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stock split, stock recommendation
Begin part 2 of 2
Full report issues Thursday
THE PLAYS:
New Plays:
New Pre-Split Play:
Play Date: 11/01/2006
RDY (Dr. Reddys Labs--$16.72; -0.08; optionable): Drugs
http://biz.yahoo.com/p/r/rdy.html
STATUS: Test breakout. RDY split in early September but could not get any momentum out of the pre-split run. It continued on laterally through September and into October, then gapped higher last week on some strong earnings. Solid 6 month base, nice break higher, great test. Excellent 7 to 3 accumulation in the base (7 up weeks on rising volume versus 3 down price weeks on rising volume) shows plenty of buying to set up the run to a new all-time high.
Volume: 423.5K Avg Volume: 270.329K
BUY POINT: $17.17 Volume=450K Target=$20.65 Stop=$16.21
POSITION: RDY CW - Mar. $17.50c (51 delta) &/or Stock
http://www.investmenthouse.com/cs/rdy.html
Leader Play:
Play Date: 11/01/2006
GLDN (Golden Telecom--$36.35; -0.66; optionable): Russian wireless telecom
http://biz.yahoo.com/p/g/gldn.html
STATUS: Breakout test. GLDN is testing the 18 day EMA (36.14), coming back on lower volume to test the early October breakout from a 21 week cup with handle base. The move took GLDN to a 5 year high (it came public 6 years back) and now it is coming back to test along with the market. Looking for it to hold near this near support level and rebound on rising trade.
Volume: 221.164K Avg Volume: 89.721K
BUY POINT: $37.22 Volume=245K Target=$44.45 Stop=$35.88
POSITION: QDV CG - Mar. $35c (58 delta, no OI) &/or Stock
http://www.investmenthouse.com/cs/gldn.html
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
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http://stocksplits.net/ssr/table.php
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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 10/12 DB hdl 79.16 -1.92 75.55 88.00 22M 32M 79.08
AAPL 08/21 Cup hdl 79.16 -1.92 68.12 78.00 22M 40M 78.35
Current. Pullback testing the 18 day MVA intraday and rallied back on rising, but below average volume. May continue to test to the 18 day MVA (78.36)
ADBE 10/12 FlyPlat 37.76 -0.49 38.74 46.75 4.1M 8M 37.88
Exited.
ADS 10/26 Test BO 60.27 -0.45 61.11 69.95 2.2M 1.3M 58.38
Buy Not Hit. Pullback tapping 57.35 at the intraday low and made a fierce rally back holding above the 10 day MVA on strong volume surge. Showing strength coming off the day's low. Still in the pattern.
AGN 10/17 Cup hdl 112.64 -2.86 116.88 124.95 1.6M 1.2M 114.89
Buy Not Issued. Stock has not performed so will drop.
AKAM 10/21 Test 50 46.47 -0.39 47.20 55.95 4M 7M 47.45
Current. Gapped up at the open, but gave it back on low volume. Looking for stock to continue to rebound off the 50 day MVA (46.15)
ANN 10/12 PreAnn 41.91 -2.11 43.40 50.95 3.5M 2.8M 42.98
Exited.
APH 09/16 PreAnn 65.32 -2.58 61.24 69.95 664K 575K 67.95
Trailing Stop.
BBY 10/03 Cup hdl 54.02 -1.23 56.64 64.95 3.6M 8.3M 56.64
Current. Pullback on lower below average volume holding at support below the 18 day MVA. May test back to 50 day MVA (53.65)
BLUD 10/28 Test BO 26.94 -0.59 27.74 32.65 939K 1.1M 26.32
Current.
BRCM 09/25 Test 50 29.43 -0.84 30.96 35.68 13M 17M 29.32
Current. Pullback testing the 10 day MVA intraday and rallied back on low volume. Still in good shape. Should rebound from 10 day MVA (29.25)
BWS 09/21 Cup 37.98 -0.98 35.56 40.88 206K 296K 38.55
Current. Pullback holding the 18 day MVA on average volume. Testing the breakout. Should rebound from here.
