|
|
us stock market, stock split
Begin part 2 of 2
THE PLAYS:
Good movers: CXW; HYSL; WST; ATW; RS
New Plays:
New Post-Split Play:
Play Date: 09/11/2006
XRAY (Dentsply--$32.20; -0.01; optionable): Dental instruments
http://biz.yahoo.com/p/x/xray.html
STATUS: Test 50 day EMA. XRAY split in mid-July just after bottoming in a 7 week base. It rallied up the 10 day EMA (32.36) into late August, topping out at 33.76 on the peak. It then started to test the past three weeks, tapping down to the 50 day EMA (31.62) on the Monday low and then rebounding to close flat. Looking to move in as XRAY continues the rebound through the 10 day EMA on rising volume. Perennial market leader setting up another good entry point.
Volume: 717.847K Avg Volume: 729.577K
BUY POINT: $32.45 Volume=740K Target=$36.50 Stop=$31.55
POSITION: XEQ AZ - Jan. $32.50c (51 delta) &/or Stock
http://www.investmenthouse.com/cs/xray.html
New Leader Play:
Play Date: 09/11/2006
WEBX (Webex Communications--$36.88; +0.44; optionable): Web communications services
http://biz.yahoo.com/p/w/webx.html
STATUS: Test breakout. Taking another look at WEBX as it comes off a test of the mid-August breakout from a 14 week ascending base. Strong breakout on strong volume and now a good test on lower, below average volume. Monday WEBX jumped higher on a shot of rising, above average volume. Money flow is moving higher ahead of price. Strong 5 to 2 accumulation (5 up price weeks on rising volume to 2 down price weeks on rising volume) show solid buying in the base. Looks ripe to break higher once more to a 5.5 year high.
Volume: 649.663K Avg Volume: 637.972K
BUY POINT: $37.08 Volume=600K Target=$42.50 Stop=$35.65
POSITION: UWB LG - Dec. $35c (65 delta) &/or Stock
http://www.investmenthouse.com/cs/webx.html
CONTINUING POST-SPLIT PLAYS:
Play Date: 09/09/2006
CWTR (Coldwater Creek--$27.69; +0.44; optionable): Apparel stores and catalog sales
http://biz.yahoo.com/p/c/cwtr.html
STATUS: Cup w/handle. Volume edged higher Monday as CWTR jumped up to the top in the handle, backing off slightly at the close. Still looks ready to make the breakout. To recap: You go to the website and you still cannot find any information on that creek that has the cold water in it. CWTR is working on a handle at the 10 day EMA (27.10) to its 4 month cup base. After gapping higher the third week of August on strong same store sales it rallied to 28 and last week started the comeback to shakeout the short term profit takers and set up the next run higher. May take a couple more sessions at the 10 day EMA to finish the shakeout, so we are going to be patient and let it set up and show the next break higher. We are calling this one a post-split, but it is rapidly approaching its prior split prices. Thus if it gives us a nice entry point we can view it as getting a jump start on a pre-announcement play.
Volume: 1.145M Avg Volume: 1.517M
BUY POINT: $28.25 Volume=2.3M Target=$33.95 Stop=$26.75
POSITION: UCJ AE - Jan. $25c (66 delta) &/or Stock
http://www.investmenthouse.com/cs/cwtr.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
AAPL 09/05 Cup hdl 72.50 -0.02 71.72 79.95 34M 29M 69.95
Current. Beginning to consolidate on slightly above average volume.
AAPL 08/21 Cup hdl 72.50 -0.02 68.12 78.00 34M 40M 70.85
Current.
AEOS 08/10 Cup hdl 41.44 +0.64 35.46 42.45 1.6M 2.5M 40.00
Current. Continue with the uptrend on low volume.
ASMI 08/26 Cup hdl 17.45 -0.05 17.55 20.97 92K 285K 16.95
Buy Not Issued. Still forming the handle on low volume.
BOOM 09/02 Cup 33.57 -1.77 36.68 42.50 745K 800K 34.48
Buy Not Issued. Stock has not performed so will drop.
CERN 08/23 DB hdl 45.28 +0.09 46.58 53.55 444K 1.4M 44.62
Buy Not Issued. Beginning to make a lateral move along the 18 day MVA on low volume. Still in the pattern.
CHAP 08/29 PreSplt 34.95 -2.88 36.03 39.50 1.4M 500K 36.72
Reversed so it was time to close it.
CTRP 08/26 Cup 51.63 0.00 51.65 57.89 155K 601K 51.11
Current.
CTSH 08/19 PreAnn 69.62 +0.37 71.11 79.00 856K 1.8M 68.22
Buy Not Issued. Tapped 68.09 at the intraday low and rallied back on rising volume. Looking good. Need to see more volume on upside moves.
CTSH 07/28 PreAnn 69.62 +0.37 66.12 77.95 856K 2.4M 68.45
Trailing Stop.
CVD 09/08 Asc Bse 64.29 +0.04 64.17 71.98 245K 732K 63.00
Current. Continue to trend higher on low volume.
CWTR 09/09 Cup hdl 27.69 +0.44 28.25 33.95 1.1M 2.3M 26.75
Buy Not Hit.
CXW 09/07 PreSplt 66.18 +2.78 64.95 70.00 552K 400K 65.11
Entered today.
DE 09/09 PreAnn 79.68 -1.62 82.78 93.00 3.4M 4M 79.95
Buy Not Hit. Pullback testing the 10 day MVA intraday and rallied back on stronger above average volume. Still in the pattern.
