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stock split, stock recommendation
Begin part 2 of 2
Full report issues Thursday.
THE PLAYS
New Post-Split Play:
Play Date: 10/05/2005
ADSK (Autodesk--$44.81; -1.66; optionable): Technical drafting software
http://biz.yahoo.com/p/a/adsk.html
After Hours: $44.86
STATUS: Test breakout. ADSK is a market leader and it broke out from an 8 month ascending triangle in mid-August. It fell into this base after its December split that capped off a hell of a run in 2004. It needed a base to regroup and that is what this last base allowed it to do. It is making its second test of that breakout, ushered along Wednesday with the market selling. A bit steep of a drop, but still holding above the 18 day EMA (43.86). We are looking for ADSK to complete the test this week and then start back up once the selling pressure is off.
Volume: 4.497M Avg Volume: 2.727M
BUY POINT: $45.32 Volume=4.1M Target=$53.95 Stop=$43.69
POSITION: ADQ AI - Jan. $5c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/adsk.html
New Pre-Split Play:
Play Date: 10/05/2005
HOLX (Hologic--$56.36; -2.22; optionable): Medical appliances. Splits 2:1 on 12-1-05
http://biz.yahoo.com/p/h/holx.html
After Hours: $56.36
STATUS: Test 18 day EMA. HOLX broke out from a 6 month flat base in late July and it has rallied up the 18 day EMA (54.65) since. Strong break higher in late September, and then a dump lower Wednesday in the market selling when most everything was sold. It tapped at the 18 day EMA (54.65) on the low and then rebounded to recoup some losses. Looking to catch this one on the rebound.
Volume: 414.692K Avg Volume: 321.973K
BUY POINT: $56.89 Volume=483K Target=$67.95 Stop=$54.54
POSITION: QHX LK - Dec. $55c (58 delta) &/or Stock
http://www.investmenthouse.com/cs/holx.html
Still ready to go: OPTN, WIRE
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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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 52.78 -0.96 46.92 53.95 22M 29M 51.89
Current. Pullback on stronger above average volume holding the 10 day MVA. May continue to test back to 18 day MVA (52)
AAPL 08/12 Cup hdl 52.78 -0.96 46.01 53.58 22M 29M 51.89
Current.
AMX 08/04 Test BO 25.55 -0.39 23.89 27.21 3.3M 5M 24.89
Current. Pullback on stronger above average volume holding the 10 day MVA. May continue to test back to 25.41
APA 09/15 PreAnn 69.12 -2.59 73.42 82.54 5.6M 3.8M 73.61
Exited.
APC 09/03 PreAnn 88.32 -2.96 92.35 102.95 4.1M 2.4M 94.11
Exited.
BER 09/20 Cup hdl 38.3 -0.51 39.02 44.25 442K 600K 38.25
Current.
BJS 08/25 PreSplt 34.1 -0.94 30.62 33.65 5.4M 2.4M 34.25
Trailing Stop.
BOL 10/04 PreAnn 79.4 -1.48 81.35 92.95 567K 748K 79.48
Buy Not Hit.
BOOM 09/28 PreSplt 41.58 -1.92 44.29 54.55 842K 1.6M 42.55
Current. Pullback tapping 41.10 at the intraday low and rallied back holding the 10 day MVA on below average volume. May continue to test back to 41.30
BRL 10/01 Cup hdl 56.5 +0.04 56.31 64.95 1.4M 1M 53.95
Current.
CBI 09/06 Test BO 30.06 -0.8 31.45 38.33 390K 622K 31.05
Current. Low volume and holding some support at 29. Given the
market selling this was not bad action so left it alone.
CCJ 09/08 Test BO 53 -2.02 52.56 59.98 1.4M 1.1M 52.45
Exited.
CDIS 09/10 PreAnn 57.89 -3.21 61.05 69.95 1.2M 1.3M 62.25
Current.
