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stock split, stock recommendation
Begin part 3 of 3
Full report issues Tuesday.
THE PLAYS:
New Plays:
New Post-Split Plays:
Play Date: 12/04/2006
JCOM (J2 Global Communications--$28.44; +1.19; optionable): Telecom services
http://biz.yahoo.com/p/j/jcom.html
STATUS: Cup w/handle. Strong volume Monday as JCOM moved off of the 50 day EMA test (27.34) in its 20 week base that is setting JCOM up for a run at a new all-time high. Money flow is leading the way and after this shakeout the past week JCOM is ready to follow it.
Volume: 782.532K Avg Volume: 453.333K
BUY POINT: $28.88 Volume=465K Target=$34.75 Stop=$27.32
POSITION: JQF CE - Mar. $25c (75 delta, 167 OI) &/or Stock
http://www.investmenthouse.com/cs/jcom.html
Leader Play:
Play Date: 12/04/2006
WFR (Memc Electronic--$40.64; +0.48; optionable): Semiconductor integrated circuits
http://biz.yahoo.com/p/w/wfr.html
STATUS: Cup. Good volume last week as WFR started higher off the 50 day EMA (37.02) and toward some resistance at 41 in the middle of its 7 month base. WFR is a leader in its sector, and it weathered the recent rockiness quite well. Nice base has set it up for a run at a 10 year and indeed an all-time high.
Volume: 3.6M Avg Volume: 4.38M
BUY POINT: $41.11 Volume=6.5M Target=$48.75 Stop=$38.65
POSITION: WFR DH - Apr. $40c (60 delta) &/or Stock
http://www.investmenthouse.com/cs/wfr.html
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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