a potential pre-announcement play heading into its earnings after the Thursday close. We did not get any confirming word on the board considering a split, however, so we left it off. Not for want of a bad pattern. It is in a nice 11 week base sporting excellent 4 to 1 accumulation (4 up price weeks on rising volume to 1 down price weeks on rising volume). Volume was up Wednesday as STR moved toward the breakout point. After hours it reported solid earnings and looks ready to make the breakout on the news. That is where we start a positions. Formed the pattern over the 50 day EMA, a good sign of institutional support.
Volume: 622.9K Avg Volume: 333.318K
BUY POINT: $52.22 Volume=500K Target=$58 Stop=$50.78
POSITION: STR GJ - July $50c (65 delta) &/or Stock
http://www.investmenthouse.com/cs/str.html
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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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
ACL 02/05 DB hdl 79 -0.98 82.38 90 377K 850K 79.48
Buy Not Hit. Pullback holding above the 50 day MVA on average volume. May test back to the 50 day MVA (78.30)
AEOS 01/13 Test BO 52.85 -1.12 50.92 56 1.2M 1.8M 52
Current. Pullback holding above the 10 day MVA on rising, but below average volume. May test back to the 10 day MVA (52.25)
AET 02/08 Flat 128.55 -0.43 130.25 140 1.1M 2.2M 128.55
Buy Not Hit. Pullback testing the 18 day MVA intraday and rallied back showing a doji on the 10 day MVA on average volume. Still in the pattern.
AMMD 02/03 Test 50 39.35 -1.2 41.44 46.55 140K 325K 39.37
Buy Not Hit. Gapped down at the open and continued to move down holding just above the 50 day MVA on rising, but below average volume. Stock needs to hold here or will drop.
APPX 01/29 Test BO 46.48 -2.63 50.08 57.65 2M 1.2M 48.68
Buy Not Issued. The stock has not performed so will drop.
ATK 02/01 Dbl btm 69.23 -0.94 69.54 75.55 253K 350K 68.55
Current. Gapped down at the open and continued to move down on lower, but average volume. May test back to the 10 day MVA (68.75)
ATVI 01/29 Test BO 23.9 -0.78 22.55 26.55 2.4M 2.6M 23.11
Pullback on lower, below average volume. Still in good shape.
AVID 01/31 Test BO 64.74 -0.66 64.3 71 452K 575K 61.62
Current. Pullback testing the 10 day MVA intraday and rallied back on lower, below average volume. Managing to retain most of the stock's gain.
BCR 01/03 Test BO 68.56 -0.93 65.67 74.75 363K 725K 68.05
Current. Pullback holding the 10 day MVA on low volume. Still in good shape. May teat back to support at 68.
BDX 01/31 Test BO 58.62 -0.78 57.07 63 1.5M 1.1M 58.38
Current. Gapped down at the open and continued to move down testing the 10 day MVA intraday and rallied back on stronger above average volume. Testing the breakout. May continue to test back to the 10 day MVA.
BIIB 02/05 Test 50 65.03 -1.2 68.11 76.65 3.4M 5.7M 66.78
Buy Not Hit. Pullback holding the simple 50 day MVA on lower, below average volume. Stock needs to hold here and rebound or will drop.
CENT 12/15 Cup hdl 42.96 -0.19 41.12 50.15 67K 160K 41.65
Current. Tapped 43.56 at the intraday high, but gave it back showing a tight doji on lower below average volume. May test back to 10 day MVA (42.44)
CHS 01/25 Test 18 53.17 -1.04 50.88 55.55 907K 12M 50.77
Current. Pullback on low volume holding at some support. Trying to break through resistance at 54
CMTL 02/01 Test 50 34.77 -1.85 35.94 42.25 178K 400K 34.48
Current. Pullback holding the 18 day MVA on rising, but below average volume. May test back to 34.40.
CNMD 01/21 Rv H&S 28.79 -0.1 29.05 34 131K 260K 28.54
Current. Tapped 29.43 at the intraday high, but gave it back holding the 18 day MVA on below average volume. May test back to the 50 day MVA (28.50)
COH 01/27 Test 50 53.64 -1.6 56.95 63.55 1.8M 2.3M 55.05
Buy Not Issued. The stock has not made the move we were looking for so will drop, but will keep our eye on it.
CPO 01/15 DB hdl 29.45 -0.03 27.75 30.55 665K 300K 29.05
Trailing Stop.
CPS 01/08 Test BO 46.29 -0.48 47.58 54 248K 400K 46.98
Current. Ease back holding the 18 day MVA on lower, below average volume. Testing the breakout. May test back to 46.
