|
|
stock split, stock recommendation
Begin part 2 of 2
Full report issues Thursday
THE PLAYS:
Good movers: AAPL; MOLX; CTSH; PLMD; VIP
New Plays:
Pre-Announcement Play:
Play Date: 09/13/2006
GILD (Gilead Sciences--$63.70; -0.14; optionable): Biotechnology
http://biz.yahoo.com/p/g/gild.html
STATUS: Cup w/handle. Taking another look at GILD as it forms the handle to its 5 month base that formed using the 200 day SMA on the lows and just last week used the 50 day EMA (61.92) on the low as the shakeout and support for the handle. Solid leader that is setting up to make the next move, bunching up below resistance at 64 after that quick test at the 50 day EMA. Waiting for volume to run up as GILD moves through the buy point.
Volume: 2.381M Avg Volume: 3.649M
BUY POINT: $64.88 Volume=5.5M Target=$72.99 Stop=$62.68
POSITION: GDQ AM - Jan. $65c (52 delta) &/or Stock
http://www.investmenthouse.com/cs/gild.html
New Leader Play:
Play Date: 09/13/2006
WFR (Memc Electronic--$39.70; +2.03; optionable): Semiconductor integrated circuits
http://biz.yahoo.com/p/w/wfr.html
STATUS: Reverse head and shoulders. Strong volume Wednesday as WFR gapped higher and moved toward the breakout from its 4 month base formed using the 200 day SMA as support on the low. A solid leader with strong fundamentals to go along with a solid technical pattern.
Volume: 7.903M Avg Volume: 4.144M
BUY POINT: $40.05 Volume=5M Target=$47.95 Stop=$37.95
POSITION: WFR AH - Jan. $40c (52 delta) &/or Stock
http://www.investmenthouse.com/cs/wfr.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 74.20 +1.57 71.72 79.95 41M 29M 71.05
Current. The nice move up the 10 day MVA we were looking for on strong volume.
AAPL 08/21 Cup hdl 74.20 +1.57 68.12 78.00 41M 40M 71.05
Current.
AEOS 08/10 Cup hdl 42.70 +0.56 35.46 42.45 2.3M 2.5M 41.48
Current. Continue with the uptrend on below average volume.
ASMI 08/26 Cup hdl 17.85 +0.14 17.75 21.21 202K 285K 17.38
Current. Moving up after testing the 18 day MVA.
CERN 08/23 DB hdl 47.74 +1.10 46.58 53.55 619K 1.4M 44.62
Buy Not Issued. Continue to move up over the buy point on low volume. Will drop for now and let test back.
CPRT 09/12 PreAnn 28.89 +0.02 29.04 33.95 214K 325K 27.57
Buy Not Hit.
CRM 09/12 Cup hdl 35.22 +0.10 35.55 41.95 1.3M 3M 33.65
Buy Not Issued. Need to see a clear and decisive move on strong volume.
CTRP 08/26 Cup 48.77 -2.38 51.65 57.89 1.5M 601K 51.11
Current.
CTSH 08/19 PreAnn 73.28 +1.58 72.22 79.00 2M 1.8M 71.00
Another nice move up the 10 day MVA on strong volume surge. Came off the day's high of 74.21.
CVD 09/08 Asc Bse 66.26 +0.81 64.17 71.98 593K 732K 65.00
Current. Tapped 64.84 at the intraday low and rallied back on strong volume. Moving up after testing the 50 day MVA.
CWTR 09/09 Cup hdl 28.84 +0.11 28.66 34.45 1.2M 2.3M 27.41
Current.
CXW 09/07 PreSplt 65.80 -1.55 64.95 70.00 374K 400K 66.21
Trailing Stop. Given it was a pre-split we went ahead and took the
option gain and will look for it to test and set back up.
DE 09/09 PreAnn 81.26 +0.16 82.78 93.00 2.7M 4M 79.95
Buy Not Hit. Still in the pattern.
