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Begin part 2 of 2
THE PLAYS
Good movers: CELL; DNA; MINI; MRVL; SNDK; SMH; TECH; USNA
New Post-Split Play:
Play Date: 08/29/2005
FLO (Flowers Foods--$24.82; +0.12; optionable): Processed and packaged goods
http://biz.yahoo.com/p/f/flo.html
STATUS: Test 18 day EMA. FLO broke out from a 6 month base in late May and then rallied up the 18 day EMA (26.09) through June and July. After that move it needed a breather and came back to the 50 day EMA. It bolted off that level just over a week back and then slid back last week to test that move. It has held above the 18 day EMA on this low volume test. We are looking for an above average volume bounce off this level to start the play and ride FLO higher on its next run up the 18 day EMA.
Volume: 224.4K Avg Volume: 267.467K
BUY POINT: $27.12 Volume=300K Target=$31.65 Stop=$25.96
POSITION: FWW AW - Jan. $26.625c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/flo.html
New Pre-Split Play:
Play Date: 08/29/2005
RMD (Resmed--$71.49; -1.01; optionable): Medical appliances. Splits 2:1 on 10-3-05
http://biz.yahoo.com/p/r/rmd.html
STATUS: Breakout test. RMD made us some solid money earlier in the month when it broke out of its 6 week lateral base over the 50 day EMA (66.87), rallying over 75 on the move. It has come back on lower trade to test the move, holding at the 10 day EMA (70.89) Monday with a very nice, tight doji on that near support. Volume jumped back above average Monday as RMD made this test. Strong money flow remains even on the pullback. Looking for a continued rebound off this level on more solid volume to enter the play on this outstanding leader.
Volume: 418K Avg Volume: 262.638K
BUY POINT: $72.05 Volume=350K Target=$79.95 Stop=$70.77
POSITION: RMD AN - Jan. $70c (63 delta)
http://www.investmenthouse.com/cs/rmd.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
AAPL 08/24 Test BO 45.84 +0.1 46.92 53.95 9.1M 29M 44.89
Current. Bounced off the 18 day MVA on low volume holding the 10 day MVA. Moving up after testing the breakout.
ADSK 08/04 Dbl btm 41.41 +0.09 37.62 43.38 1.8M 2.7M 40.94
Current. Gapped down at the open and rallied back on low volume. Still in uptrend.
AMED 08/19 Test BO 40.45 -0.96 42.41 47.25 1.5M 500K 41.21
Exited.
AMED 07/23 Test BO 40.45 -0.96 39.48 44.98 1.5M 500K 41.21
Trailing Stop.
AMHC 08/25 PreAnn 43.42 -0.02 44.44 51 293K 578K 42.77
Buy Not Hit.
AMX 08/04 Test BO 22.12 +0.1 22.21 25.55 994K 5M 21.54
Buy Not Issued. Bounced holding the 18 day MVA on lower below average volume. still in the pattern.
ANSI 08/09 PreAnn 51.51 +0.59 51.45 60.78 262K 600K 49.65
Buy Not Issued. Tested the 18 day MVA intraday and rallied back on rising, but below average volume. Meeting resistance at 52.50.
ATVI 08/13 Test BO 21.41 +0.51 20.05 23.45 1.8M 2.8M 19.42
Buy Not Issued. Volume was still low but probably good enough to enter. We held off given the relief bounce action in the market.
A test back and rebound will be an entry point but
want to see continuing improving trade.
BJS 08/25 PreSplt 60.65 +1.17 61.24 67.31 2.6M 2.4M 58.94
Entered today. Moved higher on the storm news then pulled back to
close though held the 18 day EMA. Expecting to see
it improve as extent of storm damage unfolds this week.
CELL 08/16 PreSplt 28.18 +1.21 25.55 28.67 382K 368K 25.98
Current.
CETV 08/13 PreAnn 53.77 +0.27 51.28 58.95 25K 250K 52.44
CHRW 08/25 PreAnn 60.92 +0.63 61.33 68.95 368K 765K 59.65
Buy Not Hit.
CMVT 08/20 Test BO 25.74 +0.16 26.32 29.95 1.1M 2.1M 25.55
Buy Not Issued. Gapped down at the open and rallied back holding the 18 day MVA on lower below average volume. Still in the pattern.
CWTR 08/11 PreAnn 30.82 -0.51 27.88 32.38 862K 712K 30.32
Pullback on lower but above average volume. Still in uptrend.
DADE 07/30 PreSplt 72.07 +0.17 73.66 79.98 222K 500K 72.54
Current. Testing the breakout. Should be ready to bounce from here.
DNA 06/08 Test 18 91.12 +1.31 81.28 90 3M 7.6M 86.21
Current. Bounced off the 18 day MVA for a nice gain on rising, but average volume. Meeting some resistance here.
DNA 04/28 Test BO 91.12 +1.31 70.42 81 3M 8.2M 86.21
Current.