CMTL 10/17 Cup 34.47 -1.18 36.65 43.98 133K 395K 34.98
Buy Not Issued. The stock has not performed so will drop.
COGO 10/14 Cup hdl 16.40 -0.48 16.00 19.25 1.3M 1M 15.55
Current.
COH 09/25 Test BO 39.65 +0.01 35.05 40.48 3.1M 5M 38.45
Current. Beginning to consolidate on below average volume. Meeting some new resistance at 40
CTRP 10/28 Test 50 47.39 -1.61 50.55 60.50 320K 577K 48.21
Buy Not Hit. Pullback below the 50 day MVA on rising volume holding at some support. Still in the pattern.
CWTR 09/09 Cup hdl 29.21 -1.28 28.66 34.45 1.2M 2.3M 29.52
Trailing Stop.
CXW 10/18 Test 18 45.01 -0.68 46.48 54.85 343K 600K 44.78
Buy Not Issued. Pullback tapping 44.50 at the intraday low and rallied back on below average volume. Filling the gap from the first of October's gap. Looking for a rebound off the simple 50 day MVA (44)
DIOD 10/23 Test BO 41.05 -2.99 44.55 52.95 1M 699K 42.38
Buy Not Hit. The stock has not made the move we were looking for so will drop.
DRIV 09/23 Test BO 56.38 -1.47 51.65 58.48 1.4M 1.1M 55.95
Current. Pullback on lower, but above average volume. Still in uptrend.
FCFS 10/30 Rev HS 21.21 -0.40 22.48 26.95 315K 450K 21.35
Buy Not Hit.
FFIV 10/13 DB hdl 64.70 -1.49 58.00 69.95 901K 1.5M 63.95
Current. Pullback on rising volume. Still in uptrend.
GES 10/28 FlyPlat 56.63 -0.32 56.78 65.45 1.1M 850K 54.38
Current.
GME 10/21 Test BO 50.09 -0.97 52.21 60.45 825K 1.7M 50.22
Buy Not Issued. Ease back on low volume holding the 18 day MVA. Still in the pattern.
GRMN 10/31 Test BO 44.98 -8.43 54.11 63.45 27M 4M 51.88
Buy Not Hit. The stock has not performed so will drop.
GRMN 09/27 Dbl btm 44.98 -8.43 48.70 54.97 27M 5M 52.72
Exited.
GYMB 10/18 Test BO 45.11 -1.35 46.35 52.95 1.1M 1.6M 46.24
Exited.
GYMB 09/19 Cup hdl 45.11 -1.35 37.52 44.68 1.1M 1.4M 44.87
Current. Pullback holding below the 18 day MVA on slightly above average volume. May test back to support at 44.
HOLX 10/10 Dbl btm 47.45 -0.70 48.40 55.95 641K 1.1M 47.55
Exited.
ICE 10/19 Test 18 84.90 +0.48 83.64 94.95 2.3M 2.4M 81.82
Current. Moving up after testing the 18 day MVA. Came off the day's high of 87.44.
JCOM 10/10 Cup hdl 27.14 -0.30 28.47 33.48 348K 1.1M 27.31
Current. Pullback tapping 26.93 at the intraday low and rallied back on rising volume. Still in good shape.
JCP 09/26 Asc Tri 75.13 -0.10 70.05 79.95 3.1M 4M 75.38
Current. Pullback tapping 73.92 at the intraday low and rallied back holding just below the 10 day MVA on slightly above average volume. Showing strength coming off the day's low. Looking for a rebound from here.
LEH 09/21 Cup hdl 74.66 -3.18 72.64 83.00 4.8M 5.6M 77.31
Trailing Stop.
