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us stock market, trading system
Begin part 2 of 2
THE PLAYS
Good movers: FAST; GENZ; HANS; LCAV; LUK; SMG; VTIV
New Post-Split Plays:
Play Date: 11/09/2005
COH (Coach--$33.85; -0.08; optionable): Handbags, etc.
http://biz.yahoo.com/p/c/coh.html
STATUS: Cup w/handle. COH is forming a nice low volume handle this week, coming back to test the 10 day EMA (33.35) on the intraday low and rebounding. Good action in a 15 week base that formed using the 200 day SMA (30.87) as support on the base lows. A market leader with top notch earnings that is setting up a nice base ahead of the holiday season. Money flow is running higher ahead of price, and after this dip it is ready to give us the breakout move.
Volume: 1.736M Avg Volume: 2.659M
BUY POINT: $34.88 Volume=4M Target=$40.25 Stop=$33.21
POSITION: COH BG - Feb. $35c (47 delta) &/or Stock
http://www.investmenthouse.com/cs/coh.html
New buy point on a current post-split:
Play Date: 11/09/2005
HRS (Harris Corp.--$42.51; -0.20; optionable): Telecom equipment
http://biz.yahoo.com/p/h/hrs.html
STATUS: Breakout test. HRS broke out from an 8 week trading range between 38 and 42 in early November and has moved laterally on low volume since as the market consolidates its recent strong move. It is not giving up its gains, and it will be ready to move higher after another session or two and follow money flow higher.
Volume: 550.8K Avg Volume: 787.477K
BUY POINT: $43.32 Volume=1M Target=$49.55 Stop=$41.38
POSITION: HRS BH - Feb. $40c (58 delta) &/or Stock
http://www.investmenthouse.com/cs/hrs.html
PRE-ANNOUNCEMENT PLAYS
New Pre-Announcement Plays:
Play Date: 11/09/2005
PNRA (Panera Bread--$61.15; +0.04; optionable): Specialty eats. Researching to pinpoint a date.
BACKGROUND: Last announced a 2:1 split on 6-6-02 at $66.40
http://biz.yahoo.com/p/p/pnra.html
After Hours: $61.10
STATUS: Cup w/handle. PNRA is working on a nice low volume handle the past week, just like the market. It is moving laterally in a tight range above the 10 day EMA (59.96), setting up the breakout move from its 19 week base. Positive accumulation and money flow rallying ahead of price. Just waiting for it to show us the strong break higher.
Volume: 240.859K Avg Volume: 663.187K
BUY POINT: $62.25 Volume=995K Target=$71.62 Stop=$59.72
POSITION: UPA BL - Feb. $60c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/pnra.html
Continuing Pre-Split Plays:
Play Date: 11/08/2005
CELG (Celgene--$59.18; -0.25; optionable): Drugs. Researching to pinpoint an exact date.
BACKGROUND: Last announced a 2:1 split 9-9-04 at $57.40. Its other split was a 3:1 split announced 3-13-00 at $168.
http://biz.yahoo.com/p/c/celg.html
After Hours: $59.16
STATUS: Breakout test. Still working on its nice lateral consolidation after the strong break higher last week. Nice tight consolidation that is setting up for the breakout along with the market. To recap: CELG formed a short 7 week cup base in September and October, then broke higher early this month on strong, above average volume. It reached over 60 and then started this low volume test. It has not given up much ground, holding well above the 10 day EMA (57.56). It may come back to that point but it is being very stingy with its gains, a sign of its strength. Looking for volume to kick back up as it moves through the buy point, continuing its breakout run and moving to a new all-time high.
Volume: 1.637M Avg Volume: 2.53M
BUY POINT: $60.45 Volume=3.2M Target=$69.95 Stop=$57.04
POSITION: LQH DL - Apr. $60c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/celg.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 139.42 -0.31 126.38 142.45 441K 725K 137.89
Current.
ADSK 10/05 Test 18 46.28 -0.45 45.62 54.55 3.1M 4.1M 46.32
Current. Pullback tapping 45.23 at the intraday low and rallied back on stronger above average volume. May continue to test back to the 10 day MVA (46)
AGN 10/27 PreAnn 99.91 -0.81 89.25 102 1M 1.2M 98.25
AMGN 11/03 Test BO 80.22 +0.42 78.88 89.95 6.7M 13M 77.04
Current. Continue with uptrend on low volume.
AMHC 11/01 PreAnn 41.34 +0.19 41.55 47.95 174K 534K 40.12
Buy Not Issued.
APC 10/25 PreAnn 87.3 -1.37 92.45 102.95 2.8M 2.4M 90.11
Current.
ATVI 10/18 PreSplt 16.86 -0.36 16.28 19.42 3.3M 3.4M 16.35
Current. Pullback on rising, but average volume. May continue to test back to 16.59.
