|
|
us stock market, stock split
Begin part 2 of 2
THE PLAYS
Good movers: ACL; AVL; CHRWD; CVH; ESRX; HAR; PCP; WIRE
New Post-Split Play:
Play Date: 10/17/2005
AAPL (Apple Computer--$53.44; -0.56; optionable): iPods, Macs, etc.
http://biz.yahoo.com/p/a/aapl.html
After Hours: $53.42
STATUS: Test 50 day EMA. Broke out in mid-August, rallied up the 18 day EMA (52.10) and then dumped to the 50 day EMA (49.47) on earnings. Then it ricocheted off the 50 day Thursday on the introduction of the new iVideo gadget introduction. The past two sessions AAPL ahs moved laterally over the short term MA on low volume, setting up for the continued run. When you look at this you see typical action: breakout from a nice 6 month cup with handle base, run up the 18 day EMA, then a test of the 50 day EMA and a sharp bounce off that level. When volume jumps back up and AAPL starts higher that is our entry point as it continues its run up the 18 day.
Volume: 22.036M Avg Volume: 20.257M
BUY POINT: $54.48 Volume=30M Target=$62.95 Stop=$51.97
POSITION: QAA AX - Jan. $52.50c (57 delta) &/or Stock
http://www.investmenthouse.com/cs/aapl.html
New Leader Play:
Play Date: 10/17/2005
NTES (Netease.com--$80.17; +0.75; optionable): Chinese internet
http://biz.yahoo.com/p/n/ntes.html
After Hours: $80.16
STATUS: Test 50 day EMA. Blasted out of a 22 month base in August with a big gap higher. NTES then rallied up the 18 day EMA (82.95) with a strong run. In the recent selling NTES came back to test the 50 day EMA (78.51) on mostly below average volume. Not bad action and rather typical: breakout, run up the 18 day EMA, then test the 50 day EMA before starting higher once more. Looking for strong volume as it starts back up.
Volume: 895.205K Avg Volume: 1.219M
BUY POINT: $81.25 Volume=1.6M Target=$94.95 Stop=$78.39
POSITION: NGQ AP - Jan. $80c (51 delta) &/or Stock
http://www.investmenthouse.com/cs/ntes.html
New Downside Play:
Play Date: 10/17/2005
IWM (Ishares Russell 2000--$63.02; +0.11; optionable)
http://biz.yahoo.com/p/i/iwm.html
After Hours: $63.03
STATUS: Put. Crashed lower as the small caps led the selling lower in October. IWM blew through the 200 day SMA (63.08) last Tuesday and sold to 61.05. It rebounded with the market and showed a doji at the 200 day Monday, tapping the 10 day EMA (63.31) on the intraday high before sliding back. Lower volume Monday after a pretty strong volume session Friday. This is one of the plays that we catch for the next test that probes the recent October low. If it keeps falling we will let it run. A move to the target, however, lands us a nice 50%ish gain.
Volume: 32.204M Avg Volume: 25.562M
BUY POINT: $62.91 Volume=30M Target=$61.05 Stop=$63.34
POSITION: DIW WS - Nov. $63.50p (-51 delta)
http://www.investmenthouse.com/cs/iwm.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
ACL 10/08 PreAnn 127.99 +1.84 126.38 142.45 448K 725K 125.55
Current.
ADSK 10/05 Test 18 43.17 +0.11 43.62 52.55 963K 4.1M 41.72
Buy Not Hit.
AME 10/11 PreAnn 43.11 +0.2 43.65 50.32 346K 475K 42.05
Buy Not Issued. Tested the 10 day MVA intraday and rallied back on stronger above average volume. Moving up after testing the 18 day MVA.
AVL 10/15 Cup hdl 36.45 +0.95 36.44 42.85 210K 287K 34.98
Entered today. Nice move up the 10 day MVA on lower, but above average volume. Broke through some resistance at 36.
BER 09/20 Cup hdl 37.58 -0.18 39.02 44.25 429K 600K 37.55
Current.
BRL 10/01 Cup hdl 55.25 +0.72 56.31 64.95 503K 1M 54.25
Current.
