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stock recommendation, stock investment information
Begin part 3 of 3
Full report issues Wednesday.
THE PLAYS
New Plays:
Upside:
Play Date: 04/17/2007
KSS (Kohls--$77.95; +1.18; optionable): Department stores
http://biz.yahoo.com/p/k/kss.html
EARNINGS: 5-17-07
STATUS: Test 18 day EMA. KSS broke out from a 5 month base in late March and rallied near 79 on the move. It has come back to test, holding at the 18 day EMA (76.65) on the lows the past week. Tuesday it bounced off that level and the move looked good, but no volume was present. That is on aisle 4. Solid stock and a nice breakout. Money flow is leading the way higher and KSS looks ready to follow it once more.
Volume: 2.158M Avg Volume: 2.733M
BUY POINT: $78.55 Volume=3.5M Target=$89.95 Stop=$76.55
POSITION: KSS GO - July $75c (68 delta) &/or Stock
http://www.investmenthouse.com/ct/kss.html
Play Date: 04/17/2007
KYPH (Kyphon--$49.58; -0.30; optionable): Medical instruments
http://biz.yahoo.com/p/k/kyph.html
EARNINGS: 4-26-07
STATUS: Breakout test. Lower volume pullback Tuesday after a nice, above average volume break higher Monday that took KYPH out of its 10 week base. Strong money flow is pushing KYPH to a new all-time high. Likely to come back a bit from here toward 48, but the initial move was strong and it could rebound from the Tuesday close without any further comeback.
Volume: 646.491K Avg Volume: 779.302K
BUY POINT: $49.95 Volume=900K Target=$57.95 Stop=$47.77
POSITION: QYQ IJ - Sept. $50c (51 delta) &/or Stock
http://www.investmenthouse.com/ct/kyph.html
Good Investing!
Jon L. Johnson and your Technical Traders Report Team
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 in 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 recommendation
stock investment information
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