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us stock market, stock split
Begin part 2 of 2
Full report issues Thursday.
THE PLAYS:
New Pre-Split Plays:
Play Date: 02/01/2006
WBSN (Websense--$67.69; +1.76; optionable): Employee management, web control software. Splits 2:1 on 3-20-06
http://biz.yahoo.com/p/w/wbsn.html
After Hours: $67.75
STATUS: Double bottom. WBSN has formed a nice base on base pattern, an 8.5 month cup with handle that broke out in mid-November, and now a 5 week double bottom that has acted to consolidate the prior breakout run. The current base formed roughly near the 50 day EMA (63.66) and then rebounded into this week. Volume started higher Tuesday and then WBSN posted good results and a split Tuesday evening. The stock gapped lower but then rallied on strong volume. Like that kind of action. Looking to move in as WBSN continues higher on solid trade.
Volume: 1.398M Avg Volume: 512.722K
BUY POINT: $67.95 Volume=750K Target=$78 Stop=$64.95
POSITION: DQH GM - July $65c (54 delta) &/or Stock
http://www.investmenthouse.com/cs/wbsn.html
New Post-Split Plays:
Play Date: 02/01/2006
CVH (Coventry Health Care--$61.24; +1.67; optionable): Health care plans
http://biz.yahoo.com/p/c/cvh.html
After Hours: $61.24
STATUS: Ascending base. Getting some action from the State of the Union speech, CVH had formed a nice 14 week base that was making some higher lows along the 50 day EMA (57.69) the past 6 weeks. This base formed following the mid-October split; CVH had run for 13 months and needed a breather. This base gave it that rest and Wednesday CVH made the breakout move, rising on above average volume. Excellent 5 to 2 accumulation (5 up price weeks on rising volume to 2 down price weeks on rising volume) shows excellent buying. Looking to move in and start the play on a continued move higher and then again after the breakout test is complete.
Volume: 1.965M Avg Volume: 1.27M
BUY POINT: $61.57 Volume=1.3M Target=$70.95 Stop=$59.95
POSITION: CVH GL - July $60c (62 delta) &/or Stock
http://www.investmenthouse.com/cs/cvh.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
AAPL 01/30 Test 50 75.42 -0.09 76.45 90 19M 30M 74.87
Buy Not Issued.
AAPL 01/07 PreAnn 75.42 -0.09 77.37 92 19M 30M 83.48
Current.
AGN 01/21 PreAnn 114.86 -1.54 113.39 125 981K 2M 111.42
Buy Not Issued.
AGN 10/27 PreAnn 114.86 -1.54 89.25 102 981K 1.2M 111.89
APA 01/31 PreAnn 73.9 -1.63 76.25 87.95 3.8M 3.5M 74.12
Buy Not Hit.
ATW 01/26 PreAnn 94.5 -2.63 98.11 110.35 402K 546K 97.48
Current.
BIO 01/28 PreAnn 67.66 +0.26 68.48 78.85 58K 115K 65.88
Buy Not Hit.
BOOM 12/21 FlyPlat 37.6 -0.23 32.23 38.62 407K 2.1M 35.68
Current. Pullback tapping 36.62 at the intraday low and rallied back on low volume. Meeting some resistance at 38.
BOOM 11/30 Test 50 37.6 -0.23 24.75 29.75 407K 2.1M 35.68
CELG 01/17 PreSplt 71.68 +0.53 68.55 78.85 1.7M 3.2M 68.45
CELL 01/17 Cup hdl 22.74 +0.17 20.83 24.94 744K 1.3M 22.05
Current.
CHRW 01/31 DB hdl 39.75 -0.71 41.49 49.75 812K 1.4M 39.05
Buy Not Hit. Pullback on rising, but below average volume. May continue to test back to 10 day MVA (39.55)
CHS 01/30 Flat 44.19 +0.63 44.75 52.95 1.9M 2.9M 42.84
Buy Not Hit. Moving up after testing support at 42 on rising, but average volume. Meeting some resistance at 44.64.
CLF 01/14 PreAnn 108.25 +0.4 98.12 110 464K 799K 105.95
Target Hit. Took some interim gain as CLF rallied again but then
hesitated. Nice addition to the bank account & letting
the rest continue to work for us as CLF continues its
move above the 10 day MA.