LH 10/21 Test 50 67.30 -1.19 68.80 78.75 1.2M 1.5M 67.22
Current. Pullback holding the simple 50 day MVA on rising, but average volume. Looking for a rebound off the 50 day MVA (67)
LTD 10/03 Cup hdl 28.81 -0.66 28.40 32.95 1.7M 3.1M 28.85
Current.
LVS 10/28 Cup hdl 76.32 +0.12 76.60 88.95 1.7M 3.1M 74.45
Current. Moving up on rising volume after testing the 18 day MVA
MINI 10/09 Dbl btm 30.20 -1.97 30.95 36.50 430K 300K 31.38
Exited.
MYE 10/14 Cup hdl 17.43 -0.69 17.79 21.15 180K 200K 17.94
Trailing Stop.
NICE 10/26 Test BO 30.44 -0.33 30.68 35.95 794K 300K 29.62
Current. Gapped up at the open, but gave it back holding the 10 day MVA on strong volume surge. May continue to test back to 18 day MVA (30.15)
NIHD 10/07 Test BO 63.53 -1.50 64.55 74.45 1.7M 2.4M 62.39
Buy Not Issued. The stock has not performed so will drop
NUE 10/30 Test BO 57.32 -1.09 58.30 67.95 4M 4.5M 56.94
Current. Testing the breakout. Came off the day's high of 59.37 showing a doji on the 10 day MVA on rising volume. Stock should hold here.
NVDA 10/03 Test 50 32.18 -2.69 28.26 32.50 20M 17M 32.32
Trailing Stop.
PLCE 10/11 Cup hdl 67.87 -2.32 66.56 76.75 848K 922K 68.31
Current. Pullback on much stronger above average volume managing to hold the 18 day MVA. Will see if stock holds here.
PLCE 09/14 Test 20 67.87 -2.32 59.85 68.00 848K 800K 67.45
Current.
PMTI 10/31 Test BO 46.11 -0.98 47.78 56.95 360K 575K 45.95
Buy Not Hit. Ease back on low volume. Still in the pattern.
QLGC 10/30 Test BO 20.16 -0.42 20.64 24.65 2M 3M 19.88
Buy Not Issued. Pullback holding the 10 day MVA on low volume. Filling the gap from last week's breakout. May test back to 18 day MVA (20)
RJF 10/30 Test BO 30.92 -0.94 31.92 37.75 333K 646K 30.99
Current.
RSTI 10/26 Test BO 60.03 -1.55 63.25 72.75 110K 190K 60.95
Buy Not Hit. Pullback on low volume holding at support below the 18 day MVA . Looking for a rebound off the 50 day MVA (58.56)
SMSC 10/03 Cup hdl 29.66 -1.17 29.21 34.75 146K 504K 31.22
Current. Gapped down and continued to move down below the 18 day MVA on low volume. Looking for a rebound off the 50 day MVA (29)
SMSC 09/16 Cup hdl 29.66 -1.17 30.05 34.75 146K 504K 31.22
Current.
SPIL 10/31 Cup hdl 6.17 -0.27 6.54 7.95 3.5M 1.8M 6.09
Buy Not Hit. Pullback testing the 50 day MVA intraday and rallied back on stronger above average volume. Looking for a rebound off the 50 day MVA (6.12)
STLD 10/31 Cup hdl 59.49 -0.62 62.22 72.45 1.2M 2.1M 59.95
Buy Not Hit.
STT 10/26 PreAnn 63.86 -0.37 64.48 72.95 1.5M 1.5M 62.48
Buy Not Hit.
TECH 10/24 Test 20 55.33 -0.55 55.57 63.95 177K 300K 53.95
Buy Not Issued.
UARM 10/19 Test BO 46.73 +0.38 45.85 54.95 1.2M 1M 45.95
Current. Moving up on above average volume after testing the 18 day MVA.
YUM 09/30 PreAnn 59.49 +0.03 53.85 60.95 1.6M 2.4M 58.89
Current.
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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stock split
stock recommendation
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