|
|
stock split, stock recommendation
Begin part 2 of 2
NOTE: As of March 1 we will be SENDING our reports from Editor2006@InvestBilling.com (they are currently coming from Editor2005@InvestBilling.com). Please make any adjustments that may be necessary on your end to accept emails from this new email address.
THE PLAYS:
Good movers: ATHR; BRCM; BRO; CHRW; JEC; MRVL; NURO; NVDA; WIRE
New Pre-Announcement Plays:
Play Date: 03/01/2006
MRVL (Marvell Technology--$65.18; +3.96; optionable): Semiconductor integrated circuits
http://biz.yahoo.com/p/m/mrvl.html
After Hours: $64.95
STATUS: Test 50 day EMA. Announced earnings last week and despite good results it was unable to break free from the 5 week trend lower after gapping higher in late January on BRCM's earnings and split announcement. It cracked below the 50 day EMA (62.52) on the Tuesday close, but volume remained below average. Wednesday it turned around with a strong rally back through the 50 day on a strong shot of above average volume. After the pullback to consolidate its strong move it looks as if MRVL is ready to resume its leadership role.
Volume: 8.092M Avg Volume: 4.923M
BUY POINT: $65.85 Volume=5.8M Target=$75.75 Stop=$63.45
POSITION: UVM HM - Aug. $65c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/mrvl.html
Play Date: 03/01/2006
SLAB (Silicon Labs--$50.31; +2.33; optionable): Semiconductors
http://biz.yahoo.com/p/s/slab.html
After Hours: $50.23
STATUS: Test 50 day EMA. SLAB gapped higher in late January on a strong earnings prognosis. It rallied to 52.50 and then faded back the past 5 weeks to test the move and fill most of the gap. It held mostly near the 18 day EMA (47.31), testing toward the 50 day EMA (44.37) on an intraday basis and then rebounding. Strong money flow continues to lead higher. Accumulation is positive. Volume jumped back above average Wednesday for the first time in three weeks. Looking to move in on a continued move higher on solid volume.
Volume: 1.536M Avg Volume: 1.216M
BUY POINT: $50.76 Volume=1.8M Target=$60.95 Stop=$47.68
POSITION: QFJ GJ - July $50c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/slab.html
Continuing Market leader plays:
Play Date: 02/28/2006
WITS (Witness Systems--$24.31; +0.88; optionable): Contact center worldwide
http://biz.yahoo.com/p/w/wits.html
STATUS: Breakout test. Good move higher Wednesday off of the 18 day EMA (23.36) but no volume going with it. Still looks solid and if it gets a bit more volume it is still a buy. To recap: WITS blasted out of a 16 week flat base to start February, rallying to 24.59 on the high. It peaked out last week and started to faded back this week, heading toward the 18 day EMA Tuesday. It is likely to hit that level and then make its next bounce higher. Excellent 7 to 2 accumulation in the base (7 up price weeks on rising volume to 2 down price weeks on rising volume) shows a lot of buying. Nice breakout to a new 6 year high and this test is re-setting the breakout move for the next leg.
Volume: 242.873K Avg Volume: 416.835K
BUY POINT: New: $24.55 (orig. $23.94) Volume=550K Target=$27.74 Stop=$23.02
POSITION: UPJ FX - June $22.50c (64 delta) &/or Stock
http://www.investmenthouse.com/cs/wits.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 35.73 +1 35.45 41.85 2.4M 5.6M 34.15
Current.
ANN 02/25 PreAnn 36.75 +0.45 36.05 43 965K 2M 34.89
Buy Not Issued. Low volume ascent. Will drop and let test back.
ATHR 02/28 FlyPlat 23.1 +2.52 21.98 26.45 4.2M 1.4M 21.88
Entered today. Bounced off the 10 day MVA for an explosive move on strong volume surge.
BLUD 02/25 PreAnn 29.96 +0.14 31.55 37.95 348K 669K 29.89
Buy Not Hit.
BRCM 02/14 PreSplt 48.21 +3.11 45.66 52.38 16M 10M 46.05
Current.
BRO 02/21 DB hdl 32.06 +0.79 32 37.95 466K 808K 30.88
Entered today.