CNQ 01/28 PreAnn 62.42 +0.42 61.05 71.95 2.1M 1.2M 59.89
Current.
CRDN 12/19 Test 50 57.68 +0.44 46.47 53.95 524K 1.1M 56.55
Current. Beginning to consolidate retaining the gain.
CRM 01/10 Test BO 40.1 -0.95 38.96 45.95 1.9M 2.4M 40.57
Current. Gapped down showing a tight doji at support just below the 10 day MVA on lower, but above average volume. Should be ready to bounce from here.
CTSH 01/07 PreAnn 52.32 -0.05 52.15 59.98 1M 2M 51.05
Current.
DBRN 01/21 PreAnn 46.12 -0.02 42.72 49.55 758K 1.1M 43.88
Current.
DIOD 01/26 Test 18 36.96 -0.08 35.65 41.85 407K 518K 35
Current.
DRI 12/29 PreAnn 40.59 -0.07 40.35 46.48 870K 1.3M 39.52
Current.
DTAS 01/23 Test 50 13.41 +0.32 13.91 16.77 1.1M 1.2M 12.82
Current. Nice recovery off the 50 day EMA, making the rebound
to 13.50, the next point it has to clear. On the right
road.
DVA 01/24 PreAnn 54.19 -0.56 56.21 64.75 891K 816K 54.25
Buy Not Hit.
EOG 01/07 PreAnn 82.95 -1.59 79.25 91.45 4.3M 4.5M 82.44
ESRX 01/27 Flat 91.17 -0.12 92.24 103.45 1.6M 3.3M 88.65
Current.
FTO 01/12 PreAnn 46.01 -1.38 46.18 54.55 1.3M 2M 43.91
Current.
GIL 01/21 PreAnn 49.91 +1.73 45.95 53.85 238K 207K 47
GILD 01/04 PreAnn 61.51 +0.64 56.58 66.95 8.1M 7.2M 59
Current. Tested the 10 day MVA intraday and made a fierce rally back on very strong volume surge. Broke through some resistance at 60.
GVA 01/28 PreAnn 40.32 -0.16 41.11 48.88 288K 337K 39.54
Buy Not Hit.
HAL 01/17 PreAnn 78.95 -0.67 71.93 82.89 11M 8M 78.12
Current. Pullback on stronger above average volume. Still in uptrend.
HOC 01/26 PreAnn 71.71 -1.89 70.32 82 344K 350K 71
Pullback on lower below average volume. Should hold at support (70)
HOLX 12/19 DB hdl 51.4 -0.06 39.33 45.85 970K 1.2M 49.89
Current. Continue with uptrend on average volume.
ISRG 12/19 Test 18 129.66 -7.61 116.25 126 1.8M 1.2M 133
Sold on strong volume to the 18 day EMA. If cannot
hold time to close, particularly any options.
JCOM 01/11 DB hdl 48.07 +0.32 49.12 56.55 297K 769K 47.04
Current. Tested lower thru the 18 day EMA (47.59) and rebounded
to post a gain. Looks like a good shakeout to clear
the road for the run we are looking for.
JEC 12/10 PreAnn 82.92 -0.45 66.75 75.95 665K 610K 80.55
KWK 01/19 Cup hdl 49.37 -0.9 46.88 55 1.8M 1.6M 48.35
Target hit.
LCAV 12/15 PreAnn 55.98 -0.19 50.28 61.32 652K 1M 54.21
Current.
LM 01/26 PreAnn 135.6 +5.9 132.95 149.95 2.2M 1.4M 129.21
Buy Not Issued. Wild action as LM reported a 575% increase in net.
Gapped lower, shot higher, closed well off the high.
After the roller coaster ride, not bad & if can continue
from here, a good entry point.
MATR 12/13 PreAnn 42.19 -0.48 41.36 46.98 454K 392K 41.25
Current.
MRVL 02/01 PreAnn 67.7 -0.72 67.28 78 4.7M 6.1M 66.38
Entered today. This chip leader broke out in Nov & rallied, gapping
higher Friday after BRCM earnings. It has tested that
move, filling the gap & showing a doji @ 10 day EMA.
Great break, great test, ready to move back up.
