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stock split, stock recommendation
Begin part 2 of 2
THE PLAYS:
New Plays:
New Post-Split Plays:
Play Date: 11/27/2006
CELG (Celgene--$54.35; -0.80; optionable): Biotechnology
http://biz.yahoo.com/p/c/celg.html
STATUS: Test 18 day EMA. CELG broke out from a 15 week base in late October and was starting to test when it was announced as a new SP500 company. That gapped it higher from there. It continued up the 10 day EMA (54.92) until the past week. Now it is testing, coming back to the 18 day EMA (53.88) on low, below average volume. It tapped that level Monday and rebounded modestly to close. Very nice test of a very nice breakout and run, setting up for the next run higher.
Volume: 3.006M Avg Volume: 4.16M
BUY POINT: $55.48 Volume=4.4M Target=$63.95 Stop=$53.69
POSITION: LQH DK - Apr. $55c (56 delta) &/or Stock
http://www.investmenthouse.com/cs/celg.html
Leader:
New buy point on current position:
Play Date: 11/27/2006
ADS (Alliance Data--$62.92; -1.24; optionable): Credit services
http://biz.yahoo.com/p/a/ads.html
STATUS: Test 18 day EMA. ADS sold back Monday as well, continuing a 3 day pullback. Volume remained well below average, unlike the indices and many stocks. It tapped the 18 day EMA (62.57) on the low and bounced modestly, setting up well for the next run higher. Solid stock that is proving to be a leader in this market. Looking to move in after it makes this test.
Volume: 607.8K Avg Volume: 892.374K
BUY POINT: $63.55 Volume=950K Target=$72.95 Stop=$62.35
POSITION: ADS CL - Mar. $60c (68 delta) &/or Stock
http://www.investmenthouse.com/cs/ads.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 89.54 -2.09 75.55 88.00 38M 32M 87.45
AAPL 08/21 Cup hdl 89.54 -2.09 68.12 78.00 38M 40M 87.45
Current. Pullback on very strong volume surge holding well above the 10 day MVA. Still in good shape.
ADS 10/26 Test BO 62.92 -1.24 61.17 69.95 608K 1.3M 62.42
Current. Pullback testing the 18 day MVA intraday and rallied back on rising volume. Looking for a rebound from the 18 day MVA (62.60)
AEOS 11/11 FlyPlat 48.15 +0.61 48.23 55.65 4.7M 3.2M 46.98
Current. Bounced off the 10 day MVA on strong volume surge. Came off the day's high of 49.21. Meeting some new resistance at 49
AKAM 11/11 DB hdl 47.62 -2.83 50.81 60.95 5.2M 7.5M 48.04
Current. Pullback on much stronger volume managing to hold the 50 day MVA. Should hold here.
AKAM 10/21 Test 50 47.62 -2.83 47.20 55.95 5.2M 7M 48.04
Current.
AMT 11/20 DB hdl 37.40 -0.64 38.12 43.95 2.7M 3.4M 36.95
Buy Not Issued. Pullback testing the 50 day MVA intraday and rallied back to hold the 18 day MVA on strong volume surge. Still in the pattern. Showing strength coming off the day's low.
AMX 11/20 Asc Bse 42.97 -1.43 45.32 53.95 4.3M 4M 42.95
Buy Not Hit. Stock has not performed so will drop.
ATVI 11/04 PreAnn 16.40 -0.63 16.40 19.65 6.7M 5M 16.35
Current.
BBY 11/16 Rev HS 54.37 -0.71 55.63 63.95 7.7M 5M 54.05
Current. Pullback holding the 18 day MVA on stronger above average volume. Should hold at support at 54 and rebound.
BIDU 11/07 Asc Bse 106.85 -7.14 91.15 101.95 2.6M 2M 111.45
Current.
BRCM 11/18 Test 20 34.42 -1.42 35.42 41.95 15M 20M 34.15
Current. Gapped down and continued to move down holding the just above the 200 day MVA on rising volume. Testing the breakout. Looking for a rebound from 34(200 day MVA)
BRCM 09/25 Test 50 34.42 -1.42 30.96 35.68 15M 17M 35.55
Current.
CBG 11/06 Test BO 31.92 -0.69 29.65 35.95 4.3M 2.4M 31.57
Current. Tapped 34.14 at the intraday high, but gave it back holding the 10 day MVA on rising volume. Stock should hold here.
CERN 11/02 Rev HS 47.58 -0.62 49.50 56.95 816K 600K 47.95
Current. Pullback holding the 50 day MVA on stronger above average volume. Looking for stock to hold here and rebound.
CLDN 11/17 DB hdl 19.11 -0.71 20.68 24.95 306K 502K 19.23
Buy Not Hit. The stock has not made the move we were looking for so will drop.
