|
|
stock watch, stock ticker
Begin part 3 of 3
THE PLAYS
Good movers: CCI, ILMN, MPWR, SCUR, SMTS, AXL
Monday night play results:
ALO: Gapped higher on strong earnings but sold it all off. Will see if can hold and continue, but don't like these reversals.
CBST: Still forming the nice handle.
GLW: Testing deeper than we wanted, falling to the 50 day EMA on rising, average volume.
Upside:
Play Date: 11/08/2005
ARD (Arena Resources--$23.85; +0.03; no options): Oil and gas drilling and exploration
http://biz.yahoo.com/p/a/ard.html
STATUS: Breakout test. ARD has formed something of a pennant the past 5 weeks as it moves up the 50 day EMA (21.53) and the 18 day EMA (23.51). This is testing the September breakout from a 24 week base, moving in a tight range above the 18 day EMA on lower and lower below average volume. It is tightening up for the next move higher. Strong money flow is leading higher. It is just about ready to make its move.
Volume: 68.8K Avg Volume: 161.23K
BUY POINT: $25.55 Volume=242K Target=$30.85 Stop=$23.35
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/ard.html
Play Date: 11/08/2005
AXE (Anixter International--$37.37; +0.1; optionable): Wholesale electronics
http://biz.yahoo.com/p/a/axe.html
STATUS: Ascending triangle. Volume surged Tuesday as AXE reached down to the 18 day EMA (36.68) and rebounded to post a gain. Nice 14 week base has set up, using the 50 day EMA (35.89) as support as it forms this base, preparing for a breakout to a new all-time high. Outstanding 7 to 2 accumulation (7 up price weeks on rising volume to 2 down price weeks on rising volume) shows a lot of buying. Money flow is surging higher, a nice compliment to the accumulation. Super base and ready for a new all-time high.
Volume: 595.4K Avg Volume: 320.958K
BUY POINT: $37.73 Volume=481K Target=$43.95 Stop=$36.45
POSITION: AXE BY - Feb. $36c (57 delta) &/or Stock
http://www.investmenthouse.com/cd/axe.html
Current positions ready to move again:
Play Date: 11/08/2005
VCLK (Valueclick--$19.03; -0.03; optionable): Internet advertising services
http://biz.yahoo.com/p/v/vclk.html
After Hours: $19.01
STATUS: Breakout test. The top rated stock in this solid sector, VCLK has moved laterally the past week after a strong surge to start November took it out of a short 5 week cup with handle. Strong volume move and a relative strength breakout. Money flow is leading higher, and after this nice, tight lateral move VCLK e ready to follow it higher and move to a new all-time high.
Volume: 1.39M Avg Volume: 1.815M
BUY POINT: $19.48 Volume=2.7M Target=$23.38 Stop=$18.12
POSITION: QCS CD - Mar. $20c (54 delta) &/or Stock
http://www.investmenthouse.com/cd/vclk.html
Play Date: 11/08/2005
REDF (Rediff.com--$18.66; -0.64; no options):
http://biz.yahoo.com/p/r/redf.html
After Hours: $18.65
STATUS:
Volume: 167.496K Avg Volume: 606.603K
BUY POINT: $19.72 Volume=910K Target=$23.88 Stop=$18.34
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/redf.html
SUBSCRIBER PORTFOLIO: These are stocks subscribers suggest by vote that we put in a portfolio to track and move into the stocks if they perform well. If you have any suggestions for additions or deletions, email us. We don't cover them all each report, just when something interesting is developing.
AAPL, CELG, BR, COH, NVDA, PSYS, RTSX, STN, UNH
CELG: Nice low volume test of the strong breakout is underway. May come back to the 10 day EMA (57.20) before it is ready to break higher.
AAPL: Nice tap of the 10 day EMA on the low and a rebound on continued low volume. Looks ready to continue.
UNH: Holding the 10 day EMA on low volume after that hard selling last week. This is support from its recent highs and a good place to hold the line.
SUBSCRIBER WATCHLIST
We continually receive ideas for potential plays from subscribers. Many times they are already on our watchlists, other times not. We always take a look and sometimes find a gem or two, or more. We don't necessarily endorse these, but want to provide a forum for subscribers with ideas that may appeal to other subscribers. We may just put on the ticker or we might describe our thoughts as to why or why not we think it is a buy or sell. This is a way we can all learn a bit more and maybe find a few more candidates to make us some good money.
MSTR: On our watchlist as we watch it fade back to near support and try to form a handle to its 13 week base. Very tight range as it makes the pullback.
Good Investing!
Jon L. Johnson and The Daily 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.
|
stock watch
stock ticker
|