CELG 02/16 PreSplt 38.33 +0.33 35.45 40.75 4.1M 3M 36
Current. Gapped up at the open, but gave some of it back on low volume. Beginning to consolidate holding the gain.
CELG 01/17 PreSplt 38.33 +0.33 32.28 39.45 4.1M 3.2M 36
CELL 01/17 Cup hdl 28.22 -0.07 20.83 24.94 1.2M 1.3M 28.08
Current.
CEPH 02/23 PreAnn 81.03 +1.55 76.72 92 2.2M 3M 78.31
Nice move as stock continues to move up the 10 day MVA on rising volume.
CHE 02/22 Asc Bse 55.72 +0.28 55.65 65.75 158K 284K 54.64
Current. Tapped 54.57 at the intraday low and rallied back on below average volume. Moving up after testing the 10 day MVA.
CHRW 01/31 DB hdl 45.81 +0.99 42.03 49.98 1.2M 1.4M 43.97
Current. Continue with the uptrend for a nice gain on stronger above average volume.
CHS 01/30 Flat 47.76 +0.71 46.98 55 2.4M 2.9M 47.12
Current. Tested the 18 day MVA intraday and rallied back on stronger above average volume. Moving up after testing the breakout.
CLZR 02/25 PreAnn 18.8 -0.35 19.12 22.95 507K 558K 18.42
Current. Pullback tapping 18.35 at the intraday low and rallied back on above average volume. May continue to test back to 10 day MVA (18.62)
CNI 02/07 PreSplt 47.68 +0.51 45.22 50.98 946K 800K 46.02
Current. Split its stock today. Volatile session. Huge gap up at the open (51.17) then gave almost all of it back tapping 45.10 at the intraday low. Held at some resistance.
COH 02/11 DB hdl 35.88 +0.16 36.88 42.95 1.9M 4.1M 35.15
Buy Not Issued.
CRDN 02/25 PreAnn 61.31 +0.43 60.35 72.32 1.7M 1.1M 59.11
Current.
DBRN 02/21 PreAnn 44.38 +1.2 44.11 52.95 362K 1.2M 42.55
Buy Not Issued.
DIOD 02/22 Asc Bse 39.18 +1.4 38.25 45.88 158K 550K 37.25
Current. Moving up the 10 day MVA for a nice gain on low volume.
DIOD 01/26 Test 18 39.18 +1.4 35.65 41.85 158K 518K 37.25
Current.
DRI 12/29 PreAnn 41.82 -0.12 40.35 46.48 1.1M 1.3M 41.88
Current.
DTAS 01/23 Test 50 14.23 +0.12 13.91 16.77 401K 1.2M 13.97
Current. Tested the 18 day MVA intraday and rallied back on low volume. Meeting some resistance at 14.39
DVA 01/24 PreAnn 58.17 -0.22 56.21 64.75 482K 816K 58.11
Current.
FFIV 02/17 Test 50 67.92 +0.12 63.65 77.95 601K 1.7M 66.48
Current. Showing a doji on low volume. Still in uptrend.
FRK 02/23 PreAnn 58.63 +1.02 59.75 71.75 464K 850K 57.05
Buy Not Hit.
GCO 02/28 PreAnn 39.88 -0.72 41.82 48.95 460K 277K 40.02
Buy Not Hit. Big gap down testing the simple 50 day MVA (38.91) at the intraday low and rallied back on strong volume surge. Stock should rebound from here.
GG 02/25 PreAnn 26.24 +0.79 26.38 31.75 3.3M 5M 24.97
Buy Not Hit.
GPN 02/18 Test 50 52.42 +0.36 50.35 57.95 505K 1M 48.78
Buy Not Issued. Volume not there to enter the play. Will drop for now and let test back.
GS 02/14 PreAnn 143.15 +1.86 144.88 156.95 2.9M 4.4M 142.98
Current. Bounced to hold the 10 day MVA on low volume. Meeting some resistance at 145.