CMTL 11/07 Cup hdl 35.46 -1.11 37.38 44.95 286K 275K 35.95
Current.
COH 09/25 Test BO 42.11 -0.67 35.05 40.48 5.9M 5M 41.05
Current. Gapped down tapping 41.52 at the intraday low and rallied back on stronger above average volume. Meeting some new resistance 42.50
CRM 11/06 Cup hdl 40.15 -1.01 42.40 49.95 906K 3M 41.95
Current. Pullback holding just above the simple 50 day MVA on rising volume. Looking for a rebound from support at 40 (simple 50 day MVA)
CTRP 11/18 Test BO 55.25 -1.60 56.72 67.95 290K 600K 54.95
Buy Not Issued. Pullback on rising volume. Still in the pattern. Looking for a bounce off 18 day MVA (54.20)
CTRP 10/28 Test 50 55.25 -1.60 51.00 61.45 290K 577K 57.32
Current.
CTSH 11/02 Test 50 77.70 -2.01 76.60 87.95 1.6M 2M 77.48
Current.
CWTR 11/14 Rev HS 26.50 -1.56 30.54 36.69 5.9M 1.8M 29.65
Exited.
CXW 10/18 Test 18 44.58 -1.65 47.60 55.75 702K 600K 45.95
Current. Stock fell below the 50 day MVA on rising volume. Looking for a rebound off support at 44.
DRIV 09/23 Test BO 57.70 -1.29 51.65 58.48 926K 1.1M 57.55
Trailing Stop.
EAT 11/14 PreSplt 44.33 -1.26 47.05 55.95 971K 1.4M 45.38
Buy Not Issued. Stock has not performed so will drop.
EMR 11/21 PreSplt 85.96 -3.04 89.38 99.95 1.8M 1.6M 87.45
Buy Not Issued. The stock has not performed so will drop.
FFIV 10/13 DB hdl 72.66 -0.45 58.00 69.95 1.7M 1.5M 71.88
Current. Gapped up at the open, but gave it back holding above the 10 day MVA on strong volume surge. Looking for a rebound off the 10 day MVA (72.25)
GES 10/28 FlyPlat 61.12 -2.53 56.78 65.45 850K 850K 62.75
Trailing Stop.
GLDN 11/10 Test BO 39.22 -0.89 39.30 46.32 223K 245K 38.88
Current. Pullback on much stronger volume. Looking for a rebound from the 18 day MVA (39)
GME 10/21 Test BO 55.01 -1.64 53.00 60.45 1.7M 1.7M 52.68
Current. Took some gain off the table Friday after three solid upside sessions. Monday it was giving some back on some above avg volume. Looks like a test back toward the 10 day MVA (53.77) as it continues stair stepping higher.
HET 11/17 Cup hdl 76.55 -0.75 76.38 85.45 1.6M 3M 74.42
Buy Not Issued. Pullback on rising volume holding above the 10 day MVA. Still forming the handle.
ICE 10/19 Test 18 100.62 -3.48 83.64 94.95 4.4M 2.4M 97.45
Current. Pullback testing the 10 day MVA intraday and rallied back on stronger above average volume. May test back to 10 day MVA (97.85). Still continues to move up after testing the 18 day MVA
JCOM 11/14 Cup hdl 27.73 -0.89 28.35 32.95 536K 735K 26.95
Buy Not Issued. Stock has not made the move we were looking for so will drop.
JCP 09/26 Asc Tri 79.19 -1.62 70.05 79.95 2.6M 4M 79.00
Current. Pullback holding the 18 day MVA on rising, but average volume. Testing after such a nice run.
LH 10/21 Test 50 69.61 +0.41 68.80 78.75 1.2M 1.5M 68.21
Current. Moving up on rising volume after testing the 18 day MVA.
LOW 11/21 Test 20 30.40 +0.40 31.38 35.95 9.4M 11M 29.95
Buy Not Hit. Upgraded and gapped higher, but only to the prior highs. It turned back down in the selling and though closing
positive, it also closed below the 200 day MA on rising,
above avg trade.
LRCX 11/18 Test BO 53.08 -2.56 54.55 62.95 3.5M 4.8M 54.21
Current. One of the leaders that managed to hold onto the 18
day EMA by a whisker. Needs to make a stand here.
LRCX 10/21 Test BO 53.08 -2.56 50.00 57.98 3.5M 4M 54.78
Current.
LTD 10/03 Cup hdl 31.09 -0.29 28.40 32.95 2.9M 3.1M 30.98
Current.
LVS 10/28 Cup hdl 93.12 +0.79 76.60 88.95 5M 3.1M 89.95
Current. Gapped up at the open tapping 96.90 at the intraday high, but gave some of it back on very strong volume surge. Continue to trend higher.
