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stock split, stock recommendation
Begin part 2 of 2
Next full report issues Saturday.
THE PLAYS
Good movers: CAND; GLW; KOSP; NOV; NTES; SOSA; UNWR
NEW PLAYS:
Upside:
Play Date: 06/16/2005
CY (Cypress Semiconductor--$14.59; +0.7; optionable): Semiconductors
http://biz.yahoo.com/p/c/cy.html
After Hours: $14.57
STATUS: Cup w/handle. CY is breaking out from its 17 week base on strong volume. Strong 4 to 1 accumulation in the base (4 up price weeks on rising volume to 1 down price weeks on rising volume) set up the move, and the volume Thursday shows there is a lot of interest. This is the first really good base off of the decline that took it through 2004. Strong money flow is leading the way and relative strength is ready to breakout. Looking to take some positions on a further move and then add when it makes its first successful test of this level.
Volume: 6.756M Avg Volume: 3.064M
BUY POINT: $14.75 Volume=3.5M Target=$17.65 Stop=$13.84
POSITION: CY IV - Sept. $12.50c (72 delta) &/or Stock
http://www.investmenthouse.com/ct/cy.html
Play Date: 06/16/2005
VIVO (Meridian Biosciences--$20.43; +0.46; optionable): Diagnostic substances
http://biz.yahoo.com/p/v/vivo.html
After Hours: $20.37
STATUS: Breakout test. Nice breakout from its 5.5 month base just over a week back. VIVO came back to test that move, holding the 10 day EMA (19.72) on the test. Thursday volume shot back up as VIVO resumed the breakout move. Ready to move in as it continues higher. A nice base that used both the 50 day EMA (18.11) and the 200 day SMA (15.92) at key support points. Strong money flow and a relative strength breakout are icing on the cake. Lower average volume, but solid and moving to a new all-time high.
Volume: 464.963K Avg Volume: 95K
BUY POINT: $20.55 Volume=200K Target=$23.65 Stop=$19.26
POSITION: ZUG JD - Oct. $20c (58 delta) &/or Stock
http://www.investmenthouse.com/ct/vivo.html
CONTINUING PLAY TABLE:
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http://www.investmenthouse.com/rescue/rescue.php3
LEGEND
DATE: date play first appeared on report.
PLAY: Denotes the type of pattern or play.
Upside play types: Asc Tri=Ascending triangle/wedge; 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/wedge; 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.
Upside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
APH 05/11 Cup hdl 42.59 +0.27 40.38 45.45 223K 762K 41.92
Current.
BABY 05/09 DB hdl 10.55 -0.02 9.66 11.51 117K 229K 10.24
Current.
BYD 06/02 Flat 55.05 -0.07 55.88 63.45 466K 1M 54.55
Current.
CAND 06/08 Cup hdl 6.9 +0.3 6.38 7.68 455K 300K 6.32
Current.
CLHB 05/11 DB hdl 23.63 +0.17 20.35 24.45 266K 209K 22.47
Current.
CMVT 06/15 Cup hdl 24.59 -0.16 25.55 29.55 2M 3.5M 24.31
Buy Not Hit.
CTSH 06/08 Cup hdl 49.45 +0.75 48.51 54.85 1.4M 2.4M 47.11
Current.
CWTR 05/23 Cup hdl 23.16 +0.22 20.15 24 400K 543K 22.38
Current.
DADE 05/25 Test BO 65.47 -1.54 68.25 73.45 609K 325K 66.94
Exited.
DADE 05/11 Cup hdl 65.47 -1.54 66.78 73 609K 348K 66.94
Exited.
DO 06/10 Cup hdl 54.3 +0.37 51.38 60 1.6M 3M 52.89
Current.
DSTI 06/04 DB hdl 12.95 -0.5 8.71 11.25 1.5M 394K 13.45
Current.
DTAS 05/31 Asc Tri 11.19 +0.17 11.09 13 211K 954K 10.77
Current. Tested the 18 day EMA intraday and rallied back for a nice gain on low volume. Meeting resistance at 11.20.
DVN 06/13 DB hdl 49.18 +0.54 48.49 55.78 3M 4.5M 46.95
Buy Not Issued.
ENR 06/11 Test BO 62.35 -0.53 63.68 70 245K 560K 62.21
Buy Not Issued.
FLSH 06/02 Cup 26.67 +0.77 22.75 26.38 489K 1.1M 21.62
Buy Not Hit. Continue with low volume ascent. Will drop for now and let test back.
FSL 05/04 DB hdl 20.38 +0.12 19.03 22 626K 2.3M 19.75
Current.
GET 06/06 Cup hdl 43.27 +0.09 42.89 48.92 138K 256K 41.65
Buy Not Issued.
