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stock split, stock recommendation
Begin part 2 of 2
Full report issues Tuesday.
THE PLAYS
Good Movers: CBI; COO; DNA; FRK; FTO; GPN; NBL; SRZ; VMC
New Post-Split Play:
Play Date: 10/03/2005
CELL (Brightpoint--$20.21; +1.07; optionable): Logistics services for mobile operators
http://biz.yahoo.com/p/c/cell.html
After Hours: $20.40
STATUS: Test 50 day EMA. Take your eye off a stock and it surges on volume. Monday CELL jumped higher off the 18 day EMA (19.06) following a test of the 50 day EMA (18.01) last week. This is the continuation of the breakout move from a long 24 month cup with handle base. Strong money flow is leading higher. Relative strength broke out on the move. Ready to take positions as CELL continues its rally higher.
Volume: 830.401K Avg Volume: 436.817K
BUY POINT: $20.44 Volume=600K Target=$24.55 Stop=$19.05
POSITION: UAY AD - Jan. $20c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/cell.html
New Pre-Announcement Plays:
Play Date: 10/03/2005
DVA (Davita--$48.19; +2.12; optionable): Specialized health services. Tentatively forecast to announce a split 10-31-05 in conjunction with Halloween.
BACKGROUND: Last announced a 3:2 split on 5-17-04 at $46.20.
http://biz.yahoo.com/p/d/dva.html
STATUS: Ascending base. Strong volume led a strong surge Monday, so we did not want to wait to get this play on the report. It is making the breakout move from a nice 16 week base that formed along the 50 day EMA (46.30). Positive 4 to 3 accumulation shows net buying during the base with money flow leading higher, a good confirmation of the net positive buying. Relative strength is already making the breakout move as well, a very good corroboration of the price breakout. Moving to a new all-time high and ready to move in as it continues.
Volume: 931K Avg Volume: 447.85K
BUY POINT: $48.44 Volume=550K Target=$55.75 Stop=$46.12
POSITION: DVA AI - Jan. $45c (65 delta) &/or Stock
http://www.investmenthouse.com/cs/dva.html
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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http://stocksplits.net/ssr/table.php
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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 54.44 +0.83 46.92 53.95 18M 29M 51.68
Current. Continue with the uptrend on average volume breaking through some resistance at 54.
AAPL 08/12 Cup hdl 54.44 +0.83 46.01 53.58 18M 29M 51.68
Current.
AMX 08/04 Test BO 26.01 -0.31 23.89 27.21 3.1M 5M 24.89
Current. Pullback on slightly above average volume. May continue to test back to 25.58
APA 09/15 PreAnn 75.15 -0.07 73.42 82.54 2.5M 3.8M 73.61
Current. Pullback holding the 10 day MVA on rising, but below average volume. Should be ready to bounce from here.
APC 09/03 PreAnn 96.04 +0.29 92.35 102.95 1.2M 2.4M 94.11
Current.
ATW 09/29 PreAnn 84.18 -0.03 85.88 99.65 132K 498K 83.35
Buy Not Hit.
BER 09/20 Cup hdl 39.1 -0.38 39.02 44.25 478K 600K 38.25
Current.
BJS 08/25 PreSplt 35.76 -0.23 30.62 33.65 3.1M 2.4M 34.25
Current.
BMHC 09/22 Test BO 96.22 +2.96 93.55 107.95 387K 500K 89.75
Buy Not Issued. Continue with low volume ascent. Will drop for now and let test back.
BOOM 09/28 PreSplt 44.64 +0.74 44.29 54.55 1M 1.6M 42.55
Current. Continue to move up the 10 day MVA on average volume. Came off the day's high of 45.79.
BRL 10/01 Cup hdl 54.31 -0.61 55.15 63.95 1.3M 1M 53.05
Buy Not Hit.
CBI 09/06 Test BO 32.5 +1.41 31.45 38.33 412K 622K 31.05
Current. Bounced off the 10 day MVA for a nice gain on below average volume. Broke through resistance at 32.30.
CCJ 09/08 Test BO 54.32 +0.82 52.56 59.98 466K 1.1M 52.45
Current. Tested the 10 day MVA intraday and rallied back on rising, but below average volume. Continue with the uptrend.
