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us stock market, trading system
Begin part 2 of 2
THE PLAYS:
Good movers: CELG; CHRW; CTSH; DIOD; HRS; IRM; JEC; JOSB; RJF; STT; TALX
New Post-Split Plays:
Play Date: 02/22/2006
CHE (Chemed--$55.42; +0.87; optionable): End of life hospice services, Roto-Rooter, etc.
http://biz.yahoo.com/p/c/che.html
STATUS: Ascending base. Pretty diverse business, but it is making strong money. Split in May and then formed a 6 month base. Broke out and rallied, and now is ready to breakout from its next base, an 11 week ascending pattern over the 50 day EMA (51.63). Volume has surged the past two sessions as CHE has moved to the breakout. Excellent 4 to 0 accumulation shows all buying as money flow surges higher. Relative strength is ready to breakout as well, a good confirmation of the stock.
Volume: 416.3K Avg Volume: 189.411K
BUY POINT: $55.65 Volume=284K Target=$65.75 Stop=$52.89
POSITION: CHE FK - June $55c (51 delta) &/or Stock
http://www.investmenthouse.com/cs/che.html
New buy point on current position:
Play Date: 02/22/2006
DIOD (Diodes--$37.96; +1.08; optionable): Semiconductors integrated circuits
http://biz.yahoo.com/p/d/diod.html
STATUS: Flying plateau. Volume jumped Wednesday as DIOD started the breakout move from a four week lateral move over the 18 day EMA (36.52) that formed immediately after the late January breakout from a short 6 week ascending base. A leading stock in the market, DIOD is set up to make the next move to a new all-time high. Excellent money flow and relative strength is ready to make the breakout move.
Volume: 632.037K Avg Volume: 391.36K
BUY POINT: $38.15 Volume=550K Target=$45.75 Stop=$36.38
POSITION: DUH FG - June $35c (77 delta) &/or Stock
http://www.investmenthouse.com/cs/diod.html
Continuing post-split:
Play Date: 02/11/2006
COH (Coach--$36.6; +0.51; optionable): Handbags, etc.
http://biz.yahoo.com/p/c/coh.html
After Hours: $36.54
STATUS: Ascending triangle. Ready to make the breakout from its 8 month base that formed making higher lows up the 200 day SMA (33.25). Volume has started to kick up the past two weeks as COH moves to the pattern high. Strong money flow is leading, and we are looking for price to follow. Volume was not quite there Wednesday.
Volume: 2.097M Avg Volume: 2.732M
BUY POINT: $36.88 Volume=4.1M Target=$42.95 Stop=$35.15
POSITION: COH EG - May $35c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/coh.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
AMX 02/18 Asc Bse 34.63 +0.6 34.68 40.95 3.2M 5.6M 33.11
Buy Not Issued.
BIO 01/28 PreAnn 65.72 +0.65 68.48 78.85 50K 115K 65.88
Buy Not Hit.
BRCM 02/14 PreSplt 44.9 +0.91 45.66 52.38 10M 10M 44.03
Current. Split its stock today as stock makes a nice move up off the 18 day MVA on low volume.
BRO 02/21 DB hdl 31.27 +0.51 31.75 37.95 277K 808K 30
Buy Not Hit.
CELG 02/16 PreSplt 71.83 +1.78 70.89 81.45 2.1M 3M 69.32
Entered today. Tested the 18 day MVA intraday and rallied back for a great move on below average volume.
CELG 01/17 PreSplt 71.83 +1.78 68.55 78.85 2.1M 3.2M 69.32
CELL 01/17 Cup hdl 29.25 +0.46 20.83 24.94 541K 1.3M 28.08
Current.
CHRW 01/31 DB hdl 44.02 +1.54 42.03 49.98 1M 1.4M 42.31
Current. Tested the 10 day MVA intraday and exploded higher on strong volume. Continue with uptrend.
CHS 01/30 Flat 48.85 -0.05 46.98 55 1.9M 2.9M 46.78
Current. Gapped up at the open, but gave it back on average volume. Still trending higher.