BRO 10/13 PreAnn 49.97 -1.39 51.29 57.88 834K 413K 50.32
Current. Tough session ahead of earnings after strong volume
move Friday. Record earnings after close. No word on
a split yet. Looking to see if the solid earnings can
deliver some good upside for this market leader.
CELL 10/03 Test 50 18.75 -0.07 19.25 24.55 277K 600K 18.21
Buy Not Issued. The stock has not made the move we were looking for so will drop, but will keep our eye on it.
CERN 09/08 PreAnn 87.05 +0.54 83.19 95.95 351K 500K 84.89
Current.
CHRWD 10/08 PreSplt 31.77 +0.59 32.24 36.11 351K 600K 31.24
Current. Split its stock today. Testing the 50 day MVA intraday and rallied back for a nice gain on low volume.
CHRWD 09/13 PreSplt 31.77 +0.59 31.41 35.22 351K 600K 31.24
Current.
CHS 10/10 DB hdl 37.03 -0.7 38.75 46.45 1.3M 2.9M 36.88
Buy Not Hit. Pullback testing the 18 day MVA intraday and rallied back holding the 10 day MVA on rising, but below average volume. Still forming the handle.
CLE 10/06 DB hdl 25.79 -0.41 26.02 30.98 834K 550K 25.52
Current.
CRDN 10/15 Test BO 38.19 +0.49 38.12 44.95 310K 800K 36.22
Buy Not Issued. Bounced on very low volume. If stock shows a clear and decisive move on strong volume will still be a buy.
CVH 10/08 PreSplt 87.41 +1.09 86.95 97.65 728K 1.2M 85.72
Entered today.
DNA 04/28 Test BO 84.2 -0.8 70.42 81 2M 8.2M 84.22
Current. Ease back tapping 83.26 at the intraday low and rallied back on very low volume. May continue to test back to the 10 day MVA (83.90)
DVA 10/03 PreAnn 48.58 +0.23 48.98 55.95 161K 550K 48.32
Current.
DVN 10/08 PreAnn 63 +0.97 65.35 74.95 3.2M 4.2M 62.88
Buy Not Hit.
ESRX 10/13 Test 50 62.74 +1.58 62.44 70.92 1.6M 2.1M 60.89
Entered today. Tested the 18 day MVA intraday and rallied back for a nice gain on stronger above average volume. Broke through resisance at 62.
FLO 10/06 Cup hdl 27.44 -0.35 27.88 31.98 237K 339K 26.41
Buy Not Issued. Pullback testing the 18 day MVA intraday and rallied back on rising, but below average volume. May continue to test back to 27.41.
GD 09/15 PreAnn 120.22 +0.14 118 127 682K 1M 118.57
Current.
GILD 09/10 Cup hdl 47.73 +0.31 47.19 53.95 3.1M 4.2M 47.22
Current. Tapped 46.96 at the intraday low and rallied back showing a tight doji on lower below average volume. Meeting some resistance at 48.
GPN 10/06 PreSplt 82 +0.53 79.97 89.45 326K 475K 79.98
Current. Continue with the uptrend on lower below average volume.
GPN 09/13 PreSplt 82 +0.53 69.72 75.85 326K 350K 79.98
Current.
GTK 10/12 Test BO 32.15 +0.53 32.05 37.95 821K 1.7M 30.71
Buy Not Issued.
HAR 10/06 PreAnn 101.6 +2.68 104.51 119.95 410K 1.1M 99.22
Current.
HOLX 10/05 PreSplt 53.53 -0.02 50.65 59.89 292K 483K 49.74
Buy Not Issued.
IMDC 09/27 PreAnn 72.53 -0.04 74.32 86.95 171K 985K 73.05
Buy Not Issued.
INGR 10/15 Asc Bse 46.25 +0.79 46.31 53.55 230K 435K 44.74
Buy Not Issued.
IRIS 10/13 Test BO 20.57 +0.14 20.44 24.95 110K 304K 19.38
Current. Continue to move up on low volume after testing the 18 day MVA.