BCSI 10/22 Cup hdl 48.89 -0.54 46.15 54.95 206K 543K 50.31
Current. Pullback tapping 48.17 at the intraday low and rallied back on average volume. May continue to test back to the 10 day MVA (48.41)
BJS 10/27 Test 50 33.79 -0.33 35.41 40.95 4.5M 6.3M 34.11
Current. Volatile session testing the 50 day MVA intraday and rallied back on much stronger above average volume. May continue to test back to simple 50 day MVA (33.31)
CDIS 11/08 PreAnn 65.52 -1.26 67.65 77.85 976K 1M 63.85
Buy Not Hit.
CELG 11/08 PreAnn 59.18 -0.25 60.45 69.95 1.6M 3.2M 57.04
Buy Not Hit. Pullback on rising, but below average volume. Still in the pattern. Meeting some resistance at 60
CELL 11/05 Test BO 22.01 +0.33 21.67 25.95 846K 749K 20.78
Buy Not Issued.
CHS 10/10 DB hdl 41.62 +0.06 39.34 46.95 1.4M 2.9M 40.45
Current. Tested the 10 day MVA intraday and rallied back showing a doji on lower below average volume. Testing the breakout. Should be ready to bounce from here.
CLF 10/29 PreAnn 87.97 +1.24 81.55 94.95 764K 808K 77.05
Buy Not Issued.
CWTR 10/31 PreAnn 27.56 +0.19 27.32 31.88 480K 850K 25.87
Buy Not Issued.
DADE 11/03 Cup 38.01 +0.04 38.11 43.85 468K 1M 36.45
Buy Not Hit. Tapped 37.68 at the intraday low and rallied back on below average volume. Looking good, but would like to see more volume.
DIOD 10/29 PreAnn 37.42 -0.4 37.15 44.55 157K 350K 36.05
Buy Not Issued. Pullback on low volume. May continue to test back to 37.
DNA 10/29 DB hdl 93.38 -0.52 90 100 2M 5.8M 89.25
Current. Pullback tapping 92.25 at the intraday low and rallied back showing a tight doji on low volume. Meeting some resistance at 94.
DNA 04/28 Test BO 93.38 -0.52 70.42 81 2M 8.2M 89.25
Current.
DNR 11/01 PreSplt 23.23 +0.46 23.86 26.98 1.4M 600K 22.19
Current.
DO 11/02 Cup hdl 58.5 -0.76 60.95 69.95 2.3M 2.6M 57.65
Current. Volatile session as stock makes a pullback testing the 18 day MVA intraday and rallied back on stronger above average volume. May continue to test back to 58.14.
DVA 10/03 PreAnn 51.16 -0.55 48.98 55.95 795K 550K 50.68
Current.
ESRX 10/13 Test 50 76.38 -2.61 62.44 70.92 4.9M 2.1M 75.88
Current. Big gap down tapping 74.98 at the intraday low and rallied back showing a doji on very strong volume surge. Doji may indicate a change in pattern to the upside.
FAST 10/25 PreSplt 76.81 +2.29 71.94 77.95 2.2M 918K 75.22
Target Hit.
GENZ 10/25 PreAnn 74.62 +1.14 74.19 84.98 2.2M 4M 72.45
Current. Bounce off the 10 day MVA for a nice gain on average volume. Meeting some resistance here.
GILD 11/02 Flat 51.61 +0.08 49.85 56.95 3.5M 4.2M 48.89
Current.
GILD 09/10 Cup hdl 51.61 +0.08 47.19 53.95 3.5M 4.2M 48.89
Current.
GPN 10/06 PreSplt 42.9 -1 39.98 44.73 1.2M 475K 43.05
Current. Pullback on stronger above average volume. May continue to test back to 18 day MVA 42.49
GPN 09/13 PreSplt 42.9 -1 34.86 37.93 1.2M 350K 43.05
Current.
GTK 10/12 Test BO 31.56 +0.16 32.24 27.95 1.1M 1.7M 31.05
Current.
HANS 10/29 Rv H&S 64.2 +7.5 48.57 56.95 5.2M 975K 55.45
HAR 10/06 PreAnn 102.44 -0.61 104.51 119.95 406K 1.1M 103.22
Current.
HCC 10/26 Asc Bse 32.01 +0.45 28.75 33 898K 857K 30.96
Current. Meeting resistance here.
HIBB 10/22 Cup hdl 26.93 -0.07 26.75 30.98 183K 612K 25.88
Current.
HITK 11/06 PreAnn 36.78 -0.92 38.25 45.25 263K 200K 36.05
Current.
HOLX 11/01 PreSplt 61.82 +0.23 59.55 65 238K 527K 59.89
HRS 10/27 Test 50 42.51 -0.2 42.99 49 551K 1M 40.97
Current.
HYSL 10/25 Cup hdl 50.06 +0.24 49.55 58.55 434K 874K 47.22
Buy Not Issued. Continue with low volume ascent. Will let test back.
ICUI 11/05 Cup hdl 34.96 +0.33 35.32 41.55 126K 215K 33.89
Buy Not Hit.