GLW 05/21 Test BO 16.77 +0.29 15.23 18.22 11M 14M 15.62
Current.
GNSS 05/25 Cup hdl 19.2 -0.05 16.94 19.85 564K 1.2M 18.55
Current.
GSIC 06/13 Cup hdl 17.08 +0.13 17.12 20.55 324K 500K 16.05
Buy Not Issued.
GTK 06/07 Cup hdl 29.73 +0.47 29.54 34 587K 1.5M 28.25
Buy Not Issued.
HMA 06/11 Cup 26.29 -0.32 26.53 30.39 1.2M 2.4M 25.68
Current.
HNT 06/06 Cup hdl 36.15 +0.68 35.78 40.69 3.2M 1M 35.65
Current. Gapped up for a nice gain on very strong volume surge. Continue with the uptrend.
HTCH 05/12 Test BO 41 +0.16 38.68 44.44 518K 691K 40.82
Current.
HTRN 05/19 Test 50 13.69 -0.1 13.35 15.38 230K 388K 13.05
Current.
IJJ 06/09 Cup hdl 67.3 +0.48 66.08 69 1M 300K 65.89
ILMN 04/30 DB hdl 12.15 -0.05 10.48 12.32 729K 400K 11.77
Current.
INGR 05/10 Asc Tri 34.54 +0.14 30.64 34.45 303K 276K 33.35
Current.
JEC 06/11 Rv H&S 55.06 +0.55 54.65 61 124K 474K 52.69
Buy Not Issued.
JWN 05/16 DB hdl 68.35 -0.17 56.58 62.62 1.1M 1.7M 66.48
Current.
KOMG 05/05 Test BO 30.36 -0.04 25.08 28.21 476K 600K 30.05
Current.
KOSP 05/02 DB hdl 61.45 +2.54 50.55 58.95 989K 1.2M 56.68
LCAV 05/18 FlyPlat 47.74 +0.05 41.85 47 625K 656K 45.89
Current.
LRCX 06/13 Cup hdl 30.31 +0.03 31.88 36.65 2.2M 4M 30.42
Buy Not Hit.
MCRS 05/18 Test BO 46.43 -0.16 42.82 48.25 231K 545K 45.04
Current.
MRVL 05/28 Test BO 39.52 +0.22 40.81 47 1.4M 5.8M 39.44
Current.
MSCC 05/14 DB hdl 20.08 -0.02 19.02 22.65 571K 900K 19.75
Current.
NIHD 06/08 Test BO 63 -0.79 61.04 68.39 827K 1M 61.15
Current.
NOV 06/15 Dbl btm 48 +0.92 47.89 54.99 1.3M 2.8M 46.08
Entered today.
NSM 06/04 Cup hdl 21.07 +0.03 21.63 25.88 3.4M 6.1M 20.48
Current.
NTES 06/07 Test BO 58.9 +2.89 56.53 65.89 1.7M 1.1M 54.77
Current.
NTGR 05/25 Test BO 19.13 +0.18 18.89 21.68 230K 1.5M 18.75
Current.
ORBK 06/07 Cup hdl 21.82 -0.16 22.12 25 37K 150K 21.25
Buy Not Hit.
PGIC 06/14 Cup hdl 15.58 -0.17 14.58 17.12 622K 365K 13.59
Buy Not Issued.
PSTI 05/04 Asc Tri 19.89 -0.23 16.66 19.22 253K 250K 19.42
Current.
PWAV 05/14 DB hdl 10.34 +0.13 9 10.69 2.5M 3.5M 9.68
Current.
RATE 06/14 Cup hdl 17.78 -0.13 18.78 22 123K 155K 17.97
Buy Not Hit.
SOSA 06/09 Cup hdl 8.5 +0.14 8.51 10.22 874K 831K 8.11
Entered today.
SPLS 06/13 Cup hdl 22.34 -0.03 22.58 26 3.3M 6.5M 21.85
Buy Not Hit.
TLWT 04/30 Test 50 21.93 +0.13 18.61 22.42 891K 1.5M 20.98
Current.
TWI 06/04 Flat 15.29 -0.21 15.38 18.21 76K 263K 15.25
Current.
UNWR 06/15 Cup hdl 5.5 +0.15 5.48 6.72 1.3M 1M 5.12
Entered today.
USPI 05/21 Asc Tri 52.86 -0.25 48.25 54.25 260K 428K 52.11
Current. USPI announced its first split ever after hours. It will split its stock 3 for 2. This is why we play the leaders.
WFR 05/28 Cup hdl 15.9 +0.13 15.17 17.89 1.7M 2.6M 15.45
Current.
XXIA 05/26 Cup hdl 21.11 +0.03 18.72 22.28 722K 987K 19.78
Current.
Good Investing!
Jon L. Johnson and your Technical Traders Report Team
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 in 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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