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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers: ADBE; CHS; CVH; ESRX; MON; SIE; UNH
New Downside Plays:
Will let them set up a bit more on a further bounce.
New Post Split Plays:
Play Date: 03/30/2005
MATR (Matria Healthcare--$30.26; +0.69; optionable): Home health care
http://biz.yahoo.com/p/m/matr.html
STATUS: Cup w/handle. A short but nice 8 week base has formed over key support at the 50 day EMA (28.43) as it sets up for a breakout to a new all-time high. Excellent 4 to 0 accumulation (4 up price weeks on rising volume to 0 down price weeks on rising volume) shows all buying as it sets up for the move. Strong money flow is leading higher and relative strength is ready to make a breakout as well, a good corroboration of any breakout move. It formed this base right after it split, not atypical action. We like to look at post split plays after their first base following the split as that resets the clock so to speak and they make the next move higher.
Volume: 64.915K Avg Volume: 235.409K
BUY POINT: $30.64 Volume=353K Target=$36.85 Stop=$29.11
POSITION: PQT FF - June $30c (57 delta) &/or Stock
http://www.investmenthouse.com/cs/matr.html
Play Date: 03/30/2005
PSUN (Pacific Sunwear--$27.20; +0.69; optionable): Apparel stores
http://biz.yahoo.com/p/p/psun.html
After Hours: $27.24
STATUS: Test 50 day EMA (26.04). PSUN Surged higher to start March, gapping and running to 29 on news of surging February sales. It has come back this month to fully test that move, holding the 50 day EMA this past week, filling the early March gap higher. It broke out from a nice 16 week base, and this test, though deep, has held over the top of that base. That is a sign of strength. Money flow has turned back higher ahead of price. Volume was not where it needed to be Wednesday when the stock bounced, but it looks ready to follow the money higher.
Volume: 1.172M Avg Volume: 1.481M
BUY POINT: $27.55 Volume=2M Target=$33 Stop=$26.85
POSITION: PVQ IE - Sept. $25c (82 delta) &/or Stock
http://www.investmenthouse.com/cs/psun.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
ADBE 03/17 Test 50 67.73 +1.51 67.15 74 2.4M 3M 65.55
Current.
AHC 03/25 Test 50 94.15 +0.7 96.48 110 2M 2M 93.55
Buy Not Hit.
APPB 03/03 Test BO 28 +0.38 28.75 33 411K 900K 27.94
Buy Not Issued.
APPX 03/29 Asc Tri 51.62 +0.28 53.35 61.45 410K 975K 49.78
Buy Not Hit.
ARO 03/07 DB hdl 32.68 +0.06 34.35 39.95 956K 1.5M 33.25
Buy Not Issued.
ARRO 03/25 Test BO 34.83 +0.84 36.34 41 122K 380K 34.88
Buy Not Hit.
BEBE 03/25 Test BO 33.02 -0.21 33.32 38.38 656K 775K 30.99
Current.
BOL 03/23 Asc Tri 74.7 +2.26 75.05 82 522K 700K 73.22
Buy Not Hit.
CAKE 02/26 Test BO 36.25 -0.3 34.92 39 773K 650K 35.55
Current.
CHD 03/12 Test 18 35.28 +0.15 36.05 42.45 174K 393K 34.96
Buy Not Issued.
CHE 03/22 Test 50 76.25 +0.45 75.58 82 115K 114K 74.65
Buy Not Issued.
CHS 03/25 Test 50 28.42 +0.81 27.82 32.65 1.4M 2.8M 27.38
Current.
CNMD 03/29 Cup hdl 30.03 -0.13 30.55 34.75 232K 300K 29.44
Buy Not Hit.
COH 03/22 Test 50 56.84 +0.78 57.24 64 760K 1.4M 55.78
Buy Not Issued.
CTSH 02/24 Test BO 45.44 +0.9 47.18 55 1.1M 2.5M 45.68
Current.
CVH 02/19 Test BO 68.18 +1.57 60.48 67.55 862K 1.4M 63.88
ESRX 03/17 Test BO 87.67 +2.9 83.35 94 1.1M 900K 84.38
Current.
IEX 03/10 Test 18 40.5 +0.8 41.11 46 175K 348K 50.05
Buy Not Issued.
INFY 02/11 Rv H&S 73 +0.41 74.05 85 251K 1.1M 74.54
Current.
MON 03/25 Test BO 63.6 +2.66 63.45 73 2.3M 2.5M 60.27
Entered today.
OPTN 03/10 Test BO 20.69 -0.05 20.38 23.45 321K 335K 20.39
Current.
OSG 03/22 Cup hdl 61.55 +1.21 65.45 78 633K 823K 62.22
Buy Not Hit.
PIXR 03/23 Cup hdl 95.02 +2.1 94.05 104 586K 770K 91.22
Buy Not Issued.
PPDI 02/08 Cup hdl 48.1 +0.53 45.12 51 799K 722K 46.38
Current.
RRGB 03/29 DB hdl 50.56 +0.14 51.05 60 473K 300K 48.55
Buy Not Hit.
SIE 03/15 Test 18 63.94 +1.44 62.87 69.95 264K 400K 61.68
Current.
TDY 03/17 Test 50 31.99 +1.24 31.65 38 119K 290K 30.61
Buy Not Issued.
TTC 02/19 Test BO 89.55 +0.55 84.45 95 80K 308K 87.74
TTWO 03/19 FlyPlat 40.1 +1.26 41.31 46 785K 2M 39.89
Buy Not Issued.
UNH 02/26 Test 50 95.71 +2.64 91.65 100 3.5M 3M 91.05
Current.
URBN 03/28 Test 50 47.68 +1.39 47.87 53.95 1M 1.2M 45.55
Buy Not Issued.
VMSI 03/22 Test 50 37.47 +0.47 35.24 40 519K 400K 36.25
Current.
VMSI 03/03 Test 50 37.47 +0.47 34.53 38 519K 275K 36.25
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AN 03/29 Put 18.78 -0.04 18.75 17.73 1.2M 1.1M 19.15
Buy Not Issued.
MHP 03/15 Put 87.89 +1.83 87.98 85.97 1.1M 1.1M 86.48
Current.
RRC 03/29 Put 22.85 0 22.27 20.71 1.5M 700K 23.19
Entered today.
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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stock split
stock recommendation
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