DIOD 09/09 Asc Bse 38.47 +0.15 38.97 45.90 251K 500K 37.44
Buy Not Hit.
FSL 09/07 Cup hdl 37.06 +6.31 30.94 35.95 38M 3.5M 29.75
Buy Not Issued. Gapped higher on word that it might go private.
GDI 09/05 DB hdl 33.07 -3.45 38.35 44.00 971K 1.1M 36.45
Buy Not Hit. Stock has not made the move we were looking for so will drop.
HYSL 09/05 Rv H&S 34.15 +0.52 33.90 38.90 477K 1.1M 33.00
Current. Nice move up the 10 day MVA on low volume. Moving up after testing the 18 day MVA.
IGT 09/07 Asc Bse 38.51 -0.16 39.35 45.50 1.9M 2.3M 37.45
Buy Not Hit.
LVS 09/09 PreAnn 69.23 -0.03 70.05 80.00 1.6M 3.4M 67.40
Buy Not Hit. Tested the 18 day MVA intraday and rallied back showing a doji on low volume. Still in the pattern. Looking for the breakaway move.
MOLX 08/28 Cup hdl 36.36 -0.24 36.72 40.95 490K 550K 36.25
Current. Pullback holding the 10 day MVA on below average volume. Typical pullback.
MOLX 08/10 Test 50 36.36 -0.24 34.72 40.95 490K 625K 36.44
Current.
MTW 08/31 DB hdl 42.62 -1.70 44.58 52.95 877K 1.2M 42.65
Buy Not Issued. Stock has not performed so will drop.
NVDA 09/05 Test BO 28.13 +0.43 27.85 32.95 9.9M 10M 26.38
Current. Bounced off the 18 day MVA for a nice gain on rising volume. Moving up on stronger volume after typical pullback.
NVDA 08/23 Test BO 28.13 +0.43 26.58 31.00 9.9M 10M 28.32
Current.
NVDA 08/08 Test 20 28.13 +0.43 25.45 31.00 9.9M 12M 28.32
Current.
PCU 09/02 PreAnn 88.12 -6.08 95.25 105.00 2.4M 1.7M 92.55
Buy Not Issued. Stock has not performed so will drop.
PLMD 08/28 Cup hdl 40.88 +0.11 39.68 45.75 128K 423K 39.78
PSYS 09/07 Cup hdl 32.26 -0.70 33.05 38.00 801K 966K 31.50
Buy Not Issued. Pullback tapping 31.72 at the intraday low and rallied back holding the 10 day MVA on lower, but strong volume. Still forming the handle.
QSII 08/30 Test BO 40.48 +0.05 41.29 46.70 143K 425K 39.31
Current. Moving up on low volume after typical pullback.
QSII 08/09 Test BO 40.48 +0.05 37.45 45.00 143K 500K 39.31
Current.
SHOO 08/03 Cup hdl 36.10 -1.30 34.85 41.50 433K 584K 36.55
Trailing Stop. Took the rest of the money off the table as stock made a pullback on stronger above average volume.
SPIL 08/30 DB hdl 6.15 -0.03 6.15 7.40 3.1M 1.6M 5.95
Current.
SRCL 09/02 PreAnn 65.39 +0.09 65.62 76.75 108K 381K 64.65
Buy Not Issued.
THQI 09/09 DB hdl 27.17 +0.22 27.44 31.75 1M 2.1M 25.65
Buy Not Hit.
TRMB 08/30 Test 50 47.84 -0.25 49.25 57.50 306K 625K 47.85
Buy Not Hit. More volatile session testing the 50 day MVA intraday and rallied back on rising volume. Still in the pattern.
VAR 08/29 DB hdl 52.09 -0.54 53.15 59.95 552K 1.5M 51.95
Buy Not Issued.
VIP 08/21 Cup hdl 58.02 -1.88 50.88 58.50 1.4M 1.2M 58.95
Current. Pullback on lower, but strong volume. Still in good shape.
WST 09/09 PreAnn 40.87 +0.91 40.90 46.90 176K 350K 39.31
Entered today.
WYNN 08/29 PreAnn 77.09 +0.06 78.38 88.00 1.5M 1.2M 75.68
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ATW 09/09 Put 41.35 -2.32 43.00 40.65 676K 385K 41.65
Great move down the 10 day MVA on strong volume.
CRI 08/24 Put 23.38 -0.31 21.84 19.80 515K 850K 22.55
Current. Gapped down holding the 10 day MVA. Still in downtrend.
EXPD 08/24 Put 40.74 +1.48 38.88 36.55 1.6M 2.2M 39.35
Exited.
ISLE 09/07 Put 21.51 +0.20 20.88 18.85 357K 475K 21.32
Buy Not Issued. Tapped 21.80 at the intraday high, but faded back on rising, but average volume. May test up to resistance at 22.
RS 09/09 Put 29.81 -1.69 30.95 29.40 754K 1.2M 30.15
Nice move down the 10 day MVA on rising volume.
TTC 09/06 Put 40.20 -0.21 39.21 37.79 308K 445K 39.90
Current. Broke through the 18 day MVA intraday, but faded back showing a doji on the 18 day MVA on rising volume on rising volume. Still in downtrend.
XPRSA 09/06 Put 20.16 +0.19 19.23 17.70 292K 245K 20.48
Entered today. Great drop early that we moved in on lonely to see it rebound and close just above the 200 day MVA (20.08) on rising above average volume. Well give it the 10 day MVA (20.32) to see if it will stall it, but not the move we wanted.
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.
|
us stock market
stock split
|
