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stock split, stock recommendation
Begin part 2 of 3
Full report issues Tuesday.
THE PLAYS
Good movers: ADSK; BCSI; CHS; DNA; JCOM; STJ; UNH
New Post-Split Plays: Market leading apparel stores have set up again.
Play Date: 10/31/2005
CWTR (Coldwater Creek--$26.99; +2.91; optionable): Apparel stores
http://biz.yahoo.com/p/c/cwtr.html
After Hours: $27
STATUS: Double bottom. Strong volume Monday as CWTR moved off the October low, forming the second leg in its 9 week pattern that used the important 200 day SMA (24.42) as support. That is the point the institutions either buy it or get rid of it, and the action we see along that level indicates they are keeping it and buying more. Money flow is surging higher ahead of price as CWTR sets up for a run at another new all-time high. Nice double bottom action and we are looking to start a position as it continues the move higher. May show a bit of weakness after a strong move, but if it then continues higher through the buy point it has shown the strength of the move. A strong move will put it right back at its split announcement price.
Volume: 1.576M Avg Volume: 707.358K
BUY POINT: $27.32 Volume=850K Target=$31.88 Stop=$25.87
POSITION: UCJ DE - Apr. $25c (69 delta) &/or Stock
http://www.investmenthouse.com/cs/cwtr.html
Play Date: 10/31/2005
PSUN (Pacific Sunwear--$25.02; +0.92; optionable): Apparel stores
http://biz.yahoo.com/p/p/psun.html
After Hours: $25.01
STATUS: Double bottom w/handle. Strong volume break higher Monday as PSUN moves to the breakout point in its nicely formed 8 month base. PSUN is a perennial market leader, and after a strong run in 2003, it based in 2004, enjoying a strong run from August to March 2005. It needed this base to reset and it is doing just that. Money flow is surging higher and PSUN is starting to follow its lead. A strong leader that is starting its break higher.
Volume: 2.599M Avg Volume: 1.781M
BUY POINT: $25.38 Volume=2.2M Target=$29.85 Stop=$23.88
POSITION: PVQ CE - Mar. $25c (55 delta) &/or Stock
http://www.investmenthouse.com/cs/psun.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
ACL 10/08 PreAnn 132.9 -0.2 126.38 142.45 704K 725K 132.38
Current.
ADSK 10/05 Test 18 45.12 +1.17 45.62 54.55 3.7M 4.1M 44.44
Current.
AGN 10/27 PreAnn 89.3 +0.73 89.25 102 1.4M 1.2M 86.05
Buy Not Issued.
APC 10/25 PreAnn 90.71 +0.02 92.45 102.95 2.4M 2.4M 90.11
Buy Not Issued.
ATVI 10/18 PreSplt 15.77 +0.23 16.28 19.42 2.4M 3.4M 15.51
Current. Moving up on lower, below average volume after testing the 50 day MVA. Meeting some resistance at 16
BCSI 10/22 Cup hdl 46.99 +1.58 46.15 54.95 314K 543K 43.89
Current. Bounced off the 10 day MVA on average volume. Meeting resistance at 47.50.
BJS 10/27 Test 50 34.75 +0.24 35.05 40.95 3.3M 6.3M 33.32
Buy Not Issued. Tested the 10 day MVA intraday and rallied back showing a tight doji on lower below average volume. Came off the day's high of 35.53. did not enter the play because stock was too volatile. Need to see a clear and decisive move on strong volume.
BRL 10/01 Cup hdl 57.45 +0.25 56.31 64.95 817K 1M 56.05
Current.
BRO 10/13 PreAnn 54.33 +1.38 51.29 57.88 931K 413K 53.28
Current.
CHS 10/10 DB hdl 39.54 +1.63 39.34 46.95 2M 2.9M 37.62
Entered today. Gapped up at the open for a great move on rising, but average volume.
CLF 10/29 PreAnn 81.54 +1.99 81.55 94.95 397K 808K 77.05
Buy Not Issued.
DIOD 10/29 PreAnn 36.26 -0.13 37.15 44.55 267K 350K 36.05
Buy Not Hit. Pullback on lower, but strong volume holding the simple 50 day MVA. Still in good shape.
DNA 10/29 DB hdl 90.6 +2.88 90 100 4M 5.8M 86.12
Current. Great move up the 10 day MVA on much stronger, but average volume. Meeting resistance at 90.12
DNA 04/28 Test BO 90.6 +2.88 70.42 81 4M 8.2M 87.21
Current.
DVA 10/03 PreAnn 49.18 +1.19 48.98 55.95 1.2M 550K 48.32
Current.
DVN 10/18 Dbl btm 60.38 -0.02 62.55 71.95 4.2M 3M 61.05
Buy Not Issued. Tapped 61.70 at the intraday high, but gave it back showing a doji on the 10 day MVA on above average volume. Stock needs to hold here.
ESRX 10/13 Test 50 75.41 +1.12 62.44 70.92 2.9M 2.1M 71.89
Current. Continue with uptrend.
FAST 10/25 PreSplt 70.13 +1.48 69.25 75 470K 918K 67.89
Buy Not Issued.