ESRX 08/13 Test BO 57.59 -0.12 56.04 63.11 873K 1.6M 56.33
Current. Pullback tapping 57.07 at the intraday low and rallied back on below average volume. Beginning to level off.
FTO 08/24 Asc Tri 33 +1.8 32.25 37.55 1.6M 1.5M 30.35
Buy Not Hit. Gapped higher out of the pattern and held most of the
move. A refiner so it services are continuing its demand.
GYI 08/16 Test BO 84.96 +0.88 82.69 92.92 437K 742K 81.77
Current. Continue with the uptrend on rising, but below average volume. Came off the day's high of 85.73.
HRS 08/04 Test BO 37.29 +0.1 37.45 42.22 528K 1M 36.94
Current. Tapped 36.46 at the intraday low and rallied back showing a doji on lower below average volume. Should be ready to bounce from here.
IEX 08/08 Test BO 42.92 +0.29 43.15 48.99 90K 315K 42.72
Current. Gapped down at the open and rallied back holding the 18 day MVA on low volume. Meeting some resistance at 43.
JAH 08/18 Test 50 38.1 +0.31 37.88 43.68 323K 959K 36.25
Buy Not Issued. Tested the 18 day MVA and rallied back on low volume meeting some resistance here. Needs to pullback.
JOYG 08/09 Test BO 42.79 +1.3 42.12 48.94 2.1M 1M 41.35
Current.
KMG 08/16 Test BO 85.49 -0.53 87.28 97.95 1.4M 3.3M 85.48
Current.
LLL 08/17 PreAnn 81.29 +0.71 81.07 90.95 400K 1.2M 79.92
Current.
LM 08/09 PreAnn 106.23 +0.26 108.71 120.55 675K 1.8M 106.22
Current.
LSS 08/27 Test 50 51.55 +0.9 52.39 59.95 376K 800K 51.15
Buy Not Hit.
MINI 08/23 Test 50 40.94 +0.61 40.91 46.95 98K 150K 39.19
Entered today. Volume was not huge but not bad either. As it makes
metal buildings/trailers used in construction projects,
the storm is a good boost to its business.
MRVL 08/18 PreAnn 46.41 +1.05 43.48 49.45 2.9M 3.3M 44.65
Current.
MSCC 08/17 Test BO 23.35 +0.25 23.54 27 429K 900K 22.29
Buy Not Issued. Looking ready here with a gap lower that held above
the 18 day EMA (22.76), followed by a rebound on rising
though low trade. Just about there.
NBL 08/25 PreSplt 84.36 -0.17 85.68 93.88 987K 1.3M 84.52
Buy Not Issued.
RESP 08/27 Test BO 38.7 -0.38 39.48 44.95 170K 525K 38.21
Buy Not Hit. Gapped up at the open, but gave it back on lower below average volume. May continue to test back to the 10 day MVA (38.50)
RS 08/27 PreAnn 47.7 +0.14 48.25 54.95 238K 406K 47.15
Buy Not Issued.
SMH 08/22 Test 50 36.79 +0.5 37.05 41.38 16M 21M 36
Current. Bounced off the 50 day MVA for a nice gain on below average volume. Meeting some resistance at 37.
SNDK 08/23 Test 18 38.93 +1.65 35.62 40.96 13M 520K 35.82
Current. Nice move up the 10 day MVA on excellent volume surge. Came off the day's high of 39.96.
SYK 08/06 Test BO 53.74 +0.77 53.35 59.99 924K 2M 52.78
Current.
TECH 08/13 PreAnn 55.09 +0.86 49.92 56.95 436K 365K 53.32
USNA 08/20 PreAnn 51.04 +1.46 50.22 57.21 158K 300K 48.55
Current.
USPI 08/23 Asc Bse 39.51 +0.79 39.08 43.96 289K 550K 37.68
Buy Not Issued.
VIVO 08/18 PreSplt 24.56 -0.65 25.65 30.75 125K 187K 24.22
Buy Not Issued. Tapped 26.21 at the intraday high, but gave it back holding just below the 18 day MVA on rising, but average volume. Did not enter the play because stock spent session coming off the day's high.
WC 07/28 Test 50 70.46 -0.08 67.45 75.75 111K 350K 69.89
Current.
WFT 08/27 PreAnn 64.47 +0.34 64.82 72.95 1.6M 3M 63.77
Buy Not Issued.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
HRB 08/20 Put 26.85 +0.21 27.43 26.41 2.4M 1.1M 26.89
Current. Bounce on stronger above average volume. May continue to test up to 27.
ISSC 08/13 Put 17.29 -0.21 17.31 16 312K 400K 17.75
Current. Gapped down tapping 16.92 at the intraday low on rising, but average volume. Continue with downtrend.
YHOO 08/27 Put 33.68 +0.11 33.42 31.92 11M 17M 33.95
Buy Not Issued. Bounced on rising but below average volume holding the 10 day MVA. May continue to test up to 33.85
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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