CWTR 02/03 Test 50 27.34 -0.44 28.45 34.55 273K 347K 27.38
Buy Not Hit. Tapped 28.23 at the intraday high, but gave it back holding below the 50 day MVA at support on stronger above average volume. Needs to hold here and rebound.
CYCL 01/08 Test BO 10.3 -0.29 8.27 9.95 334K 250K 10.25
Trailing Stop.
DVA 01/13 Test BO 42.58 +1.04 42.44 49 1.3M 1M 41.11
Entered today. Tapped 40.60 at the intraday low and rallied back for a nice gain on much stronger above average volume. Came off the day's high of 43.20
EASI 02/07 Cup hdl 60.71 -3.08 62.74 71 413K 412K 62.32
Current. Pullback holding above the 10 day MVA on lower, but still strong volume. May continue to test back to the 10 day MVA.
EFX 02/01 Flat 30.84 +0.38 29.12 34 920K 575K 30.11
Current. Tapped 30.47 at the intraday low and rallied back on above average volume. Meeting some resistance at 31.
EXPD 01/15 Asc Bse 54.52 -1.39 57.88 64 892K 1.5M 55.32
Buy Not Issued. The stock has not performed so will drop.
FDS 02/05 Test 50 34.92 -1.37 36.7 39.95 379K 285K 35.59
Buy Not Issued. Gapped down at the open and continued to move down on rising, but below average volume. May test back to support at 34.68 but will need to hold there and rebound.
FINL 01/05 Cup hdl 20.29 -0.55 20.03 23.98 212K 1M 19.95
Current. Ease back holding the 10 day MVA on low volume. Still good shape. Should rebound from here.
FSH 01/20 BO 62.29 -2.46 64 71.35 3.7M 1.5M 62.48
Exited.
GPRO 01/19 DB hdl 47.58 -0.78 47.71 54 424K 700K 48
Current. Pullback testing the 18 day MVA intraday on low volume. Should be ready to rebound from here.
ILMN 01/24 Rv H&S 10.75 -0.39 9.72 11.68 541K 295K 10.65
Current. Pullback tapping support at 10.54 at the intraday low and rallied back on stronger above average volume. May continue to test back to support.
IMDC 01/20 Test BO 71.71 +0.03 65.65 73.95 357K 458K 70.22
Current. Continue with the uptrend on average volume.
JAH 01/08 Test BO 47.4 -0.1 44.88 51 301K 400K 46.55
Current. Pullback on much stronger, slightly above average volume. Still in good shape. May test back to 47.15.
LCAV 01/25 FlyPlat 26.49 -0.31 25.26 29.98 232K 400K 25.68
Current. Gapped down on rising, but below average volume. Still managing to retain most of the stock's gain.
LIZ 02/03 Rolling 42.7 -0.5 42.79 48.22 419K 835K 41.97
Current. Gapped down at the open and continued to move down on lower, below average volume. Testing the breakout. May test back to 42.21.
MAR 02/05 Flat 64.55 -1.19 66.21 72.45 1.1M 1.5M 63.97
Current. Pullback tapping 64.21 at the intraday low and rallied back holding the 10 day MVA on much lower, below average volume. May test back to the 18 day MVA (64)
MSTR 01/26 Test 50 68.5 -8 65.72 72.55 1.9M 650K 74.22
Current. Gapped down at the open and continued to move down testing the 18 day MVA intraday on stronger above average volume. May test back to 67.75.
NCR 01/10 PreSplt 36.7 -0.11 34.22 37.38 1.8M 1M 35.58
Current. Pullback on rising, but average volume. Managing to retain most of the stock's gain.
OMC 01/06 Cup hdl 85.26 -1.04 85.95 98 743K 1.4M 84.77
Current. Gapped down at the open and continued to move down holding the 18 day MVA on rising, but still below average volume. May continue to test back to 84
OPTN 01/22 DB hdl 17.52 +0.11 18.03 21.55 104K 385K 17.21
Current. Volatile session tapping 17.17 at the intraday low and rallied back showing a doji on the 10 day MVA on low volume. Still in good shape.
ORLY 01/11 DB hdl 46.9 -0.74 46.72 53.88 183K 501K 45.32
Buy Not Issued. Ease back tapping 46.66 at the intraday low and rallied back holding just above the 10 day MVA on lower, below average volume. Still in the pattern.