FLO 10/06 Cup hdl 29.3 +0.3 28.04 32.21 317K 339K 30.05
Current. Cotninue with the uptrend. Broke through some resistance at 29.
GENZ 10/25 PreAnn 72.3 +0.54 72.89 83.78 2.8M 4M 69.69
Buy Not Hit. Moving up the 10 day MVA on stronger above average volume. Broke through some resistance at 72.
GILD 09/10 Cup hdl 47.25 +0.13 47.19 53.95 3.6M 4.2M 47.22
Current. Continue with the uptrend on lower, but strong volume.
GPN 10/06 PreSplt 42.85 -0.07 39.98 44.73 1.2M 475K 42
Current. Split its stock today. Pullback testing the 10 day MVA on stronger above average volume. Came off the day's high of 43.60. Continue with the uptrend.
GPN 09/13 PreSplt 42.85 -0.07 34.86 37.93 1.2M 350K 42
Current.
GTK 10/12 Test BO 31.84 +0.63 32.24 27.95 1.1M 1.7M 31.05
Current.
HANS 10/29 Rv H&S 50.52 +2.25 48.57 56.95 1.1M 975K 46.04
Buy Not Issued.
HAR 10/06 PreAnn 99.86 +1.01 104.51 119.95 1.6M 1.1M 103.22
Current.
HCC 10/26 Asc Bse 30 +0.42 28.75 33 754K 857K 27.89
Current. Continue with the uptrend on lower, but strong volume.
HIBB 10/22 Cup hdl 26.23 +0.88 26.75 30.98 463K 612K 24.88
Buy Not Issued.
HRS 10/27 Test 50 41.1 +0.93 40.05 46 1.4M 1M 38.12
Buy Not Issued.
HYSL 10/25 Cup hdl 48.36 +0.71 49.55 58.55 410K 874K 47.22
Buy Not Hit. Tested the 10 day MVA intraday and rallied back on low volume. Still forming the handle.
INGR 10/15 Asc Bse 48.38 +0.62 46.31 53.55 747K 435K 44.74
Buy Not Issued.
IRIS 10/22 Test BO 23.45 +1.06 21.74 24.99 145K 290K 20.88
Current. Bounced off the 10 day MVA for a nice gain on below average volume. Broke through some resistance at 23
IRIS 10/13 Test BO 23.45 +1.06 20.44 24.95 145K 304K 20.88
Current.
JCOM 10/22 Cup hdl 44.15 +1.36 42.75 50.95 613K 750K 42.25
Current. Tested the 10 day MVA intraday and rallied back for a nice gain on slightly above average volume. Moving up after testing the breakout.
LUFK 10/29 DB hdl 46.5 -0.01 48.05 57.75 173K 379K 44.69
Buy Not Hit.
MCRS 10/29 Dbl btm 45.92 +0.04 46.21 54.95 447K 450K 44.89
Entered today.
MRVL 10/01 PreAnn 46.41 +2.01 46.65 53.65 4.4M 3.5M 45.05
Current. Bounced off the 18 day MVA for a nice gain on lower, but strong volume. Meeting some resistance at 47
PGR 10/18 PreAnn 115.81 -0.34 110.23 118 860K 1.2M 114.32
Current.
RMD 10/22 Test 50 38.13 +0.13 38.61 44.75 720K 798K 36.88
Buy Not Issued.
RS 10/13 PreAnn 57.02 +1.68 50.89 58.55 427K 403K 53.11
SBUX 10/15 PreSplt 28.28 +0.47 26.85 29.66 7.5M 3.2M 26.88
Current.
STJ 10/18 Asc Tri 48.07 +0.89 48.65 54.95 2.1M 2.5M 47.11
Current.
SWN 10/24 PreAnn 72.54 +1.49 71.65 85.95 3M 2.6M 67.89
Current. Tested the 10 day MVA intraday and rallied back on lower, but above average volume. Meeting some resistance at 15.
TALX 10/27 DB hdl 39.53 +0.38 38.65 46.42 318K 509K 35.94
Buy Not Issued. Continue to move up the 10 day MVA on slightly above average volume. Stock needs low volume pullback.
UNH 10/08 Test BO 57.89 +1.16 56.32 64.95 6.6M 6M 57.05
Current. Another nice move up the 10 day MVA on lower, but strong volume. Meeting resistance at 58.
VTIV 10/12 Cup hdl 25.24 +0.24 26.48 32.25 250K 714K 24.63
Buy Not Hit. Tested the 50 day MVA intraday and rallied back on lower, below average volume. Still forming the handle.
WBSN 10/19 Cup 59.08 +1.69 54.88 63.45 463K 832K 52.91
Buy Not Issued. Volume not there to enter the play. Will let test back.
WIRE 10/01 FlyPlat 21.57 +0.29 16.92 20.25 378K 170K 20.89
Current. Meeting some resistance at 22.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ATK 10/22 Put 70.22 +1.5 69.32 67.35 308K 270K 68.89
Current. Gapped up and continued to rally on above average volume. Tapped 70.64 at the intraday high, but could not hold the entire gain closing on the 10 day MVA. May test up to 70.64
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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