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us stock market, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers Wednesday: AET; COGN; URBN
NEW PLAYS:
New Pre-Split Plays:
Play Date: 03/02/2005
COH (Coach--$57.25; +1.16; optionable): Purses, etc. Splits 2:1 on 4-5-05
http://biz.yahoo.com/p/c/coh.html
STATUS: Cup. Volume was up well above average Wednesday as COH started the breakout move from its 8 week base that formed using the 50 day EMA (54.40) as support. That is an important support level as it shows institutions stepping in. Accumulation is excellent at 4 to 1 (4 up price weeks on rising volume to 1 down price weeks on rising volume), another sign of very good support as buyers outnumber the sellers. That has set up the breakout, and it is starting that. Solid money flow and relative strength is ready to breakout as well, a good corroboration of the move. The breakout is a good point to add to positions.
Volume: 1.783M Avg Volume: 1.323M
BUY POINT: $57.48 Volume=1.4M Target=$63.45 Stop=$55.28
POSITION: COH HK - Aug. $55c (68 delta)
http://www.investmenthouse.com/cs/coh.html
Play Date: 03/02/2005
XTO (XTO Energy--$44.12; +0.84; optionable): Oil and gas. Splits 4:3 on 3-17-05
http://biz.yahoo.com/p/x/xto.html
STATUS: Test breakout. XTO blasted higher to start February, breaking out form a 9 week double bottom with handle base. It surged all the way to 46 and is now making its second test of the 10 day EMA (43.01). Strong stocks rally up the short term MA (10 and 18 day EMA), making 4 to 5 bounces. That leaves XTO plenty of upside on this run. Wednesday XTO started to bounce off the 10 day but could use a bit more volume. It can run like the wind when it gets started. Strong money flow and a relative strength breakout on the move show its strength.
Volume: 2.75M Avg Volume: 2.971M
BUY POINT: $44.37 Volume=3M Target=$47.95 Stop=$42.89
POSITION: XTO EI - May $45c (46 delta)
http://www.investmenthouse.com/cs/xto.html
CONTINUING PLAYS
* * 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://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 87.51 -0.02 82.38 90 233K 850K 86.05
AET 02/08 Flat 150.62 +2.5 130.25 140 1.9M 2.2M 140
Current.
AMMD 02/03 Test 50 39.25 -0.21 41.25 46.55 489K 325K 38.54
Buy Not Issued.
ANF 02/12 Test 18 56.57 +0.85 55.39 62.55 1.9M 2M 53.44
Current.
ASTM 03/02 Test 50 3.09 +0.47 3.08 4.15 20M 18M 2.86
Entered today. Bonus. A nice winner for us in January, it needed a
break after the surge & spent 6 weeks testing. Made
double bottom @ 50 day EMA & jumped Wed. on strong trade.
BAX 02/18 DB hdl 35.35 -0.18 35.46 42.25 2.5M 3M 35.15
Current.
BDX 01/31 Test BO 59.7 -0.18 57.07 63 868K 1.1M 58.97
Current.
BER 02/26 Test BO 52.08 -0.43 51.88 57 249K 500K 50.87
Buy Not Issued.
BZH 02/24 FlyPlat 170.15 -2.65 169.45 184 546K 775K 170.48
Current.
CDIS 02/26 Test BO 49.69 -0.07 50.55 58 609K 450K 44.45
Buy Not Issued.
CENT 12/15 Cup hdl 45.9 +0.58 41.12 50.15 226K 160K 44.39
Current.
CME 03/01 DB hdl 199 -21 221.05 235 3.9M 1M 218.25
Buy Not Hit. Stock has not performed so will drop.
COGN 02/15 Cup hdl 46.53 +1.8 44.65 50.75 2.5M 1M 45.25
Entered today.
COH 02/17 Flat 57.25 +1.16 55.35 60.45 1.8M 2M 55.38
Current.
CTSH 02/24 Test BO 47.6 -0.01 47.18 55 1.7M 2.5M 45.89
Current.
CVH 02/19 Test BO 63.73 -0.09 60.48 67.55 618K 1.4M 60.89
CWTR 03/01 Cup 28.28 -0.38 28.88 34 131K 300K 27.34
Buy Not Issued.
DHI 02/17 Test BO 43.17 -1.08 43.28 48.55 1.4M 2.8M 43.48
Current.
ESRX 03/01 Flat 77.21 -0.07 78.05 86 795K 1.1M 75.78
Buy Not Hit.
ETN 02/28 Rv H&S 70.09 -0.94 70.88 77 1.8M 1.3M 68.55
Buy Not Issued.
