|
|
stock split, stock recommendation
Begin part 3 of 3
Full report issues Thursday.
THE PLAYS:
New Plays:
New Post-Split Plays:
Play Date: 12/20/2006
HCP (Health Care Properties--$36.28; +0.52; optionable): Healthcare facility REIT
http://biz.yahoo.com/p/h/hcp.html
STATUS: Test 18 day EMA. HCP broke out from a multiyear ascending triangle in August. It rallied and then formed a short 6 week double bottom and then broke higher again in mid-November. After that last surge it has spent December testing, coming back to the 18 day EMA this week and showing a nice doji at that level on Tuesday. Volume jumped above average Wednesday as HCP started to rebound. Great action and ready to move in as HCP extends this bounce.
Volume: 2M Avg Volume: 1.388M
BUY POINT: $36.55 Volume=1.4M Target=$43.85 Stop=$35.32
POSITION: HCP DG - Apr. $35c (66 delta) &/or Stock
http://www.investmenthouse.com/cs/hcp.html
Continuing Post-Split Plays:
Play Date: 12/12/2006
LEH (Lehman Brothers--$77.99; +1.79; optionable): Healthcare facility REIT
http://biz.yahoo.com/p/l/leh.html
STATUS: STATUS: Test 18 day EMA. HCP broke out from a multiyear ascending triangle in August. It rallied and then formed a short 6 week double bottom and then broke higher again in mid-November. After that last surge it has spent December testing, coming back to the 18 day EMA this week and showing a nice doji at that level on Tuesday. Volume jumped above average Wednesday as HCP started to rebound. Great action and ready to move in as HCP extends this bounce.
Volume: 3.775M Avg Volume: 3.539M
BUY POINT: $78.11 Volume=5.5M Target=$89.95 Stop=$75.65
POSITION: LES DP - Apr. $80c (50 delta) &/or Stock
http://www.investmenthouse.com/cs/leh.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.
|
stock split
stock recommendation
|
