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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS
Good movers: AYE; BCR; CI; ESRX; FTO; GTIV; NMGA; XLE
New Pre-Announcement Play:
Play Date: 04/27/2005
SIVB (Silicon Valley Bancshares--$46.96; +0.65; optionable): Regional Pacific banks. Announced earnings 4-21-05. Researching next date.
BACKGROUND: Announced 2:1 splits in 1998 and 2000 at $55.
http://biz.yahoo.com/p/s/sivb.html
STATUS: Breakout test. Silicon Valley is back, baby. Volume backed off to below average Wednesday as SIVB moved off the 18 day EMA (45.94). It looks to have completed the test, but volume needs to at least move back above average as it makes the move. A nice 14 week ascending triangle that broke out two weeks back, ignoring the market and its selling. A nice, orderly test of that strong volume move has set up the rebound. Strong 5 to 2 accumulation shows the buying interest along with money flow surging ahead of price. Ready to continue the move.
Volume: 375.215K Avg Volume: 356.6K
BUY POINT: $47.11 Volume=515K Target=$53 Stop=$45.55
POSITION: SQU HI - Aug. $45c (73 delta) &/or Stock
http://www.investmenthouse.com/cs/sivb.html
Continuing Pre-Announcement Play:
Play Date: 04/21/2005
DADE (Dade Behring Holdings--$60.24; +0.89; optionable): Diagnostic substances
http://biz.yahoo.com/p/d/dade.html
After Hours: $60
STATUS: Double bottom w/handle. Strong volume Wednesday as DADE moved toward the breakout, clearing the 50 day SMA (60.25) but fading to close just below that level. Solid 8 week base has set up to deliver a breakout and a run toward a new high. Money flow is strong and leading the way as is relative strength.
Volume: 481.797K Avg Volume: 220.669K
BUY POINT: $60.25 Volume=319K Target=$66.45 Stop=$58.89
POSITION: JDQ HL - Aug. $60c (53 delta) &/or Stock
http://www.investmenthouse.com/cs/dade.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
AMHC 04/12 Test BO 38.07 +0.13 37.42 43.45 658K 713K 37.65
Current.
APPX 03/29 Asc Tri 54.51 -1.11 54.91 62.45 235K 975K 54.94
Current.
ATK 04/26 Test 50 69.96 -0.14 71.15 78.35 156K 458K 70.11
Buy Not Hit.
AYE 04/18 Test 50 24.09 +0.44 22.28 26.75 4.6M 1.2M 23.12
Current.
BCR 04/02 Test 18 70.77 +1.33 69.45 77 462K 882K 69.05
Current.
CHTT 04/21 Test 50 41.4 -0.03 42.62 48.89 233K 300K 41.35
Buy Not Hit.
CI 04/16 Cup hdl 90.54 +3.04 90.49 100 1.2M 1.6M 88.55
Entered today.
CVH 04/23 Test 50 68.71 +1.13 67.32 75 728K 1.2M 65.05
Buy Not Issued. Tested the 50 day and rebounded. If it can get some volume here it is a buy.
DADE 04/21 DB hdl 60.24 +0.89 60.25 66.45 482K 319K 58.89
Buy Not Hit. Volume was there but DADE was backing off at the close. If it continues higher Thursday, it is a buy.
DIOD 04/23 Cup hdl 27.36 +0.26 27.48 33.35 98K 214K 26
Buy Not Hit. Contemplated entering toward the close, but the volume
was still quite low & it did not make the breakout.
On this one we prefer the breakout move to enter.
ESRX 04/05 DB hdl 89.7 +4.68 88 94 3.2M 1.2M 87.45
Current.
ESRX 03/17 Test BO 89.7 +4.68 83.35 94 3.2M 900K 87.45
Current.
EW 04/25 Test 50 43.99 +0.38 44.05 50 301K 600K 42.55
Buy Not Issued.
FO 04/16 Test BO 85.15 -0.3 87.55 99 695K 908K 85.65
Buy Not Issued. The stock has not made the move we were looking for so will drop, but will keep our eye on it.
FTO 04/18 Test BO 44.6 +0.9 42.11 45.75 942K 525K 43.48
Current.
GPN 04/13 Test BO 65.43 +0.71 64.28 72 277K 300K 64.05
Current.
GPRO 04/19 Cup hdl 52.06 -0.36 51.38 59 569K 1.1M 49.89
Current.
GTIV 04/19 Test BO 18.82 +0.53 17.92 20.75 126K 320K 18.44
Current.
HSY 04/23 Test 50 63.61 +0.27 63.83 70.55 657K 1.1M 61.87
Current.
MCRS 04/23 Cup hdl 36.11 -0.06 38.04 44 429K 469K 37.11
Buy Not Hit.
NMGA 04/23 FlyPlat 100.12 +1.98 96.27 105.65 1.2M 709K 99.48
Current. Nice gap up showing a doji on strong volume. Moved stop loss up. May test back and if so will take some of the option gain and look for new positions, because it is a strong stock.
ORCT 04/21 Test BO 19.98 -0.54 21.98 26 165K 725K 20.44
Buy Not Hit.
PDCO 04/16 Test 18 50.61 +0.16 52.12 56.25 513K 1.1M 50.89
Buy Not Issued.
PDS 04/26 Dbl btm 73.97 -2.5 78.12 84 434K 501K 76.55
Buy Not Hit.
PFCB 04/12 Test BO 56.88 -1.1 59.55 68 492K 582K 57.98
Buy Not Issued. The stock has not made the move we were looking for so will drop.
RESP 04/21 Asc Tri 64.54 +0.52 61.44 68 211K 295K 63.48
Current.
SRX 04/26 Cup hdl 65.54 +0.03 66.65 74 236K 300K 64.22
Buy Not Hit.
STN 04/26 Test 50 65.54 -2.71 68.75 75 1.6M 800K 66.38
Buy Not Hit.
STZ 04/21 Test BO 54.19 -0.34 55.65 63.75 1M 1M 53.69
Buy Not Hit. Has made the full test of the gap higher in early April, showing a nice tight doji Wednesday right at the 50 day MA. Good test & set up well to rally into split.
SWN 04/23 Rv H&S 60.26 +0.16 61.05 65.42 379K 650K 58.35
Buy Not Issued. Nice doji at the 10 day MA as it looks ready to complete the slight pullback that sets up the breakout.
VLO 03/31 Test 18 68.92 -4.33 75.98 86 13M 5.5M 73.05
Current. Oil plunge hurt it, but gasoline supplies are very
low. It held near 50 day MA & it needs to bounce here.
XRAY 04/16 Cup hdl 54.47 +0.19 56.22 62 533K 700K 54.98
Buy Not Hit. The stock has not made the move we were looking for so will drop, but will keep our eye on it.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ADBE 04/25 Put 58.45 -0.67 59.45 57.05 5.5M 4.5M 58.88
Current.
JCI 04/23 Put 55.01 -0.39 54.75 52.72 1M 950K 55.21
Buy Not Hit.
MCK 04/20 Put 36.35 +0.3 35.25 33.72 2.2M 2M 35.65
Current.
TTC 04/26 Put 41.63 -0.01 41.46 39.93 569K 400K 41.89
Entered today.
XLE 04/19 Put 40.86 -1.08 41.19 39.84 29M 2M 41.37
Current.
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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