us stock market, stock recommendation

Begin part 3 of 3

THE PLAYS

Good movers: AEZ; CVD; ANX; ENER; FIC; VAS; GMR; JOSB; TBL

Monday night play results:
AEZ: Still moving well on solid trade.
ORBK: Tried to make the next move higher but volume did not go with it.
SMH: Could not push the move further, holding near the 10 day EMA.
FST: Tested the 50 day EMA on stronger volume.
AMT: Moving higher but needing more volume.
MCHP: Sold back to the 50 day EMA on low volume.
MSCC: Low volume as it holds near the recent highs.

New Plays:

Upside:

Play Date: 08/23/2005
MINI (Mobile Mini--$40.41; +0.62; optionable): Metal mobile buildings
http://biz.yahoo.com/p/m/mini.html
STATUS: Test 50 day EMA. MINI broke out from a 15 week cup with handle base in late July, surging over 44 on strong volume. Came back to the 50 day EMA (38.98) on lower volume the past three weeks, and then volume rebounded the past two sessions as it moved up off the 50 day, volume moving over average Tuesday. Strong 6 to 1 accumulation in the pattern (6 up price weeks on rising volume to 1 down price weeks on rising volume) shows plenty of buying as MINI consolidated, using the 200 day SMA (35.82) at the bottom. After the strong breakout it has fully tested the move. Money flow remains strong, and if it can continue showing the good volume we will be ready to move in as it continues higher through the buy point.
Volume: 146.373K Avg Volume: 95K
BUY POINT: $40.95 Volume=150K Target=$46.95 Stop=$39.69
POSITION: UAC KH - Nov. $40c (54 delta) or UAC BI - Feb. $45c (38 delta) &/or Stock
http://www.investmenthouse.com/ci/mini.html

Play Date: 08/23/2005
MOT (Motorola--$21.26; +0.35; optionable): Telecom equipment
http://biz.yahoo.com/p/m/mot.html
After Hours: $21.28
STATUS: Test 50 day EMA. MOT made us some solid money in July to early August as it made its run after the breakout from its 13 month base. It rallied up the 10 day EMA (21) and peaked early this month and made its first serious test of the breakout. It came back toward the 50 day EMA (19.96), but it turned back up before it fully tested that level; we view that as a sign of strength. Volume started to kick higher Tuesday as MOT cleared the 10 and 18 day EMA and held near the high on the close. A leader in this rally that is starting to lead higher. Ready to stat new positions on a continued volume move higher.
Volume: 13.952M Avg Volume: 16.698M
BUY POINT: $21.42 Volume=20M Target=$24.78 Stop=$20.84
POSITION: MOT AD - Jan. $20c (68 delta) &/or Stock
http://www.investmenthouse.com/ci/mot.html

Play Date: 08/23/2005
SNDK (Sandisk--$35.25; +0.2; optionable): Flash storage products
http://biz.yahoo.com/p/s/sndk.html
After Hours: $35.37
STATUS: Test 18 day EMA. SNDK is another market leader testing near support at the 18 day EMA (34.66) after a nice breakout from a 14 week double bottom with handle base back in late July. Positive accumulation in the base set up the breakout and run higher. Good lower, below average volume on the test is setting up the next move higher. Looking to step in on this leader as it rebounds through the 10 day EMA (35.50).
Volume: 3.928M Avg Volume: 4.606M
BUY POINT: $35.62 Volume=520K Target=$40.96 Stop=$34.48
POSITION: SWQ AG - Jan. $35c (53 delta) &/or Stock
http://www.investmenthouse.com/ci/sndk.html

Continuing plays that look ready to move:

Play Date: 08/20/2005
CMVT (Comverse Technology--$25.87; -0.02; optionable): Telecom processing systems
http://biz.yahoo.com/p/c/cmvt.html
After Hours: $25.87
STATUS: Ascending base. Very tight lateral move over the 18 day EMA (25.69), showing a series of dojis along that near support. Volume has crept higher the past three sessions as it holds this higher level after breaking out from a 16 week ascending triangle. Looks super, and really like the volume that is picking up.
Volume: 1.766M Avg Volume: 1.807M
BUY POINT: $26.32 Volume=2.1M Target=$29.95 Stop=$25.55
POSITION: CQV AE - Jan. $25c (60 delta) &/or Stock
http://www.investmenthouse.com/ci/cmvt.html

Play Date: 08/18/2005
VIVO (Meridian Biosciences--$25.06; -0.42; optionable): Diagnostic substances. Splits 3:2 on 9-6-05
http://biz.yahoo.com/p/v/vivo.html
STATUS: Breakout test. VIVO is massing along the 18 day EMA (24.58) as the market has pulled back. It broke out from a double bottom with handle base in early June and rallied up the 18 day. Money flow is leading higher and we are looking for VIVO to continue the move and give us a nice pre-split run.
Volume: 95.289K Avg Volume: 126.397K
BUY POINT: $25.65 Volume=187K Target=$30.75 Stop=$24.22
POSITION: ZUG AE - Jan. $25c (53 delta) &/or Stock
http://www.investmenthouse.com/ci/vivo.html

Good Investing!
Jon L. Johnson and your IH Alerts 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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