|
|
trade stock, stock market today
Begin part 2 of 3
CONTINUING PLAYS
* * SPREADSHEET DOWNLOAD * * *
The following link is to a spreadsheet download of the continuing play table. It will allow subscribers to sort the data for your personal investment use. This is a service to our subscribers only, and no other use of the information is authorized. Simply click on the link, enter your username and password, and download the spreadsheet.
http://investmenthouse.com/daily/table.php
You will need your password. If you need help click on this link and our automated system will email it to you immediately once you fill in your email address:
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 02/21 Test 50 85.41 -1.65 89.11 99.75 31M 42M 86.87
Current. Volatile week, finishing with a modest fade Friday
but holding above some support near 85. Showed relative
strength among techs during the week so letting it
continue to set up. Key level on the relief bounce is 91.
ACLI 02/20 Cup hdl 35.04 -1.01 38.48 43.98 746K 532K 37.31
Finished the week at the 50 day SMA, experiencing overall
lighter volume during last week's fade. Best volume
of week was on the Thursday bounce. It is primed for
a move to 37-38 on the initial relief move.
AIR 02/06 DB hdl 28.87 -0.26 30.60 35.95 504K 680K 30.32
Current. Traded around the 50 day MA after the Tuesday gap lower.
No heavy selling as it holds near support. In good
position to bounce from here as has been its pattern
on this run higher.
ANST 02/28 Test BO 30.01 -0.69 29.65 34.65 143K 325K 28.48
Buy Not Hit. Continued the fade, unable to hold the 18 day EMA. Looks as if it will head to the 50 day EMA. Very low volume on the selling & it is still a likely candidate to jump back up in a market bounce. Adjusted the buy point to allow for this further decline.
ASCA 02/22 Cup hdl 32.11 -0.78 33.48 40.95 235K 325K 31.55
Buy Not Issued. Continues to show great relative strength, holding
support at 32 and in great position to rebound in an
interim market bounce.
BRCD 03/01 Cup hdl 9.08 +0.07 9.45 11.68 19M 15M 8.79
Buy Not Hit. Excellent relative strength all week, holding its range
& posting a modest gain Friday on the 2nd best volume
of the week. Excellent position to break out in a market
rebound.
DIOD 02/22 Trnd Rv 35.67 -1.26 39.56 45.58 704K 500K 38.11
Exited. New closing low undercut the February range.
HLTH 02/28 Test 18 14.60 -0.19 15.11 18.25 3.1M 8M 14.38
Buy Not Hit. Ended the week holding above support at 14.50. Still
poised for a healthy bounce in a market relief rally.
ICON 02/28 Test 18 20.50 -0.85 21.32 25.00 1.1M 1.4M 20.12
Buy Not Hit. Fell through some support at 21 on Friday but closed above the 50 day EMA (20.30) where it has found support on its prior two bounces. Thus still set to move in if it can show a strong bounce from here in a market relief move.
NTGR 02/17 Dbl btm 25.57 -0.52 28.63 34.32 1M 1.1M 27.68
Current. Faded thru the 90 day EMA to end the week but also held the February lows and those in Nov & Dec. Looking for a bounce off this level next week in a market relief bounce. Key test is 28 on that move. When it gets there we re-evaluate.
NUAN 02/28 Test BO 11.46 -0.12 14.38 17.65 1.6M 5.5M 13.77
Buy Not Hit. Big shakeout and recovery Thursday and then a quiet
doji Friday on the 18 day EMA. Held its ground so looking
for some upside in a market relief move.
PTNR 02/12 Test BO 13.37 -0.10 14.30 16.97 257K 344K 14.34
Current. Tapped the 50 day EMA twice last week and rebounded
Thursday off that level. Holding up bue needs to deliver
a break above 14 on a market relief bounce.
RATE 02/10 Test BO 38.23 -2.09 42.15 51.45 348K 500K 39.45
Buy Not Hit. Fell sharply through teh 50 day EMA. Dropping.
RVSN 02/15 Test BO 22.00 -0.29 22.54 26.95 83K 220K 21.32
Current. Great Wednesday blast higher and a modest low volume
fade to close the week, holding the 10 day EMA on very
low volume. Excellent set up for a market relief bounce.
SYK 02/22 FlyPlat 61.00 -0.37 64.03 73.42 1.7M 1.7M 61.91
Current. Held the 50 day EMA on the lows last, showing strong
volume on tests of that level. That shows buyers still
there. We still like it for a bounce from here after
this testing.