INGR 10/15 Asc Bse 48.55 +0.08 46.31 53.55 435K 435K 44.74
Buy Not Issued.
IRIS 10/22 Test BO 26.26 +0.16 21.74 24.99 139K 290K 23.98
Current. Continue with uptrend on low volume.
IRIS 10/13 Test BO 26.26 +0.16 20.44 24.95 139K 304K 23.98
Current.
JCOM 11/08 Test BO 45.9 +0.55 46.05 53.95 550K 650K 43.15
Buy Not Issued.
JCOM 10/22 Cup hdl 45.9 +0.55 42.75 50.95 550K 750K 43.33
Current.
JOSB 11/05 PreAnn 45.66 +0.83 45.45 53 154K 433K 42.27
Buy Not Issued.
LCAV 11/05 PreAnn 45.33 +1.34 45.76 53.95 958K 965K 43.11
Entered today. Nice move up the 10 day MVA on strong volume.
LUFK 10/29 DB hdl 45.88 -0.7 48.79 57.75 196K 379K 46.65
Current.
LUK 11/07 Cup hdl 45.45 +1.36 44.86 52.95 445K 396K 43.48
Entered today. Broke out with great move on strong volume surge.
MCRS 10/29 Dbl btm 47.31 -0.1 46.21 54.95 180K 450K 45.55
Current.
MRTN 11/03 PreAnn 26.75 +1.33 26.84 30.95 98K 100K 25.25
Buy Not Hit.
MRVL 11/02 Rv H&S 49.46 +0.41 48.71 55.88 2.7M 3.5M 46.32
Current. Nice move up the 10 day MVA on lower, but strong volume.
MRVL 10/01 PreAnn 49.46 +0.41 46.65 53.65 2.7M 3.5M 46.87
Current.
NIHD 11/06 PreSplt 85.78 +0.39 85.45 96.55 322K 1.1M 82.25
Buy Not Issued. Low volume ascent. If stock makes a clear and decisive move on strong volume will still be a buy.
PSUN 10/31 Dbl btm 27.09 -0.19 25.38 29.85 1.3M 2.2M 26.89
Current. Pullback on rising, but below average volume. Testing the breakout. May test back to 26.60
PSYS 11/08 PreSplt 56.87 +0.12 57.12 64.55 257K 610K 54.68
Buy Not Issued.
RMD 10/22 Test 50 39.3 +0.7 38.76 44.75 521K 798K 36.88
Buy Not Issued.
RS 10/13 PreAnn 60.32 -0.16 50.89 58.55 354K 403K 57.45
SBUX 10/15 PreSplt 29.5 0 26.85 29.66 5M 3.2M 28.95
Current.
SMG 11/07 PreSplt 91.17 +1.4 91.13 100 234K 316K 89.12
Entered today.
SRCL 11/03 Test BO 59 +0.82 59.32 68.45 208K 399K 57.68
Buy Not Hit. Tapped 57.85 at the intraday low and rallied back on lower below average volume. Looking good. Need to see more volume.
STJ 10/18 Asc Tri 49.4 +0.13 48.65 54.95 1.4M 2.5M 48.65
Current. Tapped 50.08 at the intraday high, but gave much of it back on below average volume. Meeting resistance at 50
SWN 10/24 PreAnn 68.67 -1.39 71.65 85.95 2.3M 2.6M 68.68
Current. Pullback on rising volume May continue to test back to 50 day MVA (67.70)
TALX 10/27 PreAnn 39.61 +0.41 40.76 47.95 163K 509K 38.89
Buy Not Issued. Showing a doji on the 10 day MVA on low volume. Still in the pattern.
TEVA 11/08 Test BO 38.4 -0.59 39.45 45.75 2.9M 5.5M 37.32
Buy Not Hit. Pullback holding the 10 day MVA on low volume. Meeting resistance at 39.
TSCO 11/05 PreAnn 50.7 -0.44 52.48 60.75 222K 675K 50.55
Buy Not Hit.
UNH 10/08 Test BO 57.36 -0.71 56.32 64.95 4.9M 6M 58.28
Current. Pullback testing the 18 day MVA intraday and rallied back on rising, but below average volume. May continue to test back to 57.10
VLO 11/01 PreSplt 99.55 -4.1 106.65 116 12M 9M 102.15
Buy Not Issued.
VTIV 10/12 Cup hdl 27.65 +0.65 27.48 33.21 875K 714K 25.72
Current. Continue with uptrend for a nice gain on lower, but strong volume.
WBSN 10/19 Cup hdl 59.02 +0.82 60.25 69.45 276K 832K 58.05
Current. Tapped 58.15 at the intraday low and rallied back on low volume. Moving up after testing the breakout.
WIRE 10/01 FlyPlat 21.72 -1.13 16.92 20.25 638K 170K 21.42
Current. Pullback on stronger above average volume holding the 10 day MVA. Still in good shape.
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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