CDIS 09/10 PreAnn 63.73 +0.32 61.05 69.95 667K 1.3M 62.25
Current.
CDIS 09/07 Test 50 63.73 +0.32 61.05 69.95 667K 1.3M 62.25
Current.
CELG 10/01 PreAnn 54.58 +0.26 55.57 65.85 5.8M 2.6M 53.15
Entered today. FDA put off one of its drugs for 3 months but CELG
rebounded after gapping lower, showing its strength.
CERN 09/08 PreAnn 86.59 -0.34 83.19 95.95 346K 500K 85.25
Current.
CETV 09/25 PreAnn 52.77 -0.04 53.45 63.88 179K 224K 51.59
Buy Not Issued.
CHRW 09/13 PreSplt 64.46 +0.33 62.82 70.45 647K 600K 62.85
Current.
CLF 09/15 PreAnn 86.21 -0.9 79.95 91.95 317K 850K 83.88
CMTL 09/25 Test BO 40.92 -0.55 40.44 47.95 392K 650K 40.11
Current. Ease back on lower below average volume. May test back to 40.85 but was up 0.50 after hours on no news we could find.
COO 09/17 PreAnn 77.7 +1.09 77.81 87.82 703K 872K 75.12
Entered today.
CVH 09/28 PreSplt 86.08 +0.06 85.55 95.25 672K 2M 83.68
Buy Not Issued.
DNA 04/28 Test BO 86.22 +2.01 70.42 81 4.3M 8.2M 84.98
Current. Nice move up holding just below the 18 day MVA on rising, but average volume. Need to break through resistance at 87.50 (50 day MVA)
DNR 09/01 PreSplt 50.41 -0.03 47.11 52.94 309K 922K 49.95
Current. Pullback on low volume. May begin to level off here.
ESRX 08/13 Test BO 63.04 +0.84 56.04 63.11 1.5M 1.6M 60.88
Current. Broke through resistance at 62 on slightly above average volume.
EXP 09/17 PreAnn 124.2 +2.83 120.95 134.95 258K 234K 116.15
Buy Not Issued. Need a low volume pullback.
FRK 09/10 Test BO 66.08 +1.99 58.82 67.95 583K 810K 63.45
Target Hit. Took some of the money off the table as stock hit the target on rising, but average volume. Will let the remaining position work for us.
FTO 08/24 Asc Tri 45.57 +1.22 33.02 38.39 1.6M 1.5M 43.31
Current. Continue to move up the 10 day MVA for a nice gain breaking through some resistance at 45 on rising, but below average volume.
GD 09/15 PreAnn 119.6 +0.05 118 127 532K 1M 118.24
Current.
GENZ 09/29 PreAnn 71.76 +0.12 72.89 83.78 2.8M 4M 70.88
Entered today. One of the early leaders Monday and moving on solid
volume. It tested and rebounded but then it tailed
off with the rest of the market as the afternoon session
wore on.
GILD 09/10 Cup hdl 47.88 -0.88 47.19 53.95 3.8M 4.2M 47.22
Current. Tapped 49.45 at the intraday high, but reversed on lower, but strong volume. May continue to test back to 47.50.
GPN 09/13 PreSplt 80.71 +2.99 69.72 75.85 726K 350K 78.65
Current. Broke out with explosive move on strong volume surge.
GPRO 09/01 Cup hdl 48.46 -0.99 47.21 54 413K 1.1M 47.38
Current.
GTK 09/22 Test BO 32.25 +0.19 33.05 38.95 1.2M 1.5M 31.97
Buy Not Issued. Tapped 31.59 at the intraday low and rallied back holding the 18 day MVA on lower below average volume. Still in the pattern.
HOC 09/22 PreAnn 64.46 +0.48 62.05 71 300K 467K 61.55
IMDC 09/27 PreAnn 76.1 +0.42 76.25 87.95 513K 985K 74.05
Buy Not Hit.
ISRG 09/27 PreAnn 73.9 +0.61 74.85 89.85 492K 1.5M 72.88
Buy Not Issued. Tested the 10 day MVA intraday and rallied back on low volume. Still in pattern.