IEX 02/23 PreAnn 47.26 +0.01 48.05 55.35 189K 200K 46.36
Buy Not Hit. Tested the 10 day MVA intraday and rallied back on average volume. Testing the breakout. May continue to test back to 10 day MVA (47)
IRM 02/14 PreAnn 43.45 -0.25 43.87 50.42 652K 525K 43.45
Current.
ITG 02/09 PreAnn 48.05 +2.57 45.25 53.95 632K 700K 43.15
Buy Not Issued. Although volume came in stock to far ahead of buy point. Will let test back.
JEC 12/10 PreAnn 86.94 +1.2 66.75 75.95 343K 610K 84.48
JOSB 02/09 PreSplt 45.26 +0.65 43.2 49.96 376K 695K 43.89
Current.
MRVL 02/14 PreAnn 65.18 +3.96 65.35 75.75 8.1M 7M 63.45
Current. Explosive move up on excellent volume surge. Holding at some resistance
NURO 02/28 Cup hdl 38.6 +2.68 38.65 45.55 429K 352K 36.44
Entered today.
NVDA 02/06 Test 18 48.92 +1.79 46.96 55.45 5.9M 6.1M 45.98
Current.
PNRA 02/04 PreAnn 71.26 +0.4 72.55 83.25 226K 801K 70.35
Buy Not Issued. Bounced to hold the 10 day MVA on low volume. Still in the pattern.
POOL 02/11 Asc Bse 44 +0.53 41.08 48.94 218K 285K 42.98
Current.
PPDI 02/18 Test BO 34.85 +0.06 35.06 39.95 630K 544K 34.41
Buy Not Issued.
PPDI 01/19 PreAnn 34.85 +0.06 32.44 37.32 630K 561K 34.22
QLGC 02/23 PreSplt 40.74 -0.4 40.42 46.55 2.2M 2.2M 39.94
Current.
RARE 02/09 PreAnn 32.18 +0.18 32.65 37.65 220K 401K 31.45
Buy Not Issued.
RSTI 02/18 FlyPlat 52.46 -0.22 51.95 59.95 79K 173K 51.38
Current. Pullback showing a doji on low volume. May continue to test back to 10 day MVA(52)
SNDK 01/14 Test BO 61.77 +1.43 73.72 89.45 7.9M 21M 71.55
Current. Showing a doji on the 50 day MVA on lower below average volume. Meeting some resistance at 65
SNDK 12/20 DB hdl 61.77 +1.43 60.69 72.38 7.9M 20M 71.55
Current.
STT 01/25 Asc Bse 62.42 -0.06 61.11 70.32 1.3M 1.6M 61
Current. Making a lateral move on rising, but below average volume holding the gain.
TALX 02/21 Test 50 31.91 -0.05 33 39.42 249K 729K 31.44
Current.
TECH 02/27 PreAnn 60.05 +0.58 60.57 71.88 137K 374K 58.88
Buy Not Hit. Tapped 59 at the intraday low and rallied back on low volume. Meeting some resistance here.
TKC 01/28 Test BO 18.25 +0.26 18.55 22.25 389K 630K 18.39
Current. Bounced off the 18 day MVA on slightly above average volume. Ready to move up after testing the breakout.
TRID 02/06 Test 18 29.12 +1.18 26.22 31.72 1.8M 2.5M 26.68
Current. Bounced off the 10 day MVA for a great move breaking through resistance at 28 on rising volume.
TRID 01/24 Test BO 29.12 +1.18 22.88 27 1.8M 2.2M 26.68
VMC 02/23 PreAnn 80.05 +1.05 80.11 92 337K 800K 77.45
Buy Not Issued. Tapped 78.41 at the intraday low and rallied back on low volume. Meeting resistance here.
WBSN 02/15 PreSplt 62.66 +0.85 62.05 68.65 461K 844K 60.35
Buy Not Issued.
WIRE 02/13 Test BO 32.81 +1.62 30.98 36.98 1M 485K 30.96
Current. Bounced off the 10 day MVA for an explosive move on excellent volume surge.
WITS 02/28 Test BO 24.31 +0.88 23.94 27.74 243K 550K 23.02
Buy Not Issued. Volume not there to enter the play. Will let test back.
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.
|
stock split
stock recommendation
|
