|
|
us stock market, stock split
Begin part 3 of 3
THE PLAYS
Good Movers: AH; ARO; CROX; GIGM; GS; HWCC; ICON; MOS; PAY; SIMO
New Plays:
Upside:
Play Date: 02/20/2007
ACLI (American Commercial Lines--$76.60; +2.35; optionable): Shipping. Splits 2:1 on 2-21-07
http://biz.yahoo.com/p/a/acli.html
STATUS: Breaking higher into the split, moving out of a 10 week cup with handle base on strong volume Tuesday. Expecting ACLI to run right on through the split and give us a buy point as it does.
Volume: 506.426K Avg Volume: 354.7K
BUY POINT: $38.48 Volume=532K Target=$43.98 Stop=$73.4436.72
POSITION: QAK FG - June $35c (61 delta) or QAK FH - June $40c (48 delta)
http://www.investmenthouse.com/cd/acli.html
Play Date: 02/20/2007
CTRN (Citi Trends--$43.98; -0.22; no options): Apparel stores
http://biz.yahoo.com/p/c/ctrn.html
EARNINGS: 3-21-07
STATUS: Breakout test. CTRN broke out from a 9 month cup with handle just over a week back, gapping higher on strong same store sales and a bevy of upgrades. It is testing that move, coming back to the 10 day EMA (44.03) on mostly lower volume. Strong money flow remains well ahead of price. Good, orderly test and looking to move in as it rebounds from this hold of near support.
Volume: 155.42K Avg Volume: 155.669K
BUY POINT: $44.48 Volume=225K Target=$53.45 Stop=$42.95
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cd/ctrn.html
Play Date: 02/20/2007
SY (Sybase--$26.19; +0.47; optionable): Mobile software for mobile workers
http://biz.yahoo.com/p/s/sy.html
EARNINGS: Announced 1-25-07
STATUS: Cup w/handle. Strong break higher in late January followed by the current 4 week handle over the 18 day EMA (25.75) has just about set the breakout from this nice 19 week base. Like how it formed using the 50 and 90 day MA as support. Excellent money flow. SY is in a larger 6-year pattern, and a breakout here sends it out of that bigger pattern.
Volume: 951.6K Avg Volume: 753.528K
BUY POINT: $26.48 Volume=1.1M Target=$31.89 Stop=$25.21
POSITION: SY FE - June $25c (68 delta) &/or Stock
http://www.investmenthouse.com/cd/sy.html
Continuing plays ready to move:
Play Date: 02/10/2007
RATE (Bankrate--$43.17; -0.48; optionable): Online banking services
http://biz.yahoo.com/p/r/rate.html
Earnings: Reported 2-6-07
STATUS: Breakout test. Still working laterally over the 10 day EMA (42.75) after that gap higher on earnings two weeks back. After a week of microscopic volume RATE showed volume running near average Tuesday. A jump in volume typically precedes a break higher. Ready for it to make the move.
Volume: 296.945K Avg Volume: 333.813K
BUY POINT: $44.95 Volume=500K Target=$53.95 Stop=$41.78
POSITION: QIB EI - May $45c (54 delta) &/or Stock
http://www.investmenthouse.com/cd/rate.html
Play Date: 02/15/2007
RVSN (Radvision--$22.54; +0.30; optionable): Telecom processing systems
http://biz.yahoo.com/p/r/rvsn.html
EARNINGS: Announced 2-8-07
STATUS: Breakout test. Another stock that rallied ahead of the overall market and spent the last week testing as the rest of the market rallied catch up. Now RVSN is ready, moving higher Tuesday after holding above the 10 day EMA (21.90) on the lows. Nice breakout from an 11 week cup base that was part of a larger 12 month cup with handle. Looking for a bit more volume to come in as it continues higher, but it looks nice.
Volume: 142.903K Avg Volume: 144.452K
BUY POINT: $22.45 Volume=220K Target=$26.95 Stop=$21.38
POSITION: RJU FX - June $22.50c (64 delta) &/or Stock
http://www.investmenthouse.com/cd/rvsn.html
SUBSCRIBER PORTFOLIO: These are stocks subscribers suggest by vote that we put in a portfolio to track and move into the stocks if they perform well. If you have any suggestions for additions or deletions, email us. We don't cover them all each report, just when something interesting is developing.
AAPL, AKAM, CELG, DRIV, GME, GOOG, ISE, MA, MRVL, NVDA, WEBX
AAPL: Interesting. Stronger volume as AAPL bounced a buck. May be just about ready for some more upside.
ISE: Setting up the right shoulder to a 9 week reverse head and shoulders base.
Good Investing!
Jon L. Johnson and The Daily 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.
|
us stock market
stock split
|