JAH 09/29 Test 50 41.13 +0.06 40.31 46.75 553K 850K 38.71
Buy Not Hit.
JEC 08/31 Test 50 67.99 +0.59 62.15 69.95 513K 750K 65.32
Target Hit. Took some of the money off the table as stock hit the target. Will let the remaining position continue to work for us.
JOYG 09/29 PreAnn 51.03 +0.57 49.95 57.85 675K 1M 48.05
Current. Continue to move up the 10 day MVA on lower below average volume.
LM 08/09 PreAnn 109.05 -0.64 108.71 120.55 894K 1.8M 107.32
Current.
MRVL 10/01 PreAnn 46.1 -0.01 46.44 53.45 2.9M 3.5M 44.42
Buy Not Issued. Tapped 46.77 at the intraday high, but gave it back on lower below average volume. Did not enter the play because volume not there and need to see a clear and decisive move.
MSCC 08/17 Test BO 25.65 +0.11 24.72 28.15 659K 900K 24.57
Current. Continue with the uptrend on rising, but average volume.
NBL 08/25 PreSplt 47.79 +0.89 42.94 46.99 1.8M 1.3M 46
Current.
OTTR 09/13 Test BO 31.34 +0.4 31.64 36.35 45K 127K 30.55
Current.
RESP 08/27 Test BO 41.74 -0.44 40.16 45.65 499K 525K 40.78
Current. Pullback testing the 10 day MVA intraday and rallied back on strong volume surge. May test back to 41.40
RMD 09/17 Test BO 40.29 +0.47 37.98 41.48 818K 350K 39.22
Current. Split its stock today as stock testing the 10 day MVA intraday and rallied back on stronger above average volume. Continue with the uptrend.
RMD 08/29 PreSplt 40.29 +0.47 31.17 39.98 818K 350K 39.22
Current.
RS 08/27 PreAnn 53.17 +0.24 50.11 56.85 188K 406K 50.89
Current.
SFCC 09/08 Cup hdl 44.53 +0.14 43.69 49.65 159K 300K 43.89
Current.
SLB 09/20 PreAnn 83.43 -0.95 84.32 97 3.5M 6.4M 82.11
Buy Not Issued. Pullback on rising, but below average volume May continue to test back to the 50 day MVA (82.88)
SNDK 08/23 Test 18 48.19 -0.05 35.62 40.96 7.5M 520K 46.65
Current. Gapped up at the open, but gave it back on much lower but average volume. Still in uptrend.
SRZ 09/10 PreSplt 68.23 +1.49 62.82 70.62 184K 225K 66.25
Current.
STJ 10/01 Asc Tri 46.39 -0.41 47.37 54.45 1.5M 2.5M 46.05
Buy Not Hit.
UNH 09/25 Asc Tri 56.78 +0.58 55.14 62.35 5.1M 6M 52.98
Buy Not Issued. Continue to move up 10 day MVA on below average volume. Need a low volume pullback.
VLO 09/26 FlyPlat 116.06 +3 114.75 129.95 6.1M 12M 114.22
Current. Bounced off the 10 day MVA on low volume. Continue with the uptrend.
VMC 09/13 Test BO 75.79 +1.58 71.25 81.98 657K 664K 73.89
Current. Great move up on stronger above average volume.
VTIV 09/27 Test BO 27.23 +1.02 27.32 32.65 492K 675K 25.89
Current. Bounced off the 10 day MVA for a nice gain meeting resistance here on average volume. Came off the day's high of 27.99.
WFMI 09/03 PreAnn 133.32 -1.13 132.58 147 578K 1.5M 132.32
Current.
WFT 08/27 PreAnn 68.7 +0.04 65.27 73.45 1.8M 3M 68.11
Current.
WIRE 10/01 FlyPlat 16.26 0 16.42 19.75 106K 170K 15.78
Buy Not Issued.
WTR 09/17 PreSplt 38.62 +0.6 36.98 42.65 435K 499K 35.78
Buy Not Issued.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
RTH 09/26 Put 92.43 -0.34 91.78 89.22 3.1M 4.5M 91.88
Current. Tested the 18 day MVA intraday, but could not hold the gain on rising, but below average volume. Meeting support at 92.
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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