DIOD 09/09 Asc Bse 40.39 -0.47 39.64 46.32 526K 500K 38.11
Current.
GIL 09/12 PreAnn 50.12 -0.40 50.88 58.50 94K 210K 48.84
Buy Not Hit.
HYSL 09/05 Rv H&S 34.76 -0.83 33.90 38.90 608K 1.1M 34.48
Current. Ease back on low volume. Typical pullback.
IGT 09/07 Asc Bse 39.30 +0.05 39.35 45.50 2.6M 2.3M 37.45
Buy Not Issued.
LVS 09/09 PreAnn 68.81 -3.33 70.25 80.00 3.4M 3.4M 69.95
Current. Gave back yesterday's gain on stronger above average volume testing the 18 day MVA intraday. May continue to test back to 18 day MVA (68.34)
MOLX 08/28 Cup hdl 38.01 +1.06 36.72 40.95 997K 550K 36.75
Current. Gapped up for a great move on strong volume surge. Next leg up after routine pullback.
MOLX 08/10 Test 50 38.01 +1.06 34.72 40.95 997K 625K 36.75
Current.
NVDA 09/05 Test BO 29.10 +0.23 27.85 32.95 7.9M 10M 26.38
Current.
NVDA 08/23 Test BO 29.10 +0.23 26.58 31.00 7.9M 10M 28.32
Current.
NVDA 08/08 Test 20 29.10 +0.23 25.45 31.00 7.9M 12M 28.32
Current.
PLMD 08/28 Cup hdl 42.02 +0.87 42.05 47.87 1.2M 423K 40.39
Entered today. Gapped down to open on the 18 day MVA and exploded higher for a great move on excellent volume surge.
QLGC 09/12 Cup 19.17 +0.02 19.28 21.75 1.6M 2.8M 18.52
Buy Not Issued.
QSII 08/30 Test BO 40.68 -0.12 41.29 46.70 157K 425K 39.65
Current. Moving up after routine pullback.
QSII 08/09 Test BO 40.68 -0.12 37.45 45.00 157K 500K 39.65
Current.
SPIL 08/30 DB hdl 6.20 -0.05 6.15 7.40 2.3M 1.6M 5.95
Current.
SRCL 09/02 PreAnn 67.56 +1.12 65.62 76.75 157K 381K 64.65
Buy Not Issued.
THQI 09/09 DB hdl 28.55 +0.91 27.44 31.75 2.1M 2.1M 25.65
Buy Not Issued. Rallied on low volume on Monday and then took off today and got away from us. Will drop and let test back. Still a good stock and will continue to look at Did not want to chase stock given the market is now up 4 days in a row and at key resistance.
TRMB 08/30 Test 50 48.55 +0.24 49.25 57.50 177K 625K 47.85
Buy Not Hit. Moving up on low volume after testing the 50 day MVA.
VAR 08/29 DB hdl 53.88 +0.30 53.15 59.95 532K 1.5M 51.95
Buy Not Issued.
VIP 08/21 Cup hdl 61.02 +1.37 50.88 58.50 726K 1.2M 59.00
Current. Broke through some resistance at 60 for a nice move on low volume.
WBSN 09/12 Test 50 22.55 +0.15 22.84 25.95 1.5M 850K 21.24
Entered today.
WEBX 09/11 Test BO 38.49 0.00 37.44 42.88 663K 600K 36.55
Current. May be ready to take a breather after such a nice run.
WST 09/09 PreAnn 41.97 +0.08 40.90 46.90 182K 350K 40.55
Current.
WYNN 08/29 PreAnn 73.91 -2.22 78.38 88.00 3.5M 1.2M 75.68
Current.
XRAY 09/11 Test 50 31.67 -0.56 32.45 36.50 1.3M 740K 31.55
Buy Not Hit. Stock has not made the move we were looking for so will drop.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
ISLE 09/07 Put 21.49 -0.57 22.54 19.50 342K 475K 22.89
Buy Not Issued. Nice moved down on rising volume to hold the 18 day MVA.
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
|