TESOF 03/01 Cup hdl 21.74 -0.45 22.32 26.38 388K 165K 20.85
Buy Not Hit. Big surge Thursday and tested it Friday, coming back
almost to the 10 day EMA on the low before bouncing.
Energy had a tougher session but TESOF is still ready
to continue the breakout move.
TRW 03/01 Test BO 30.02 0.00 30.55 35.95 345K 530K 29.28
Buy Not Hit. Still in excellent position to rally with its nice
test of the breakout.
TWGP 02/10 DB hdl 32.97 -0.19 34.95 40.95 288K 415K 35.42
Current. Held steady after that gap lower Thursday hurt the
pattern. Now we need to see a move through 34 in the
market relief bounce.
WNR 02/22 Cup hdl 30.67 +0.57 28.25 33.89 1.3M 450K 29.38
Current. Surged to 31.98 on the Friday high on huge trade as
WNR continued its breakout. Not bad for an energy stock
in a weak sector Friday. Don't like the pullback off
the high but overall good action for the week.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
BEBE 02/27 Put 17.83 -0.71 18.20 16.05 749K 1.2M 18.49
Current. Like the reversal and close below 18, the level that
acted as some support in early February.
CHRS 02/27 Put 12.05 -0.37 12.10 11.09 1.2M 975K 12.48
Entered today. Rising, above avg volume as CHRS broke lower through
the recent lows, hitting a new low on this leg as it
resumes its downtrend.
CRI 02/27 Put 23.45 -0.19 23.66 22.00 2M 750K 24.21
Buy Not Issued. Tried the 10 & 18 day EMA again on the Friday high and then faded to show a doji. Hung on all week near these levels, but still primed to fall & follow the weak money flow. High volume Friday shows churning below resistance, a good sign of a fall.
DIA 02/28 Put 120.96 -1.48 121.36 119.25 18M 9M 121.65
Current. Turned back down to a new closing low on this leg.
Expecting another blow lower early this week. If it
holds 120 again as it did Thursday we need to be cognizant
that may mean it is ready to bounce for the interim rally.
HGT 02/12 Put 24.25 -0.39 23.97 22.65 120K 285K 24.65
Buy Not Issued. Still hanging on as it has bounced off the 24.10ish level the past three weeks. That tenacity at that level suggests we need to see if fall thru there before we go into the downside position.
MSFT 02/24 Put 27.76 -0.33 28.71 27.61 63M 64M 28.15
Current. Faded to a new closing low for this leg on Friday.
No precipitous plunge but continued the steady decline
it has shown since the Vista release hype.
QDEL 02/26 Put 10.37 -0.27 10.94 9.57 491K 595K 11.57
Buy Not Issued. Looked for a rebound off those three dojis but it slipped
lower Friday on low volume. Will have to wait for a
bounce at this point because it is extended a bit downside.
QLGC 02/05 Put 17.12 -0.49 18.18 16.92 2.7M 3.8M 17.38
Target Hit. Dropped down toward the Thursday low, tried to hold,
but slipped a bit lower. Given the March options &
potential for a rebound we took some solid 47% gain
off the table. Some support at 17 that is trying to hold.
SBUX 02/17 Put 29.88 -0.51 32.65 30.92 14M 7.6M 30.22
Current. Tough week for SBUX, good week for the play. SBUX has gapped lower 4 of 5 sessions & that indicates the downside is getting overdone. Ready to take the rest of the gain if it shows some strengthening. Until then just letting it continue lower.
SONC 02/27 Put 21.27 -0.27 21.35 20.00 572K 625K 21.59
Current. Wild ride Thursday from low to high, but then gapped
lower Friday and looks to continue the move lower after
the breakdown from the 200 day MA.
SPY 02/28 Put 138.67 -1.84 140.76 138.00 162M 70M 139.25
Gapped lower and a new closing low for this leg. Some
support at 138, and if it hits there again and starts
to rebound again the market is likely to try its relief
rebound as well.
VIX 03/01 Put 18.61 +2.79 17.72 14.05 0 0 18.55
Buy Not Issued. VIX bounced up to a new closing high on this leg as
the S&P sold off. Once the S&P starts a rebound it
is going to fall stone-like toward 13 - 14.
End part 2 of 3
|
trade stock
stock market today
|