OSI 02/01 Cup hdl 45.75 -0.7 47.05 53 440K 625K 45.22
Buy Not Hit. Pullback tapping 45.63 at the intraday low and rallied back on rising, but below average volume. Holding at some support. May continue to test the 18 day MVA
PDS 02/08 Test BO 70.14 +0.57 70.32 78.48 244K 400K 68.44
Buy Not Hit. Tested the 10 day MVA intraday and rallied back on lower, below average volume. Needs to break through some resistance here.
PENN 02/01 FlyPlat 67.68 -1.79 68.15 73.95 621K 900K 67.85
Current. Pullback holding the 10 day MVA on slightly above average volume. May test back to 67.37.
PFCB 02/08 Cup 56.92 -0.94 58.05 66 306K 637K 56.32
Current. Tapped 58.50 at the intraday high, but gave it back holding at some support on lower, below average volume. May test back to the 10 day MVA (56.50).
PPDI 02/08 Cup hdl 42.71 -0.45 44.05 60 232K 722K 42.32
Buy Not Hit. Volatile session testing the 10 day MVA intraday and rallied back on low volume. Still in the pattern.
PSUN 01/12 Rv H&S 24.8 -0.29 25.32 29.48 1.4M 2.8M 24.05
Current. Gapped up at the open, but gave it back on rising, but below average volume. May test back to 10 day MVA (25.65)
RES 02/07 DB hdl 28.47 +1.46 28.47 34 136K 144K 26.68
Entered today. Great move up the 10 day MVA on much stronger above average volume.
SSI 01/08 Asc Tri 59.6 -1 59.39 66.88 159K 500K 59.44
Current. Ease back testing the 10 day MVA intraday and rallied back on lower, below average volume. May continue to test back to the 10 day MVA (59.45)
TALX 02/03 Test BO 35.43 -0.1 32.88 37 206K 125K 32.38
Buy Not Issued. Pullback showing a tight doji on much stronger above average volume. Making a lateral move above the 10 day MVA. Stock needs to pullback. Doji may indicate a change in pattern.
TBL 01/13 Rv H&S 72.32 +5.12 65.88 76.58 1.8M 500K 65.38
Current. Gapped up at the open for an explosive move on excellent volume surge.
TDS 02/05 DB hdl 85.4 -1.45 85.63 100 264K 300K 83.88
Buy Not Issued. Pullback testing the 10 day MVA intraday and rallied back on stronger above average volume. did not enter the play because stock spent session coming off the day's high.
TSRA 01/29 Flat 38.72 -0.06 40.95 48 3.8M 1.3M 38.08
Entered today. Took off on strong trade & we entered a partial. It
surged further but then gave it all back to close flat.
TXI 02/02 Asc Tri 62.61 -1.8 64.88 71.88 102K 400K 62.92
Buy Not Issued. Ease back holding above support at 62 on very low volume. May test back to support.
UPL 02/05 Flat 53.6 +2.03 53.78 63.75 1.6M 1.2M 51.58
Entered today. Gapped up at the open for a nice gain on very strong volume surge. Came off the day's high of 54.49.
URBN 02/08 Dbl btm 43.3 -0.92 45.42 55 657K 1.9M 44.22
Buy Not Hit. Pullback tapping 43.01 at the intraday low and rallied back on lower, below average volume. May test back to the 10 day MVA (42.80)
WAT 01/11 DB hdl 50 -1.11 48.32 58.42 742K 910K 48.05
Current. Tapped 51.57 at the high, but gave it back holding just above the 10 day MVA on slightly above average volume. May test back to 49.65.
XTO 01/29 DB hdl 38 +0.88 37.12 42.62 3.6M 4.2M 35.91
Buy Not Issued. volatile session testing the 10 day MVA intraday and rallied back on slightly above average volume. Did not enter the play today because volume was not there and too volatile. Will let the stock test back.
YELL 01/25 Test 50 57.26 +0.11 53.35 60 957K 1M 54.88
Current. Continue with uptrend on slightly above average volume.
ZQK 02/02 Flat 31.15 -1.95 30.82 35.99 720K 650K 32.05
Current. Pullback taking away all of this week's gain on stronger above average volume. May test back to the 10 day MVA (31)
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
EWBC 01/27 Put 36.86 -1.01 37.38 35.32 406K 460K 38.24
Current. Nice move down the 10 day MVA on stronger above average volume holding at some support.
KDE 01/22 Put 17.56 -0.45 18.43 16.89 125K 185K 18.46
Current. Nice move down the 10 day MVA on lower, below average volume.
MFE 01/19 Put 23.72 -0.1 24.92 23.04 3.4M 3M 23.22
Current. Continue to move down the 10 day MVA on much lower, but average volume.
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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