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stock split, stock recommendation
Begin part 2 of 2
Full report issues Thursday.
THE PLAYS
Good Movers: AAPL; ATW; MRVL; MSCC; TECH
New Post-Split Plays:
Play Date: 01/11/2006
JCOM (J2 Global Communications--$47.50; -0.35; optionable): Outsourced & value-added messaging and communications services.
http://biz.yahoo.com/p/j/jcom.html
After Hours: $47.11
STATUS: Double bottom w/handle. JCOM is working sideways just below resistance at 48, forming the handle to a short but nicely formed 6 week base. The current pattern is the tail end of a larger, 27 month base; a breakout takes it to a new all-time high and puts it in great position to rally when that move occurs. A top rated stock from a technical and fundamental position. Want to see strong volume pour in as JCOM makes its breakout move.
Volume: 329.71K Avg Volume: 512.906K
BUY POINT: $48.48 Volume=769K Target=$55.95 Stop=$46.32
POSITION: JQF FJ - June $50c (50 delta) &/or Stock
http://www.investmenthouse.com/cs/jcom.html
Play Date: 01/11/2006
VIP (Vimple Communication--$48.15; +1.45; optionable): Russian wireless communications
http://biz.yahoo.com/p/v/vip.html
STATUS: Ascending triangle. Volume surged Wednesday as VIP started the breakout from a nicely formed 14 week base sporting outstanding 7 to 1 accumulation (7 up price weeks on rising volume to 1 down price weeks on rising volume). This base formed on the heels of a 10 month pattern that tried to make the breakout in September, but did not get too far. That looks to have simply weeded out the last sellers. VIP is starting to move and we are ready to move in as it continues higher on this strong trade.
Volume: 1.013M Avg Volume: 626.5K
BUY POINT: $48.57 Volume=900K Target=$55.95 Stop=$46.38
POSITION: VIP DI - Apr. $45c (75 delta) &/or Stock
http://www.investmenthouse.com/cs/vip.html
CONTINUING PLAYS
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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
AAPL 01/07 PreAnn 83.9 +3.04 77.37 92 53M 30M 81.95
Current.
ACI 01/10 PreAnn 84.05 +0.34 84.92 100 2.1M 2.8M 82.54
Buy Not Hit. Tested the 10 day MVA intraday and rallied back showing a tight doji on much stronger but average volume. Doji may indicate stock is ready to move up.
AGN 10/27 PreAnn 114.66 +0.81 89.25 102 991K 1.2M 111.89
AMHC 12/08 PreAnn 46.24 -1.71 47.34 54.45 357K 511K 45.89
Buy Not Issued. The stock has not made the move we were looking for so will drop.
ATW 01/05 PreAnn 90.49 +1.18 86.18 99.75 365K 545K 88.88
Current.
BOOM 12/21 FlyPlat 34.72 +0.49 32.23 38.62 793K 2.1M 32.74
Current. Continue with the uptrend on low volume.
BOOM 11/30 Test 50 34.72 +0.49 24.75 29.75 793K 2.1M 32.74
BRL 12/28 Asc Bse 66.05 -1.23 63.75 72.88 1.1M 1.1M 65.55
Current. Pullback on above average volume. May continue to pullback to 64.87
BTU 01/10 PreAnn 84.2 -2.85 89.24 102.75 3.7M 4M 85.32
Buy Not Hit. The stock has not made the move we were looking for so will drop.
CDIS 01/03 Test BO 41.89 +0.36 39.42 45.55 927K 2M 39.68
Current. Tapped 40.60 at the intraday low and rallied back as stock moves up the 10 day MVA on low volume.
CERN 01/05 PreSplt 47.03 -1.17 47.06 50 842K 650K 46.78
CETV 12/03 PreAnn 59.24 -0.75 57.75 67.42 146K 228K 58.31
Current. Ease back testing the 10 day MVA intraday and rallied back on low volume. May continue to test back to 10 day MVA (59)
CLE 12/13 Test 18 30.87 -0.25 28.55 33.25 764K 750K 29.95
Current.
COF 12/27 PreAnn 88 +0.28 88.15 99.65 1.9M 3M 86.15
Buy Not Issued.
CRDN 12/19 Test 50 49.32 +0.32 46.47 53.95 659K 1.1M 46.98
Current. Continue with the uptrend on average volume.
CRM 01/10 Test BO 38.27 +0.02 38.65 45.95 2M 2.4M 36.87
Buy Not Hit. Moving up after testing the 10 day MVA on slightly above average volume. Still in the pattern.
CTSH 01/07 PreAnn 50.38 -1.31 52.15 59.98 2.7M 2M 50.89
Current.
CWTR 01/04 PreSplt 33.5 -0.25 32.34 38.65 1M 1.2M 32.16
Current. Pullback tapping 33.02 at the intraday low and rallied back on stronger above average volume. May continue to test back to 33.
DAKT 12/17 PreAnn 31.5 +0.1 30 34.45 89K 150K 31.55
Current. Beginning to level off holding much of the gain.
DRI 12/29 PreAnn 40.03 +0.05 40.35 46.48 1.7M 1.3M 38.97
Current.
EOG 01/07 PreAnn 78.38 +0.38 79.25 91.45 2.8M 4.5M 75.98
Buy Not Issued.