FDX 02/15 Cup 97.16 -0.94 98.15 108 1.2M 2.8M 95.78
Buy Not Issued.
FINL 03/01 Asc Bse 21.32 +0.08 21.24 25 1.3M 1M 20.14
Current.
FLIR 02/23 Cup hdl 31.42 -0.35 32.15 37 224K 843K 30.89
Buy Not Hit.
GGG 02/26 Test BO 38.82 +0.47 38.78 44 141K 400K 37.64
Buy Not Issued.
GPRO 01/19 DB hdl 52.11 +0.01 47.71 54 538K 700K 49.68
Current.
HDI 01/18 DB hdl 61.48 -0.27 61.35 67.55 855K 2.1M 61.48
Current.
IHP 02/22 Test BO 47.72 -0.37 47.62 53.88 89K 138K 47.39
Current.
INFY 02/11 Rv H&S 75.1 -1.05 74.05 85 281K 1.1M 74.88
Current.
IR 02/14 DB hdl 85.26 +0.44 82.84 91 1.2M 1.7M 81.39
Current.
JCOM 02/14 DB hdl 38.87 -0.3 39.45 46 455K 800K 37.88
Current.
LIZ 02/03 Rolling 41.37 -2.34 42.79 48.22 2.3M 835K 43.32
Exited. Earnings were in line but guidance was poor. Gapped
lower and sold it on the rebound attempt.
MCO 03/01 Test 50 85.62 +0.02 85.88 91 525K 822K 83.89
Buy Not Issued.
MDR 02/22 Flat 19.89 +0.08 19.06 23.25 606K 680K 19.38
Current.
MRVL 02/24 Test BO 37.65 +0.19 37.56 43 4.8M 4.5M 35.97
Current.
NBL 02/19 Cup hdl 67.25 +0.97 66.25 72 970K 1.2M 67.22
OMC 01/06 Cup hdl 89.88 +0.03 85.95 98 1.1M 1.4M 88.78
Current.
OPTN 02/28 Test BO 19.29 +0.34 19.45 23 379K 335K 18.88
Buy Not Issued.
ORLY 01/11 DB hdl 51.32 -0.06 46.72 53.88 298K 501K 48.88
PDS 02/08 Test BO 76.29 +0.95 70.32 78.48 347K 400K 76.65
PMTI 02/16 Flat 28.49 -0.41 28.22 33 135K 365K 28.55
Current.
PPDI 02/08 Cup hdl 43.73 +0.81 44.05 60 234K 722K 42.32
Buy Not Hit.
RECN 02/22 Test 50 23.66 -0.82 50.12 55.25 1.3M 525K 48.78
Buy Not Issued.
SCHN 02/19 Dbl btm 38.8 -0.35 39.27 44.55 731K 1M 39.38
Current.
SHFL 02/26 DB hdl 32.53 -0.17 33 38.38 668K 800K 31.32
Current.
SIE 02/24 Test BO 62.31 +0.01 60.32 68 300K 503K 57.89
Buy Not Issued.
SMH 03/01 Rv H&S 34.3 -0.49 34.75 38 42M 37M 33.68
Current.
SONC 02/19 Flat 34.85 -0.41 33.31 37.89 405K 500K 33.98
Current.
STR 02/26 Rv H&S 52.45 -0.16 53.25 59 269K 500K 51.24
Buy Not Issued.
TBL 01/13 Rv H&S 71.57 +0.23 65.88 76.58 238K 500K 70.33
Current.
TDS 02/05 DB hdl 87.02 -0.93 86.22 100 166K 300K 84.32
Buy Not Issued.
TOL 02/19 FlyPlat 87.75 -1.11 85.25 99 1.6M 2.2M 87.78
TTC 02/19 Test BO 87.73 +0.84 84.45 95 164K 308K 83.21
Buy Not Issued.
UNH 02/26 Test 50 91.45 +0.63 91.65 100 2.3M 3M 89.89
Current.
UPL 02/05 Flat 55.85 +1.19 53.78 63.75 936K 1.2M 55.85
Current.
URBN 03/01 Rv H&S 45.54 +1.71 43.55 50 2.4M 1.9M 41.89
Current.
XTO 01/29 DB hdl 44.12 +0.84 37.12 42.62 2.7M 4.2M 44.48
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
CCMP 02/17 Put 32.53 -0.47 31.81 29.81 815K 875K 32.54
Current.
ICF 02/22 Put 128.85 -1.06 127.55 125 90K 165K 128.15
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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us stock market
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