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us stock market, stock recommendation
Begin part 2 of 2
Full report issues Tuesday.
THE PLAYS:
Good movers: BRCM; LRCX; NVLS; SMSC; SPIL; SUPX; UARM; VSEA
New Plays:
Post-Splits:
Play Date: 11/20/2006
AMX (America Movil--$45.08; +1.91; optionable): Wireless telecom, Latin America
http://biz.yahoo.com/p/a/amx.html
STATUS: Ascending base. Made us some money on its prior run from September to October after breakout out from a reverse head and shoulders base. Nice run to 44 and then consolidated the run with the recent 4 week ascending pattern over the 18 day EMA (43.19), refusing to give up its gains. Monday it found its new legs and broke higher through the resistance at 44 on a strong shot of above average volume. Moving to a new high and ready to move in as it continues the break.
Volume: 5.397M Avg Volume: 3.876M
BUY POINT: $45.32 Volume=4M Target=$53.95 Stop=$42.95
POSITION: AMX BI - Feb. $45c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/amx.html
Leader:
Play Date: 11/20/2006
AMT (American Tower--$37.60; -0.02; optionable): Cell towers
http://biz.yahoo.com/p/a/amt.html
STATUS: Double bottom w/handle. AMT has set up a short and sweet 5 week base on top of the 50 day EMA (36.51), using this base to consolidate the September breakout from a 4 month cup with handle base. Very nice handle has formed, setting it up for the break to a 5 year high.
Volume: 2.336M Avg Volume: 2.27M
BUY POINT: $38.12 Volume=3.4M Target=$43.95 Stop=$36.95
POSITION: AMT DU - Apr. $37.50c (55 delta) &/or Stock
http://www.investmenthouse.com/cs/amt.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 10/12 DB hdl 86.47 +0.62 75.55 88.00 20M 32M 83.95
AAPL 08/21 Cup hdl 86.47 +0.62 68.12 78.00 20M 40M 83.95
Current. Continue to trend higher on rising volume.
ADS 10/26 Test BO 63.70 -1.13 61.17 69.95 733K 1.3M 62.42
Current. Routine pullback on low volume.
AEOS 11/11 FlyPlat 48.29 +0.96 48.23 55.65 2.3M 3.2M 46.57
Current. Bounced off the 10 day MVA for a nice gain on low volume. Moving up after testing the 18 day MVA.
AKAM 11/11 DB hdl 50.37 +1.12 50.75 60.95 5.7M 7.5M 48.21
Buy Not Issued.
AKAM 10/21 Test 50 50.37 +1.12 47.20 55.95 5.7M 7M 48.04
Current. Nice move off the 10 day MVA on much stronger, but average volume. Moving up after testing the simple 50 day MVA.
ANSS 11/09 Cup hdl 48.02 -0.02 50.90 58.95 520K 355K 48.58
Exited. Not moving so exited.
ATVI 11/04 PreAnn 16.61 +0.33 16.40 19.65 3.8M 5M 15.97
Current.
BBY 11/16 Rev HS 54.63 -0.37 55.45 63.95 3.4M 5M 52.95
Buy Not Hit. Ease back holding just above the simple 50 day MVA on low volume. Still in the pattern.
BIDU 11/07 Asc Bse 110.21 +0.45 91.15 101.95 2.1M 2M 106.95
Current.
BRCM 11/18 Test 20 37.00 +2.01 35.42 41.95 25M 20M 34.15
Entered today. Explosive move on excellent volume surge.
BRCM 09/25 Test 50 37.00 +2.01 30.96 35.68 25M 17M 35.55
Current.
CBG 11/06 Test BO 31.40 -0.30 29.65 35.95 2.6M 2.4M 30.89
Current. Gapped up at the open, but gave it back on average volume. Looking for stock to rebound off the 10 day MVA (31.20)
CERN 11/02 Rev HS 48.75 -0.32 49.50 56.95 289K 600K 47.95
Current. Ease back showing a doji on the 18 day MVA on low volume. Looking for a rebound from here.
CLDN 11/17 DB hdl 20.30 -0.05 20.68 24.95 174K 502K 19.23
Buy Not Hit.
