|
|
us stock market, trade stock
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://stocksplits.net/ssr/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
ACLI 02/20 Cup hdl 34.34 -0.70 38.48 43.98 507K 532K 37.31
Slipped below the 50 day MA on the close. Light volume
and still support at 34, but that has to bounce it
over the next session or two.
AIR 02/06 DB hdl 28.51 -0.36 30.60 35.95 622K 680K 30.32
Current. Gapped lower but immediately tried to retake the 50
day EMA (29.74). It faded back to close on rising trade.
Still hovering above the 90 day MA, a good support
level to rebound from once the market selling abates.
ANST 02/28 Test BO 30.78 +0.77 29.65 34.65 229K 325K 28.48
Buy Not Issued. Bounced on stronger, above avg volume after a bit more test. Good enough to start a partial position on but it faded back from the 10 day EMA late. If it continues higher from here it is still a buy after this pullback to test the 50 day EMA.
ASCA 02/22 Cup hdl 31.93 -0.18 33.48 40.95 271K 325K 31.55
Buy Not Issued. Doji that held support at 32, showing some rising,
average trade. Still in position to make the move,
just have to be patient with it.
BA 02/03 Test BO 87.02 -0.01 91.65 102.95 3.7M 5.8M 89.31
Current. Still holding above 86, showing a doji Monday on lower volume. Holding 86 but struggling when it hits 88 intraday. Getting to the critical point here. If it fails to take out 89 on the next serious rally then it is likely to test lower toward 84.
BWLD 03/03 DB hdl 53.54 -1.16 56.25 63.85 154K 450K 54.78
Buy Not Hit. Gapped lower but held the 50 and 90 day MA, showing
a doji on that level Monday with some very low trade.
Still set up to make the bounce.
CEC 02/20 PreAnn 41.14 -0.84 43.48 49.95 416K 250K 42.11
Buy Not Issued. Slipped through the 50 day MA on rising, above avg
volume. Don't like this pattern, a short term head
and shoulders.
COG 03/01 PreSplt 65.08 -1.17 68.85 76.95 586K 700K 66.78
Buy Not Hit. Faded for the second session as energy struggled with
oil lower. Volume jumped to average as it came back
to support at 65. This is where it has to hold.
COG 02/13 PreAnn 65.08 -1.17 66.89 76.95 586K 833K 68.57
CYTC 03/03 Test BO 29.90 -0.27 30.65 34.95 1M 1.1M 29.77
Buy Not Hit. Slipped through the 18 day on the close but still in
the test. Don't want to get too aggressive & buy too
early. Let it show the strong break higher before we
jump in. Want to see strong move on strong volume.
DLTR 03/01 PreAnn 33.72 -0.54 34.65 39.95 1.6M 1.2M 33.05
Buy Not Issued. Gapped lower but held the 18 day EMA on the close,
Can still make a higher low here and continue the rise
from the strong earnings.
FDX 02/20 Rev HS 111.17 -1.33 120.32 134.95 1.7M 2.5M 117.36
Current. Gapped lower to the 200 day MA (110.40), managing a
rebound to fill the gap. It could not hold it all into
the close. After the gap looking for the 200 day MA
to hold for a relief move.
GES 03/03 PreSplt 77.72 -2.21 81.88 91.45 719K 845K 79.45
Buy Not Hit. Not the action we wanted, gapping lower and closing at the session low. Trade was up but still below average. Not quite ready to make the rebound yet, but will just let it fade and continue watching for it to hold and give the pre-split run.
HOC 02/26 Test BO 52.85 -1.18 56.98 65.75 915K 750K 54.95
Buy Not Hit. Volume jumped above average as HOC gapped lower to
some support at 52. It held up well but the past two
sessions for energy have hurt. Will see if it can hold
here and set back up. Will watch but dropping for now.
JCI 03/01 Test 50 94.90 -0.67 95.35 103.95 1.6M 1.5M 92.25
Buy Not Issued. Once more JCI could not hold the intraday move over
the 10 day EMA (95.49), showing a doji below the 10
day on lower but still above avg volume. Don't like
that churn below the near term resistance.
MSTR 02/14 Cup hdl 122.30 -1.12 125.45 135.85 184K 385K 121.45
Buy Not Issued. Modest lower volume fade to close at the 50 day SMA. Rather orderly test compared to the market as MSTR bides its time and looks for an opening to exploded higher. Moved the buy point but as with the other plays, need to see a definitive move on volume.
NKE 03/01 PreSplt 102.46 -1.40 105.67 115.00 1.5M 2M 102.95
Buy Not Issued. Slipped lower again after the Thursday attempted bottom
off the 50 day EMA. Looks as if it is going to test
again and will see how it can respond off of that level.
NTGR 02/17 Dbl btm 25.73 +0.16 28.63 34.32 652K 1.1M 27.68
Current. Gapped lower but rebounded to close in the recent range.
