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stock recommendation, stock option
Begin part 3 of 3
THE PLAYS
Good Movers: ENDP; GILD; HCR; LH; MRO; NGA; ZVXI
Monday night play results:
BID: Gapped higher on continued volume but closed flat.
ISRG: Volume remained low as ISRG traded flat on the close
ZVXI: Nice break higher on solid trade.
GRMN: Held flat for the day on low volume. Down some after hours.
New Plays:
Upside:
Play Date: 07/25/2006
AGN (Allergan--$108.99; +2.09; optionable): Contact lens products, drugs, etc.
http://biz.yahoo.com/p/a/agn.html
Earnings: 8-2-06
STATUS: Cup w/handle. Breaking higher from a 17 week base formed after AGN rallied to a new high in Q1. It peaked on low volume twice and then fell into the current base to consolidate and set up the next move. Nice price moves the past week as it bounced up off the 200 day SMA (104.06) at the bottom of the handle. Now need to see some strong volume to accompany the continuing price move as it follows some strong money flow higher.
Volume: 736.7K Avg Volume: 1.347M
BUY POINT: $109.32 Volume=1.5M Target=$117.50 Stop=$106.00
POSITION: AGN JB - Oct. $110c (54 delta)
http://www.investmenthouse.com/ci/agn.html
Play Date: 07/25/2006
BA (Boeing--$83.75; +2.31; optionable): Aerospace
http://biz.yahoo.com/p/b/ba.html
After Hours: $83.70
Earnings: 7-26-06 before the open
STATUS: Double bottom. Solid session Tuesday, rallying on a bump in volume above average. Moving toward the breakout over the 'hump' in its 10 week base. Earnings are out before the open and on a gap higher we will let it make its first test, and if it holds we will look to move in.
Volume: 4.558M Avg Volume: 4.142M
BUY POINT: $84.31 Volume=5.5M Target=$93.95 Stop=$81.45
POSITION: BA KQ - Nov. $85c (58 delta) &/or Stock
http://www.investmenthouse.com/ci/ba.html
Play Date: 07/25/2006
COL (Rockwell-Collins--$55.85; +1.07; optionable): Aerospace/defense equipment
http://biz.yahoo.com/p/c/col.html
Earnings: 7-26-06 after the close.
STATUS: Cup w/handle. Not in same sector as BA. Nice 12 week base has set up as COL consolidates for a new all-time high. Solid price move Tuesday as volume moved higher but was still below average. Money flow is rallying up ahead of price complements positive accumulation. Strong fundamentals growth rate along with a solid technical pattern. Good volume kicking up the past week as it tests and heads toward the breakout. Looks solid.
Volume: 769.3K Avg Volume: 860.866K
BUY POINT: $56.55 Volume=1.3M Target=$65.00 Stop=$54.45
POSITION: COL JK - Oct. $55c (57 delta) &/or Stock
http://www.investmenthouse.com/ci/col.html
Play Date: 07/25/2006
DLLR (Dollar Financial--$19.76; +0.91; no options): Financial services to lower income, middle income individuals
http://biz.yahoo.com/p/d/dllr.html
Earnings: Early August
After Hours: $20.00
STATUS: Ascending base. Volume jumped as DLLR started the breakout from its 11 week base formed along the 50 day EMA (18.20). A new issued in February 2005, this is DLLR's third base and it looks very good as it breaks higher for a new high. Relative strength broke out on the move, a very good indication the break is a solid one. Looking to move in as DLLR continues higher. Solid fundamentals to go along with its nice pattern.
Volume: 500.561K Avg Volume: 177.472K
BUY POINT: $19.95 Volume=250K Target=$23.95 Stop=$18.55
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/ci/dllr.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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