CMTL 11/07 Cup hdl 36.28 -0.08 37.38 44.95 117K 275K 35.95
Current.
COH 09/25 Test BO 41.80 -0.24 35.05 40.48 4M 5M 40.75
Current. Typical pullback on average volume. Still in good shape.
CRM 11/06 Cup hdl 41.53 -0.19 42.40 49.95 1.8M 3M 41.95
Current. Gapped down at the open and rallied back to hold the 18 day MVA on rising volume. Should be ready to bounced from here.
CTRP 10/28 Test 50 56.10 +0.10 51.00 61.45 542K 577K 57.32
Current. Moving up on slightly above average volume after testing the breakout.
CTSH 11/02 Test 50 80.08 -0.02 76.60 87.95 1.4M 2M 77.48
Current.
CWTR 11/14 Rev HS 30.34 +0.09 30.54 36.69 1.9M 1.8M 28.92
Current.
CXW 10/18 Test 18 46.26 -0.22 47.60 55.75 290K 600K 45.95
Current. Ease back holding the 18 day MVA on low volume. Typical pullback. Should be ready to rebound from here.
DRIV 09/23 Test BO 58.98 -0.52 51.65 58.48 621K 1.1M 57.55
Current. Ease back on low volume holding the 10 day MVA Meeting some new resistance at 60
EAT 11/14 PreSplt 46.36 -0.10 47.05 55.95 390K 1.4M 45.38
Buy Not Issued.
FFIV 10/13 DB hdl 72.70 +0.89 58.00 69.95 633K 1.5M 70.55
Current. Continue to trend higher on rising volume.
GES 10/28 FlyPlat 62.10 -0.34 56.78 65.45 562K 850K 62.75
Current.
GLDN 11/10 Test BO 39.34 +0.37 39.30 46.32 132K 245K 37.98
Current. Bounced on rising volume. Meeting some new resistance at 39.50. Waiting to make next leg up.
GME 10/21 Test BO 51.16 -0.58 53.00 60.45 2.8M 1.7M 50.55
Current. Gapped up at the open, but reversed on strong volume surge holding below the 18 day MVA. May test back to 50 day MVA (50) then rebound.
GYMB 11/11 FlyPlat 42.19 -2.13 47.92 56.95 1.7M 1.5M 46.32
Current. Fell through the 50 day EMA (43.42) but held some support
at 42. Giving it a day to hold and rebound back through
this key level.
HET 11/17 Cup hdl 76.15 +0.29 76.38 85.45 1.8M 3M 74.42
Buy Not Hit. Still forming the handle.
HIBB 11/15 Cup hdl 32.11 -0.70 30.31 35.95 757K 350K 28.57
Buy Not Issued.
ICE 10/19 Test 18 97.68 -3.52 83.64 94.95 5.6M 2.4M 97.45
Current. Pullback on much lower, but strong volume. May test back to support at 95 before rebounding.
JCOM 11/14 Cup hdl 28.50 +0.39 28.35 32.95 433K 735K 26.95
Buy Not Issued.
JCP 09/26 Asc Tri 80.74 +0.64 70.05 79.95 2.4M 4M 79.00
Current. Meeting some resistance at 80.
LH 10/21 Test 50 68.88 -0.72 68.80 78.75 1.1M 1.5M 68.21
Current. Pullback holding the 10 day MVA on rising, but average volume. Testing the breakout. Looking for a rebound off the (68.40)
LRCX 11/18 Test BO 56.60 +2.26 54.55 62.95 4.6M 4.8M 54.21
Entered today. Excellent move on stronger above average volume making a 52 week high.
LRCX 10/21 Test BO 56.60 +2.26 50.00 57.98 4.6M 4M 54.78
Current.
LTD 10/03 Cup hdl 30.67 -0.13 28.40 32.95 2.2M 3.1M 30.98
Current.
LVS 10/28 Cup hdl 89.90 -0.75 76.60 88.95 2.1M 3.1M 89.95
Current. Routine pullback on low volume. Still in uptrend.
MA 11/11 Test BO 96.19 +1.40 94.25 104.95 2.2M 3M 93.75
Current. Continue to trend higher on low volume.