CDIS 09/07 Test 50 57.89 -3.21 61.05 69.95 1.2M 1.3M 62.25
Current. Holding some support at 57.50. Sold hard but energy
selling is about to be overdone & CDIS is in better
shape and has a lot of work ahead of it in the Gulf.
Its profits are going to grow.
CELG 10/01 PreAnn 51.51 -1.96 55.57 65.85 1.8M 2.6M 53.15
Current. Pullback below the 18 day MVA on low volume. May continue to test back to 51.35.
CELL 10/03 Test 50 19.72 -0.5 20.44 24.55 489K 600K 19.05
Buy Not Issued.
CERN 09/08 PreAnn 82.81 -1.94 83.19 95.95 512K 500K 85.25
Current.
CHRW 09/13 PreSplt 62.75 -1.13 62.82 70.45 472K 600K 62.85
Current.
CMTL 09/25 Test BO 41.81 -0.8 40.44 47.95 499K 650K 40.32
Current. Gapped up at the open, but gave it back on much lower, but average volume. May continue to test back to 41.47
COO 09/17 PreAnn 75.42 -2.74 77.81 87.82 658K 872K 77.15
Current.
DNA 04/28 Test BO 82.88 -2.71 70.42 81 5.1M 8.2M 84.98
Current. Peeled back from the 50 day EMA on rising volume. Good
time to sell some $80 strike calls for long term positions.
DVA 10/03 PreAnn 50.09 -0.31 48.98 55.95 987K 550K 48.78
Current.
ESRX 08/13 Test BO 63.3 -0.97 56.04 63.11 1.5M 1.6M 62.35
Current. Pullback on much lower, but average volume. May continue to test back to 63
EXP 09/17 PreAnn 115.9 -4.11 120.95 134.95 206K 234K 116.15
Buy Not Issued.
FRK 09/10 Test BO 61.36 -2.71 58.82 67.95 849K 810K 63.45
Current. Holding the 18 day EMA, rebounding from an undercut.
As already took a good gain, let it make this test
at solid support at 60.
FTO 08/24 Asc Tri 39.89 -3.09 33.02 38.39 2.6M 1.5M 43.31
Trailing Stop. Took the rest of a nice gain off the table as FTO broke the 18 day EMA.
GD 09/15 PreAnn 117.76 -2.55 118 127 559K 1M 118.24
Current.
GENZ 09/29 PreAnn 69.78 -1.53 72.89 83.78 1.9M 4M 70.88
Current. Below average volume test of the 50 day EMA (70.08),
holding some support. Letting it test but needs to
hold and recover the 50 day MA quickly.
GILD 09/10 Cup hdl 46.14 -1.13 47.19 53.95 3.8M 4.2M 47.22
Current.
GPN 09/13 PreSplt 78.57 -2.18 69.72 75.85 449K 350K 78.65
Current. Pullback on much lower, but above average volume. Testing the breakout. May test back to 78.
GPRO 09/01 Cup hdl 47.41 -1.31 47.21 54 446K 1.1M 47.38
Current.
HOC 09/22 PreAnn 59.72 -3.63 62.05 71 597K 467K 61.55
In much better shape than most energy stocks. Modest
break of 18 day EMA. After this test it will be ready
for new positions.
IMDC 09/27 PreAnn 75.71 -1.79 76.25 87.95 235K 985K 74.05
Buy Not Issued.
ISRG 09/27 PreAnn 72.82 -2.33 74.85 89.85 692K 1.5M 72.88
Buy Not Issued. Pullback holding the 18 day MVA on lower below average volume. Should be ready to bounce from here.
JAH 09/29 Test 50 38.91 -1.22 40.31 46.75 740K 850K 38.71
Buy Not Issued. The stock has not performed so will drop.
JOYG 09/29 PreAnn 48.65 -2.59 49.95 57.85 1.3M 1M 48.05
Current. Pullback on slightly above average volume. May continue to test back to 48.40.