ISRG 09/27 PreAnn 67.49 +0.59 72.05 89.85 396K 1.5M 69.05
Buy Not Issued. Low volume bounce coming off the day's high of 68.31. Needs to continue to rebound or will drop.
MRVL 10/01 PreAnn 44.09 +0.55 46.65 53.65 2M 3.5M 43.11
Current. Tapped 43.26 at the intraday low and rallied back holding the simple 50 day MVA on lower below average volume. Needs to break through some resistance here.
PCP 10/11 Test 50 52.16 +1.34 52.12 59.75 1.2M 1.2M 50.38
Entered today. Tested the 10 day MVA intraday and rallied back for a nice gain on above average volume. Broke through some resistance at 52.
PPDI 10/13 PreAnn 56.25 +0.58 58.12 68.95 435K 556K 55.89
Buy Not Hit. Tapped 54.56 at the intraday low and rallied back holding the 10 day MVA on stronger above average volume. Still in the pattern.
RL 10/08 PreAnn 51.08 +0.34 52.78 60.95 422K 1.1M 50.44
Buy Not Hit.
RS 10/13 PreAnn 50.41 +0.47 50.89 58.55 207K 403K 48.68
Buy Not Hit.
SBUX 10/15 PreSplt 53.09 +0.21 53.25 58.88 2M 3.2M 51.78
Buy Not Issued.
SIE 10/04 PreAnn 70.67 +1.51 71.21 83.25 227K 635K 68.29
Buy Not Issued.
SLB 10/15 PreAnn 82.29 -0.52 83.48 95.95 5.3M 7M 81.55
Buy Not Issued.
SNDK 08/23 Test 18 50.7 +0.26 35.62 40.96 10M 520K 49.32
Current. Bounced on lower, but above average volume. Came off the day's high of 52.46. Still in uptrend.
SWN 10/11 PreAnn 70 +1.87 71.78 85.95 2.4M 2.8M 69.12
Buy Not Hit. Gapped up at the open, but gave some of it back holding the 10 day MVA on lower, but above average volume. Still in the pattern.
TEVA 10/06 Test BO 34.9 +0.49 34.85 40.65 3.8M 5M 33.95
Buy Not Issued.
UNH 10/08 Test BO 56.44 +0.01 56.32 64.95 4.4M 6M 55.11
Current. Tapped 55.93 at the intraday low and rallied back showing a doji on lower below average volume. Meeting some resistance here.
UPL 10/11 PreAnn 53.53 +2.98 53.88 64.75 1.8M 2.6M 51.55
Buy Not Issued.
VLO 09/26 FlyPlat 103.49 +2.22 114.75 129.95 7.2M 12M 102.15
Current. Gapped up at the open, but gave back some of the move holding the simple 50 day MVA on lower below average volume. Meeting some resistance at 105.
VTIV 10/12 Cup hdl 25.93 -0.09 28.05 33.75 248K 714K 26.09
Buy Not Hit. Gapped up at the open, but gave it back holding the 18 day MVA on low volume. Still forming the handle. Will need to hold here.
WFMI 09/03 PreAnn 128.99 +0.33 132.58 147 492K 1.5M 132.32
Current.
WIRE 10/01 FlyPlat 17.1 +0.27 16.92 20.25 198K 170K 16.22
Current. Moving up the 10 day MVA for a nice gain on strong volume. Meeting resistance at 17.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
CX 10/15 Put 49.3 +1.72 48.68 46.57 1.6M 1.8M 49.32
Buy Not Hit. Bounced on lower below average volume holding the simple 50 day MVA. Needs to rollover here.
GSF 10/12 Put 42.09 +0.47 41.89 39.87 2.6M 2.5M 41.11
Gapped up at the open holding the 10 day MVA on rising, but below average volume. Holding at some resistance at 42.
RTH 09/26 Put 92.06 +0.09 91.78 89.22 1.8M 4.5M 91.55
Current. Holding at some resistance just below the 18 day MVA on lower below average volume. May continue to test up to the 18 day MVA (92.14)
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.
|
us stock market
stock split
|