MTW 11/02 Test BO 56.95 +1.44 55.50 66.48 980K 1.3M 54.69
Current.
NBL 11/04 Cup hdl 49.24 +0.09 50.55 57.85 1.1M 1.7M 48.75
Current.
NTGR 11/04 Test BO 26.23 +0.77 26.68 31.89 606K 750K 26.24
Current. Bounced on low volume holding below the 10 day MVA on average volume. Moving up after filling the gap of late October.
NVEC 11/11 Test BO 40.15 -0.59 42.75 51.95 355K 1.1M 39.43
Current. Showing a doji on the 18 day MVA on low volume. Looking for a rebound from here.
NVLS 11/18 Test BO 33.10 +2.37 31.80 37.98 13M 3.9M 31.54
Entered today.
OTEX 11/17 Test BO 20.06 -0.17 20.48 24.65 228K 388K 19.31
Buy Not Hit. Pullback on rising, but below average volume. Still in the pattern.
PLCE 10/11 Cup hdl 66.73 +0.44 66.56 76.75 485K 922K 68.31
Current. Bounced off the 50 day MVA on low volume. Looking for stock to continue to rebound from here.
PLCE 09/14 Test 20 66.73 +0.44 59.85 68.00 485K 800K 67.45
Current.
PMTI 10/31 Test BO 50.62 -0.27 49.24 58.88 237K 575K 49.95
Current. Routine pullback on low volume.
QLGC 10/30 Test BO 22.19 +0.18 20.65 24.65 3.4M 3M 21.38
Current. Continue to trend higher on stronger above average volume.
RJF 10/30 Test BO 32.81 -0.21 31.92 37.75 286K 646K 32.38
Current.
SAY 11/13 Cup hdl 22.75 +0.16 22.84 27.45 870K 1.1M 21.54
Buy Not Issued. Gapped up at the open, but gave some of it back on rising volume. Looking for the breakaway move on strong volume.
SEIC 11/04 Test 50 59.66 +0.24 56.88 64.95 287K 850K 58.95
Current. Continue to trend higher on low volume.
SMSC 11/18 Test BO 32.72 +0.79 32.63 37.95 190K 450K 31.35
Entered today. Nice bounce off the 10 day MVA on much stronger, but average volume.
SMSC 10/03 Cup hdl 32.72 +0.79 29.21 34.75 190K 504K 31.89
Current.
SMSC 09/16 Cup hdl 32.72 +0.79 30.05 34.75 190K 504K 31.89
Current.
SMSI 11/15 Test 50 16.94 -0.01 17.11 20.55 548K 165K 15.91
Buy Not Issued. Tested the 10 day MVA intraday and rallied back showing a doji on rising volume. Making a lateral move here. Still in the pattern.
SPIL 10/31 Cup hdl 7.46 +0.16 6.54 7.95 2.5M 1.8M 7.18
Current. Gapped up at the open showing a tight doji on stronger above average volume making a nice gain. Filled the gap intraday.
STLD 10/31 Cup hdl 61.83 +1.74 61.68 72.45 1.9M 2.1M 59.95
Buy Not Issued.
STT 10/26 PreAnn 64.25 +0.38 64.48 72.95 1.2M 1.5M 62.48
Buy Not Issued.
SUPX 11/18 Asc Bse 47.82 +1.77 46.65 54.85 672K 445K 45.95
Entered today. Great move on excellent volume surge.
THQI 11/08 Test 50 30.87 +0.45 31.38 37.72 956K 2M 29.69
Buy Not Issued. Still in the pattern.
UARM 11/14 Test 50 47.59 +1.04 46.69 53.95 908K 1.3M 45.68
Current. Tested the 18 day MVA and rallied back for a nice gain on rising volume. Moving up after testing the 50 day MVA.
VSEA 11/11 Test 50 42.00 +1.14 39.55 44.88 1M 1.2M 39.95
Current. Nice move up the 10 day MVA on much stronger volume. Continue with the uptrend.
WBSN 11/13 Cup hdl 27.00 -0.53 28.22 33.95 469K 1M 26.78
Buy Not Hit. Pullback on rising volume holding just above the 18 day MVA. Still forming the handle
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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