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stock split, stock recommendation
Begin part 3 of 3
THE PLAYS:
Good movers: ACH; AIR; ANST; CRM; GGB; GS; JCP; MON; VIP; WFR
New Plays:
New Post Split Plays:
Play Date: 02/14/2007
BKE (Buckle, Inc.--$36.04; -0.23; no options): Apparel stores
http://biz.yahoo.com/p/b/bke.html
STATUS: Test breakout. BKE surged out of a 7 week flat base last week, rallying to a new all0time high on another big sure in volume. It has faded this week on lower and lower trade, halting Wednesday well above the 10 day EMA (35.26) and the January highs in the base at that point as well. It may come back further to test, but it is being stingy with its gains; nothing wrong with that. We want to move in as it rebounds on an uptick in volume. Solid fundamentals growth rates to go with the solid technical pattern.
Volume: 86.4K Avg Volume: 163.111K
BUY POINT: $36.57 Volume=210K Target=$43.94 Stop=$34.72
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/bke.html
Leader:
Play Date: 02/14/2007
MSTR (Microstrategy--$126.00; +2.14; optionable): Business intelligence software.
http://biz.yahoo.com/p/m/mstr.html
EARNINGS: 1-26-07
STATUS: Cup w/handle. Strong volume Wednesday as MSTR knocks at the breakout to a 5+ year new high. It held up after a rocky earnings announcement that saw it gap higher on the news but then reverse intraday. It contained the selling that session, and continued working on the cup portion of its base. Nice low volume test the past week held the 18 day EMA (123.30) and formed the bottom of the handle. Great volume today as it jumped off that support. Looking to move in as MSTR continues through the buy point on continued strong volume. A move to the target lands a 70%ish gain.
Volume: 287.383K Avg Volume: 256.123K
BUY POINT: $126.78 Volume=385K Target=$142.95 Stop=$123.11
POSITION: EOW GE - July $125c (60 delta)
http://www.investmenthouse.com/cs/mstr.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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