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us stock market, stock ticker
Begin part 3 of 3
THE PLAYS
Good movers: AYE; ASP; EFX; MSCC; TKTX; UTHR; EPIC
Wednesday night play results:
APCS: Held steady on low volume.
DJO: Held steady over the 18 day EMA on continued above average volume.
SYNA: Rallied up to the 18 day EMA on continued below average volume.
New Plays:
Upside:
Play Date: 04/21/2005
HANS (Hansen Natural--$56.08; +2.82; no options): Consumer soft drinks
http://biz.yahoo.com/p/h/hans.html
STATUS: 50 day EMA test. A real market leader, HANS broke out from a short base in mid-March, surging higher off the 50 day EMA (51.43). Excellent 19 point run on that move, and now it has come back to test the 50 day EMA again, setting the stage for the next leg higher. Money flow is still moving higher even as the stock has pulled back. Thursday HANS moved through the 10 and 18 day EMA (55.61, 55.75) on rising, average trade. Looking for that volume to continue moving higher as it moves through the buy point.
Volume: 378.344K Avg Volume: 380.636K
BUY POINT: $56.75 Volume=571K Target=$66 Stop=$54.88
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/hans.html
Play Date: 04/21/2005
CRYP (Cryptologic--$31.21; +1.08; optionable): Business software.
http://biz.yahoo.com/p/c/cryp.html
After Hours: $31.06
STATUS: 50 day EMA test. CRYP broke out in late February, rallied to 35 in late March. It has since faded back to the 50 day EMA (29.74), moving laterally the along that support the last three weeks. Excellent 3 to 0 accumulation in the pattern (3 up price weeks on rising volume to 0 down price weeks on rising volume) shows all buyers as this leader takes a breather and sets up for the next move. Moving for another new high.
Volume: 150.856K Avg Volume: 288.181K
BUY POINT: $31.66 Volume=400K Target=$37.88 Stop=$30.12
POSITION: UFW GF - July $30c (64 delta) &/or Stock
http://www.investmenthouse.com/cd/cryp.html
Play Date: 04/21/2005
NUVA (Nuvasive--$13.25; -0.18; no options): Medical instruments
http://biz.yahoo.com/p/n/nuva.html
STATUS: Cup w/handle. A very nice lateral handle is forming over the 10 day EMA (12.95) as NUVA sets up for the breakout form its 11 week base. It used the 50 day EMA (12.50) as support, an important institutional support level. Accumulation is positive at 3 to 2 as it prepares for a new all-time high. A new issue in May 2004, this is its first really nice base after its 7 month correction to start its life. Excellent relative strength.
Volume: 169.5K Avg Volume: 139.454K
BUY POINT: $13.77 Volume=209K Target=$16.54 Stop=$12.85
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/nuva.html
SUBSCRIBER PORTFOLIO: These are stocks subscribers suggest by vote that we put in a portfolio to track and move into the stocks if they perform well. If you have any suggestions for additions or deletions, email us. We don't cover them all each report, just when something interesting is developing.
AAPL, BLUD, BR, COH, HW, STN, TSRA
BLUD: Still moving in a very tight, lateral range above the 50 day EMA.
TSRA: In a nasty plunge after hours, making the fall.
SUBSCRIBER WATCHLIST
We continually receive ideas for potential plays from subscribers. Many times they are already on our watchlists, other times not. We always take a look and sometimes find a gem or two, or more. We don't necessarily endorse these, but want to provide a forum for subscribers with ideas that may appeal to other subscribers. We may just put on the ticker or we might describe our thoughts as to why or why not we think it is a buy or sell. This is a way we can all learn a bit more and maybe find a few more candidates to make us some good money.
Downside:
ARLP: Has moved up to the 200 day SMA on strong volume Thursday. It is still ready to roll back over, but given the stronger volume Thursday we need to see the stock turn over on volume as well.
AVID: Doji at the 10 day EMA and below the 200 day SMA after crashing through that level two weeks back.
Good Investing!
Jon L. Johnson and The Daily 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
stock ticker
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