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stock recommendation, stock option
Begin part 3 of 3
THE PLAYS
Good movers: SOX, BRCM, DRI, IIJI, IRIS, LSTR, MRVL, MSCC, NTRI
Thursday night play results:
GME: Gapped higher and showed some volume. Getting ready.
PSSI: Continued the breakout early but gave it all back.
RMD: Continued higher but absolutely no volume.
Upside:
Play Date: 11/19/2005
GYI (Getty Images--$91.11; +1.67; optionable): Visual content, imagery
http://biz.yahoo.com/p/g/gyi.html
STATUS: Run to 100. GYI is a market leader and it broke out from a ragged 9 week base in early November, running to 90 on that move. It tested back to the 10 day EMA (89.07) last week and then jumped off that level Friday. Once a strong stock in a rising market crosses 100 it has a tendency to move to 100. We are looking to move in as it continues this break higher, capturing the momentum on the way to 100.
Volume: 328.5K Avg Volume: 395.689K
BUY POINT: $91.55 Volume=594K Target=$100 Stop=$89
POSITION: GYI DR - Apr. $90c (55 dela)
http://www.investmenthouse.com/ci/gyi.html
Play Date: 11/19/2005
HSP (Hospira--$44.47; +0.48; optionable): Pharmaceutical and medication delivery
http://biz.yahoo.com/p/h/hsp.html
STATUS: Breakout test. HSP has spent the past week in a flying plateau, a tight lateral move that follows a strong break higher. HSP broke out from a 9 week base a week back, moving to a new all-time high. Solid 4 to 2 accumulation (4 up price weeks on rising volume to 2 down price weeks on rising volume) shows net buying and complements the strong money flow. Ready to move in as it makes the break higher from this plateau on continued strong volume. A solid stock fundamentally and technically.
Volume: 612.3K Avg Volume: 612.505K
BUY POINT: $44.95 Volume=900K Target=$51.95 Stop=$43.05
POSITION: HSP BI - Feb. $45c (52 delta) &/or Stock
http://www.investmenthouse.com/ci/hsp.html
Play Date: 11/19/2005
PTC (Par Technology--$30.49; +0.23; no options): Management technology solutions to hospitality and retail industries
http://biz.yahoo.com/p/p/ptc.html
STATUS: Cup w/handle. Sold 16 week base has formed, setting up for the next breakout to an all-time high. Positive accumulation and used the 200 day SMA (23.80) on the lows as support; like to see that as that is where the institutions get in or get out. Very nice handle is setting up a good breakout. Like that we do not have to really surge to a new high in order to bank a great return.
Volume: 61.4K Avg Volume: 101.983K
BUY POINT: $32.05 Volume=153K Target=$37.95 Stop=$29.81
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/ptc.html
Continuing ready to move:
Play Date: 11/15/2005
MSTR (Microstrategy--$78.2; +0.75; optionable): Business software
http://biz.yahoo.com/p/m/mstr.html
STATUS: Cup w/handle. MSTR has now pieced together a much better base, having formed a nice handle last week to its 15 week pattern that formed above the 200 day SMA (64.56). Moved up the buy point to account for the new high in the handle. Friday MSTR probed the breakout point but had no volume. Looking for that volume to come in this week.
Volume: 268.684K Avg Volume: 370.636K
BUY POINT: $79.05 Volume=612K Target=$88.95 Stop=$75.89
POSITION: EOU DP - Apr. $80c (48 delta) &/or Stock
http://www.investmenthouse.com/ci/mstr.html
Play Date: 11/01/2005
PSTI (Per-Se Technologies--$23.63; +0.68; optionable): Connective healthcare solutions
http://biz.yahoo.com/p/p/psti.html
STATUS: Cup w/handle. Volume is stirring again as PSTI made a test of the 50 day EMA intraday last week, rebounding on strong volume. Friday volume was there but now quite enough. It is ready to make the breakout from its 15 week base sporting positive volume. Just want to see more volume as it continues.
Volume: 292.002K Avg Volume: 257.532K
BUY POINT: $22.72 Volume=444K Target=$27 Stop=$21.55
POSITION: MQA CX - Mar. $22.50c (54 delta) &/or Stock
http://www.investmenthouse.com/ci/psti.html
Play Date: 11/16/2005
WBSN (Websense--$62.19; +0.27; optionable): Employer internet control services
http://biz.yahoo.com/p/w/wbsn.html
STATUS: Breakout test. WBSN blasted off two weeks back out of its 8.5 month cup with handle base, but it fell back for a quick test. It held the 18 day EMA (60.05) on the lows, closing to hold the 10 day EMA (61.42). It survived a downgrade Wednesday, and was testing the waters for the move back up Friday. Just want to see some more volume come in and jump in as WBSN makes the move through the buy point.
Volume: 472.72K Avg Volume: 602.958K
BUY POINT: $62.78 Volume=887K Target=$71.95 Stop=$59.94
POSITION: DHQ DM - Apr. $65c (54 delta) &/or Stock
http://www.investmenthouse.com/ci/wbsn.html
Good Investing!
Jon L. Johnson and your IH Alerts Team
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 in 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 recommendation
stock option
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