GILD 01/04 PreAnn 56.93 -0.16 56.58 66.95 3M 7.2M 56.32
Current. Pullback on low volume. May test back to 10 day MVA (56)
GRP 01/03 Test BO 49.21 +0.13 45.51 52.95 1.2M 1.7M 47.11
Current. Tapped 48.06 at the intraday low and rallied back on low volume. Continue with the uptrend.
HITK 12/15 PreSplt 45.41 -2.03 44.22 51.95 154K 249K 45.05
Current. Ease back on low volume testing the 18 day MVA intraday and rallied back to hold the 10 day MVA. May continue to test back to 18 day MVA (44.69)
HOLX 12/19 DB hdl 40.54 +0.59 39.33 45.85 818K 1.2M 38.31
Current. Tested the 10 day MVA intraday and rallied back on average volume. Broke through some resistance at 40
HYSL 10/25 Cup hdl 36.23 +0.43 34.56 53.38 1.1M 874K 35.55
Current. Tapped 35.57 at the intraday low and rallied back on stronger above average volume. Moving up after testing the 18 day MVA.
INFY 01/04 PreAnn 73.06 -7.58 82.15 92.38 4.3M 1M 79.88
Exited. Gapped lower on earnings and never got back on track. As it was below the 50 day EMA we decided to close it without waiting for a rebound.
ISRG 12/19 Test 18 127.32 -0.92 116.25 126 688K 1.2M 126
Pullback on low volume. Still in uptrend.
JEC 12/10 PreAnn 72.61 +0.17 66.75 75.95 342K 610K 71
JOSB 01/10 PreSplt 48.84 +0.06 49.55 56.98 436K 525K 47.89
Buy Not Hit.
LCAV 12/15 PreAnn 48.21 -0.44 48.42 59.95 255K 1M 45.03
Buy Not Issued.
LUK 11/07 Cup hdl 48.88 +0.39 44.86 52.95 309K 396K 47.85
Current. Moving up on stronger above average volume after testing the 10 day MVA. Meeting some resistance at 49
MATR 12/13 PreAnn 38.95 -1.15 41.36 46.98 375K 392K 39.48
Current.
MCRS 01/07 Test 50 51.59 -0.48 51.75 59.55 144K 350K 49.05
Buy Not Issued.
MRVL 01/03 PreAnn 66.85 +1.85 58.97 66.95 9.3M 4.5M 64.45
Current. Gapped up at the open and continued to move up the 10 day MVA on strong volume making a nice gain for the session.
MSCC 01/05 Test BO 31.02 +1.52 29.14 33.95 1M 900K 29.48
Current. Gapped up an exploded higher on stronger above average volume.
NBR 01/03 PreSplt 79.25 +0.03 79.26 88.95 3.5M 2.5M 76.97
Current. Gapped up at the open, but gave some of it back testing the 10 day MVA intraday on strong volume. Meeting resistance here.
NOV 01/05 PreAnn 71.9 +0.35 69.37 79.45 2.1M 3M 69.95
Current.
ODP 01/10 PreAnn 32.2 -0.06 32.48 37.95 1.9M 2.7M 31.24
Buy Not Issued.
PCP 12/08 Cup hdl 53.55 -0.79 53.05 60.88 632K 1.3M 53.15
Current.
PPDI 12/20 PreAnn 62.96 -1.71 62.34 72.95 248K 621K 62.05
Current.
PSYS 11/08 PreSplt 30.4 -0.55 29.42 32.98 704K 610K 30.55
Trailing Stop.
RJF 12/17 PreAnn 39.83 -0.15 38.38 44.45 222K 439K 38.98
Current.
SNDK 12/20 DB hdl 76.26 -0.68 60.69 72.38 16M 20M 74.98
Current. Pullback on stronger above average volume. May pullback to 73.95.
STJ 01/06 Test 50 54.05 +0.05 52.92 61.45 1.5M 3.1M 52.89
Current. Beginning to make a lateral move on low volume holding the gain.
SU 01/03 PreAnn 67.1 +0.34 64.88 73.95 1.9M 3.5M 64.92
Current.
SWN 12/22 Asc Tri 38.16 -0.87 37.92 45.55 2.5M 8M 35.88
Buy Not Issued.
TECH 01/09 PreAnn 60 +1.15 59.84 69.95 456K 379K 57.78
Entered today. Great move up the 10 day MVA on strong volume surge.
TIE 01/07 Cup hdl 73.16 -0.83 73.89 84.95 737K 1.2M 71.44
Buy Not Issued. Pullback on low volume. Meeting some resistance at 75
TSCO 01/09 PreAnn 53.93 -1.05 55.25 63.55 456K 547K 53.55
Buy Not Hit. Tapped 55.80 at the intraday high, but gave it back holding the 10 day MVA on stronger above average volume. Still in the pattern.
UPL 01/03 PreAnn 60.9 +1.6 58.57 69.95 2M 3M 56.15
Buy Not Issued.
VSAT 01/05 Cup hdl 28.04 +0.2 28.12 33.75 127K 272K 26.78
Buy Not Issued. Tested the 18 day MVA intraday and rallied back on rising, but below average volume. Still forming the handle.
WIRE 01/07 PreAnn 26.31 -0.3 26.23 31.31 201K 502K 24.88
Current. Gapped up at the open, but gave it back on below average volume. Still in good shape.
XTO 01/03 PreAnn 45.18 -0.38 46.08 52.99 4.4M 5.2M 44.62
Buy Not Issued.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
COHR 12/27 Put 30.67 +0.37 29.35 27.61 447K 150K 30.22
Exited.
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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