MRVL 01/14 PreAnn 67.7 -0.72 66.04 76.75 4.7M 6.1M 68.22
Current.
MRVL 01/03 PreAnn 67.7 -0.72 58.97 66.95 4.7M 4.5M 68.22
Current.
MSCC 01/05 Test BO 31.37 +0.93 29.14 33.95 1.2M 900K 29.75
Current. Tested the 10 day MVA intraday and rallied back for a nice gain on strong volume. Broke through some resistance at 31.
NIHD 01/12 Test 18 49.43 +0.03 47.21 55.95 638K 2.1M 48.44
Current. Beginning to make a lateral move on low volume. Meeting some resistance at 50
NOV 01/05 PreAnn 73.58 -2.49 69.37 79.45 2.5M 3M 74.38
Current.
PPDI 01/19 PreAnn 69.28 +0.1 64.88 74.65 245K 561K 67.35
PSYS 01/24 Test BO 33.21 +0.22 33.22 38.95 408K 800K 31.77
Buy Not Issued.
PTEN 01/31 PreAnn 36.6 -1.02 38.65 46 2.9M 4.9M 36.42
Buy Not Hit.
QSII 01/28 PreAnn 88.92 +0.42 85.75 99.95 286K 400K 86.95
Current.
RIO 01/19 PreAnn 50.38 -0.89 49.31 56.95 2.7M 2.8M 49.65
Current. Pullback on much lower, but average volume. Still in uptrend.
RJF 01/21 PreAnn 42.26 -0.3 40.15 45.57 490K 427K 41.35
Current.
SLB 01/26 PreSplt 123.2 -4.24 127.11 137 6.3M 7M 128.25
Current. Held the 10 day EMA (122.64) on lower volume. Looking
for it to hold here & rebound & will look at new positions
as it does.
SNDK 01/14 Test BO 66.75 -0.61 73.72 89.45 9.3M 21M 71.55
Current. Low volume as SNDK paused below the 18 day EMA (68.66).
Still holding over 65 support. After this breather
it needs to make the move thru the 18 day EMA.
SNDK 12/20 DB hdl 66.75 -0.61 60.69 72.38 9.3M 20M 71.55
Current.
SRZ 01/23 Cup 36.3 -0.05 36.25 41.95 331K 565K 34.98
Buy Not Issued. Came off the day's high of 36.89. If stock makes a clear and decisive move tomorrow on strong volume will still be a buy.
STT 01/25 Asc Bse 60.19 -0.27 61.11 70.32 1.9M 1.6M 58.48
Current. Showing a doji on stronger above average volume. Doji may indicate a change in patter to the upside.
SU 01/03 PreAnn 79.61 -0.4 64.88 73.95 3.9M 3.5M 78
Current.
SWN 12/22 Asc Tri 41.77 -1.37 37.92 45.55 2.3M 8M 41.45
Pullback holding the 10 day MVA on rising, but below average volume. Should hold at support at 40.93.
TKC 01/28 Test BO 17.3 -0.11 16.89 20.98 276K 630K 16.11
Buy Not Issued.
TLM 01/28 PreAnn 60.26 -0.67 60.97 71.95 1.3M 1.7M 59.72
Current.
TRID 01/24 Test BO 26.4 +0.28 22.88 27 1.7M 2.2M 24.25
Should continue upward move from here.
UPL 01/26 PreAnn 68.1 -0.69 66.65 76.65 2.5M 2M 64.78
Buy Not Issued.
UPL 01/03 PreAnn 68.1 -0.69 58.57 69.95 2.5M 3M 67.11
VIVO 01/19 Test BO 24.98 +0.04 25.74 30.35 157K 400K 24.02
Current. Moving up on low volume after testing the 50 day MVA
WFT 01/25 Test BO 43.03 -1.75 43.25 49.95 4.7M 5.5M 42.48
Current. Pullback on stronger above average volume. Should hold at the 18 day MVA(42)
WRES 01/12 Cup hdl 17.59 -0.1 17.73 21.38 681K 676K 16.88
Current. Volatile session on very strong volume surge tapping 18.68 at the intraday high. Showing a doji on the 10 day MVA. Should be ready to bounce from here.
XTO 01/03 PreAnn 47.87 -1.21 46.08 52.99 5.1M 5.2M 47.55
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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us stock market
stock split
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