This is where it has to make its rebound move.
NX 01/23 Trnd Rv 38.93 +0.04 39.29 44.88 703K 500K 39.05
Current. Gapped lower but tapped the 50 day EMA (37.94) on the
low and rebounded on strong volume. Lots of trade at
the 50 day & it refuses to give in there. That shows
some buying at that level & NX is still solid overall.
RIMM 02/24 Asc Bse 134.52 -1.44 145.31 159.95 9.6M 13M 142.22
Current. Gapped lower but held the 90 day EMA on the low and recovered to close above the 50 day EMA (133.40) on rising trade. That shows buyers stepping in on the low to drive it higher. Restatements in earnings re options grants was the culprit.
RIMM 02/03 PreAnn 134.52 -1.44 135.96 154.89 9.6M 10M 142.22
Current.
RL 02/15 Asc Bse 81.75 -1.67 85.55 96.45 1M 1.2M 85.21
Current. Slipped through the 50 day EMA (82.38) on the close.
Volume ticked higher to just above avg. Giving it a
session to try & recover this level; if it cannot we
need to close it.
SSYS 03/01 Test BO 37.36 +0.05 38.75 44.95 199K 175K 36.88
Buy Not Issued. Holding the line nicely, tapping the 18 day EMA on
the low & snapping back. Good action but just have
to wait and see if it can hold during the selling and
then rebound from this lateral test.
SYK 02/22 FlyPlat 60.89 -0.11 64.03 73.42 2.1M 1.7M 61.91
Current. Traded sharply lower at the open but rebounded to close
flat on rising, above avg volume. SYK continues to
hold the 50 day EMA and in doing so is showing some
solid relative strength.
TALX 02/28 Test 18 32.53 -0.82 33.47 38.65 324K 900K 31.13
Buy Not Hit. Filling the gap, unable to hold the 18 day EMA. Serious support at 32. We will see if it holds there and delivers the bounce we are looking for as the stock is still in solid shape. Moving the buy point to accommodate this pattern change.
UCTT 03/03 DB hdl 15.71 +0.13 16.41 19.45 589K 725K 15.26
Buy Not Hit. Tapped the 18 day EMA on the low and posted a gain
on rising, avg volume. Excellent action in the handle
of this pattern. Just be patient and let it finish
the test & show the break higher.
VSEA 03/03 Test BO 46.20 -0.09 48.05 54.95 1.2M 2M 45.31
Buy Not Hit. Gapped lower but recovered to close flat. More good shakeout from the February move and holding easily above the 50 day MA. Just being patient and if it shows us the move in an improving market tape we start buying some positions.
XTO 01/30 PreAnn 49.83 -0.45 52.32 59.89 3.9M 4.5M 51.31
Current. Gapped lower on a tougher oil and gas tape, but it
held the 50 day EMA (49.52). Given all of the market
angst, XTO is in good position to rebound .
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AEOS 03/03 HdShldr 28.87 -0.93 29.68 28.05 5.3M 4M 30.48
Buy Not Issued. The idea was right but AEOS was a bit too agreeable
as it gapped lower and did not give us any room to
work with it.
CRI 02/27 Put 23.08 -0.37 23.66 22.00 764K 750K 24.21
Buy Not Issued. A bit indecisive as to how it wants to act, but after tapping the 18 day EMA intraday it closed at the session low. Very low trade, however. Still negative & still money flow heading lower. Can look to buy on further selling w/target moved to 21.15ish.
PHRM 03/03 Put 25.07 -0.24 25.18 23.65 653K 600K 26.32
Buy Not Issued. Gapped lower and traded both up and down from there. Decided to leave it along for this session as there was a real battle ongoing between the buyers & sellers. Will watch & see how it shakes out but a test of 26 would be a better entry after this action.
SBUX 02/17 Put 29.41 -0.47 32.65 30.92 11M 7.6M 29.72
Current. Gapped lower and were tempted to take the last positions off the table, but it rolled over and closed near the session low so left it to run a bit more to see how far this goes. Fifth gap lower on this leg so the rubber band is getting stretched.
SONC 02/27 Put 21.02 -0.25 21.35 20.00 549K 625K 21.39
Current. Broke below the Thursday low and closed at the session
low. Still a long way to go to fill that August gap
higher from roughly 20. When it breaks again it will
break big from the look of it.
SPY 02/28 Put 137.35 -1.32 140.76 138.00 142M 70M 139.25
Gapped lower below the target, tried to rally, but reversed to close at the session low. Could take it even lower from here. Let some positions continue lower, but another big blow down is begging a reversal so don't get too enamored with the fall.
TMO 03/01 HdShldr 44.16 -0.11 45.02 43.58 4.4M 3.5M 44.77
Current. Gapped lower but managed to rebound to close basically
flat. Want it back below 44 on the close over the next
session or two.
End part 2 of 3
|
us stock market
trade stock
|