MA 11/11 Test BO 98.99 -6.49 94.25 104.95 7.3M 3M 100.75
Current. Pullback holding above the 10 day MVA on strong volume. Came off the day's high of 108.60. Looking for a rebound off the 10 day MVA after nice run.
MON 11/21 DB hdl 47.01 -1.69 48.44 55.55 3.7M 5.4M 46.48
Entered today. Used the pullback to start some positions, but after
bouncing lff a low early in the session it continued
to sell back to support at 47. Will look for more positions
as it bounces from that level.
MTW 11/02 Test BO 57.57 -1.34 55.50 66.48 646K 1.3M 55.98
Current.
NBL 11/04 Cup hdl 48.97 -0.65 50.55 57.85 921K 1.7M 48.75
Current.
NTGR 11/04 Test BO 25.15 -1.20 26.68 31.89 515K 750K 26.24
Exited. Fell below the 18 day MVA on rising volume.
NVEC 11/11 Test BO 40.60 -2.42 42.75 51.95 600K 1.1M 40.95
Current.
NVLS 11/18 Test BO 31.55 -1.27 31.80 37.98 5.1M 3.9M 31.54
Current.
OTEX 11/17 Test BO 19.24 -0.91 20.48 24.65 369K 388K 19.31
Buy Not Hit. Stock has not made the move we were looking for so will drop, but will keep an eye on it.
PLCE 10/11 Cup hdl 64.77 -2.76 66.56 76.75 723K 922K 68.31
Trailing Stop. Fell below the 50 day MVA on strong volume.
PLCE 09/14 Test 20 64.77 -2.76 59.85 68.00 723K 800K 67.45
Trailing Stop.
PMTI 10/31 Test BO 49.26 -2.24 49.24 58.88 580K 575K 49.95
Trailing Stop. Fell to hold the 18 day MVA on stronger above average volume.
QLGC 10/30 Test BO 21.99 -0.68 20.65 24.65 2.7M 3M 21.78
Current. Pullback on much stronger volume managing to hold the 10 day MVA. Should hold here.
RJF 10/30 Test BO 31.60 -1.46 31.92 37.75 275K 646K 32.38
Exited.
SAY 11/13 Cup hdl 22.99 -0.78 23.11 27.72 1.2M 1.1M 22.68
Current. Filling the gap from Wednesday. Pullback to hold the 10 day MVA on much stronger volume. Looking for a rebound from here.
SEIC 11/04 Test 50 57.67 -1.14 56.88 64.95 492K 850K 58.95
Trailing Stop.
SINA 11/21 Test BO 28.31 -0.45 28.89 33.88 1.3M 950K 27.45
Buy Not Issued. Pullback testing the 18 day MVA intraday and rallied back on stronger above average volume. Still in the pattern. Looking for a rebound off 18 day MVA (28)
SMSC 11/18 Test BO 31.89 -0.44 32.63 37.95 254K 450K 31.35
Current. Gapped up at the open, but gave it back on average volume. Testing the breakout. May test back to 18 day MVA (31.65) then rebound.
SMSC 10/03 Cup hdl 31.89 -0.44 29.21 34.75 254K 504K 31.89
Current.
SMSC 09/16 Cup hdl 31.89 -0.44 30.05 34.75 254K 504K 31.89
Current.
SMSI 11/15 Test 50 15.64 -1.02 17.11 20.55 1.1M 165K 15.91
Buy Not Issued. Stock has not made the move we were looking for so will drop.
SPIL 10/31 Cup hdl 7.79 +0.08 6.54 7.95 3.5M 1.8M 7.45
Target Hit.
STT 10/26 PreAnn 62.45 -1.26 64.48 72.95 1.2M 1.5M 62.48
Buy Not Issued. Stock has not made the move we were looking for so will drop.
SUPX 11/18 Asc Bse 45.02 -1.51 46.65 54.85 313K 445K 45.95
Current. Pullback on stronger above average volume. Stock needs to hold at the 18 day MVA (44.35)
UARM 11/14 Test 50 48.29 +0.69 46.69 53.95 1.2M 1.3M 46.48
Current. Continue with uptrend on stronger above average volume. Moving up after testing the 50 day MVA
VSEA 11/11 Test 50 39.36 -1.75 39.55 44.88 807K 1.2M 39.95
Current. Pullback on rising volume holding just below the 18 day MVA. May continue to test back to 50 day MVA (38) before rebounding.
WBSN 11/13 Cup hdl 25.80 -1.43 28.22 33.95 687K 1M 26.78
Buy Not Hit. Stock has not made the move we were looking for so will drop.
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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