CNI 02/07 PreSplt 94.23 +0.02 90.45 101.95 598K 800K 92.05
Current. Showing a doji on rising volume. Could be ready for next move up.
COH 02/11 DB hdl 36.6 +0.51 36.88 42.95 2.1M 4.1M 35.15
Buy Not Issued.
CTSH 01/07 PreAnn 56.67 +2.01 52.15 59.98 1.4M 2M 55.31
Current.
DBRN 02/21 PreAnn 44.41 +1.06 44.11 52.95 368K 1.2M 42.55
Buy Not Issued.
DIOD 01/26 Test 18 37.96 +1.08 35.65 41.85 632K 518K 36.32
Current.
DRI 12/29 PreAnn 42.21 +0.48 40.35 46.48 820K 1.3M 41.21
Current.
DTAS 01/23 Test 50 14.02 +0.2 13.91 16.77 570K 1.2M 13.54
Current. Bounced off the 10 day MVA for a nice gain on below average volume. Meeting some resistance here.
DVA 01/24 PreAnn 58.89 -0.1 56.21 64.75 544K 816K 58.11
Current.
ESRX 01/27 Flat 93.91 +0.86 92.24 103.45 2.4M 3.3M 91
Current. Reported earnings after close & was getting roughed
up some, trading down toward the 18 day EMA (91.73).
FFIV 02/17 Test 50 63.76 +1 63.65 77.95 511K 1.7M 61.55
Current. Tested the 18 day MVA intraday and rallied back on low volume. Moving up after testing the 50 day MVA. Meeting some resistance at 65.
GME 02/11 Test BO 41.04 +0.53 41.11 48.95 577K 2M 39.89
Buy Not Issued. Bounced off the 18 day MVA to hold the 10 day MVA on low volume. Came off the day's high of 41.95. Need to see a clear and decisive move on strong volume.
GPN 02/18 Test 50 50.27 +0.53 50.35 57.95 822K 1M 48.78
Buy Not Issued. Moving up on stronger above average volume, but still not enough to enter the play. If stock continues the move tomorrow with strong volume will be a buy.
GS 02/14 PreAnn 145.53 +2.08 144.88 156.95 2.7M 4.4M 142.98
Current. Bounced off the 10 day MVA on low volume. Meeting some resistance established last week.
GVA 01/28 PreAnn 46.25 +2.08 40.85 48.88 662K 337K 39.22
Buy Not Issued. Low volume ascent, will drop for now and let test back.
HOLX 02/21 FlyPlat 49.57 -1.42 52.38 62 841K 1.1M 49.54
Buy Not Hit. Pullback holding the 18 day MVA on rising, but average volume. Still in the pattern.
HOLX 12/19 DB hdl 49.57 -1.42 39.33 45.85 841K 1.2M 49.89
Current.
HRS 02/02 Flat 49.66 +1.05 47.91 55.35 698K 900K 48.55
Current.
IRM 02/14 PreAnn 44.78 +1.43 43.87 50.42 395K 525K 43.45
Current.
ITG 02/09 PreAnn 45.09 +0.87 45.25 53.95 275K 700K 43.15
Buy Not Issued. Bounced off the 18 day MVA for a nice gain on low volume. Need to see clear and decisive move on strong volume.
JEC 12/10 PreAnn 86.94 +3.39 66.75 75.95 763K 610K 84.48
JOSB 02/09 PreSplt 44.78 +1.2 43.2 49.96 384K 695K 43.25
Current.
LM 01/26 PreAnn 134.01 +0.53 132.95 149.95 790K 1.4M 129.21
Buy Not Issued.
LRCX 02/16 PreAnn 44.13 -0.45 46.12 55 3.5M 4M 42.89
Buy Not Hit.
MATR 12/13 PreAnn 43.93 +0.77 41.36 46.98 334K 392K 43.32
Current.