LM 08/09 PreAnn 108.06 +0.71 108.71 120.55 823K 1.8M 107.32
Current.
MRVL 10/01 PreAnn 44.78 -1.21 46.65 53.65 4M 3.5M 45.11
Current. Thudded down tapping 44.43 at the intraday low and rallied back holding just above the 50 day MVA on stronger above average volume. May test back to 44.67.
MSCC 08/17 Test BO 24.67 -0.52 24.72 28.15 663K 900K 24.57
Current. Continue to pullback on lower, but average volume. May continue to test back to 24.50
NBL 08/25 PreSplt 44.07 -2.03 42.94 46.99 2.3M 1.3M 46
Current.
OPTN 10/04 Test BO 14.42 -0.1 14.95 17.95 234K 521K 14.11
Buy Not Hit. Ease back tapping 14.36 at the intraday low on very low volume. Still in the pattern.
OTTR 09/13 Test BO 29.19 -1.53 31.64 36.35 154K 127K 30.55
Exited.
PPL 10/04 Asc Bse 31.84 -1.04 33.24 37.95 1.3M 1.9M 32.15
Buy Not Hit. The stock has not performed so will drop.
RESP 08/27 Test BO 41.67 -0.95 40.16 45.65 414K 525K 41.11
Current. Gapped up at the open, but reversed on stronger above average volume. May continue to test back to the 10 day MVA (41.50)
RMD 09/17 Test BO 39.45 -0.7 37.98 41.48 475K 350K 39.22
Current. Gapped down showing a tight doji just above the 10 day MVA on average volume. Should be ready to bounce from here.
RMD 08/29 PreSplt 39.45 -0.7 31.17 39.98 475K 350K 39.22
Current.
RS 08/27 PreAnn 51.12 -1.55 50.11 56.85 532K 406K 50.72
Current.
SFCC 09/08 Cup hdl 42.72 -1.69 43.69 49.65 175K 300K 43.89
Current.
SIE 10/04 PreAnn 69.52 -1.24 72.35 83.25 190K 635K 69.95
Buy Not Hit.
SNDK 08/23 Test 18 52 -0.34 35.62 40.96 15M 520K 50.35
Current. Pullback on lower, but very strong volume showing a doji. Doji may indicate stock is ready to level off. Such a strong stock in this market.
SRZ 09/10 PreSplt 32.24 -1.35 31.41 35.31 574K 225K 33.11
Trailing Stop.
STJ 10/01 Asc Tri 46.11 -0.74 47.37 54.45 1.4M 2.5M 46.05
Buy Not Issued.
VLO 09/26 FlyPlat 105.77 -6.75 114.75 129.95 17M 12M 114.22
Current. Ugly day but VLO is a leader and despite the drubbing
it will likely make it up in a day. Going to use this
test to add some positions.
VMC 09/13 Test BO 71.18 -2.13 71.25 81.98 551K 664K 73.89
Trailing Stop.
VTIV 09/27 Test BO 26.76 -0.52 27.32 32.65 513K 675K 25.89
Current. Tapped 27.98 at the intraday high, but gave it back on rising, but average volume. May continue to test back to 10 day MVA (26.50)
WFMI 09/03 PreAnn 129.62 -5.89 132.58 147 1.2M 1.5M 132.32
Current.
WIRE 10/01 FlyPlat 16.42 +0.08 16.42 19.75 239K 170K 15.78
Buy Not Issued. Backed off the high but a strong move in a weak market. Looks very ready.
WTR 09/17 PreSplt 36.1 -1.94 36.98 42.65 451K 499K 35.78
Buy Not Issued. The stock has not performed so will drop.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
RTH 09/26 Put 91.2 -1.19 91.78 89.22 3.6M 4.5M 91.55
Current. Good move down the 10 day MVA on lower, below average volume. Meeting some support at 90.29
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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