MRVL 02/14 PreAnn 64.32 +2.02 65.35 75.75 5.7M 7M 62.05
Current. Moving up after testing the 50 day MVA on lower, but strong volume.
NVDA 02/06 Test 18 46.38 -0.08 46.96 55.45 7.8M 6.1M 45.54
Current.
NX 02/18 PreAnn 62.9 -0.86 63.48 73 241K 569K 61.22
Entered today.
PD 02/16 PreSplt 146.25 -3.72 146.95 160 2.4M 4.3M 145.75
Current.
PNRA 02/04 PreAnn 71.04 -0.05 72.55 83.25 318K 801K 70.35
Buy Not Issued. Showing a doji just above the 18 day MVA on low volume. still in the pattern.
POOL 02/11 Asc Bse 43.62 +0.44 41.08 48.94 241K 285K 42.25
Current.
PPDI 02/18 PreAnn 69.23 +1.59 68.62 78.95 218K 544K 66.72
Buy Not Issued.
PPDI 01/19 PreAnn 69.23 +1.59 64.88 74.65 218K 561K 67.35
RARE 02/09 PreAnn 31.57 +0.11 32.65 37.65 105K 401K 31.45
Buy Not Issued.
RJF 01/21 PreAnn 46.56 +1.53 40.15 45.57 597K 427K 45.32
Target Hit. Announced its split and gave us a nice run to our initial target! Moved up the stop and letting it run up the
10 day EMA for us. Financials are leading and thus
RJF is going to lead for us.
RMD 02/21 Cup hdl 40.71 -0.7 43.11 51 567K 747K 41
Buy Not Hit. The stock has not made the move we were looking for so will drop.
RSTI 02/18 FlyPlat 52.06 +1.3 51.95 59.95 190K 173K 49.89
Entered today. Tapped 50.48 at the intraday low and rallied back for a great move on excellent volume surge.
SLB 02/21 PreSplt 117.02 -1.49 120.11 130 4.6M 8M 116.95
Buy Not Hit.
SNDK 01/14 Test BO 59 +3 73.72 89.45 13M 21M 71.55
Current. Hurray Finally. Nice move up on much stronger, but average volume. Needs to continue with the momentum and break through the 10 day MVA (60)
SNDK 12/20 DB hdl 59 +3 60.69 72.38 13M 20M 71.55
Current.
STT 01/25 Asc Bse 62.95 +1.76 61.11 70.32 1.5M 1.6M 61
Current. Bounced off the 10 day MVA for an explosive move on rising, but average volume making a 52 week high.
TALX 02/21 Test 50 33.06 +1.02 33 39.42 477K 729K 31.44
Entered today.
TKC 01/28 Test BO 18.94 -0.12 18.55 22.25 306K 630K 18.21
Entered today. Pullback on average volume. Still in uptrend.
TRID 02/06 Test 18 28.15 +0.98 26.22 31.72 926K 2.5M 26.35
Current. Meeting some resistance here.
TRID 01/24 Test BO 28.15 +0.98 22.88 27 926K 2.2M 26.35
USPI 02/15 Rv H&S 37.17 -2 39.87 47.85 1.1M 788K 37.96
Buy Not Issued. Stock has not made the move we were looking for so will drop.
WBSN 02/15 PreSplt 60.46 +0.68 62.05 68.65 723K 844K 60.35
Buy Not Hit.
WFT 01/25 Test BO 43.3 -0.58 43.25 49.95 3.2M 5.5M 43.39
Current. Pullback testing the 10 day MVA intraday on low volume. Moving up after testing the 50 day MVA.
WIRE 02/13 Test BO 30.82 -0.83 30.98 36.98 362K 485K 29.69
Current. Gapped down tapping 30 at the intraday low and rallied back on low volume. May continue to test back to 10 day MVA (30.30)
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BAC 02/11 Put 45.08 +0.53 43.54 41.72 15M 14M 44.21
Current. Rallied on much stronger above average volume. May continue to rally up to the simple 50 day MVA (45.32). Will need to rollover there.
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
trading system
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