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stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS
Good movers: ROCM; SWPR; TESO
New Plays:
Upside:
Play Date: 04/18/2007
CAT (Caterpillar--$69.37; +1.71; optionable): Heavy equipment
http://biz.yahoo.com/p/c/cat.html
EARNINGS: 4-20-07
STATUS: Double bottom w/handle breakout. Strong volume as CAT broke higher Wednesday out of an 8 week base formed over the 90 day MA. This was part of a larger 12 month cup pattern, and this little base gave it the launch pad to move higher in the base. Plenty of room to run higher as the top of the base is at 81. Looking to move in as it continues this breakout move.
Volume: 9.47M Avg Volume: 6.094M
BUY POINT: $69.72 Volume=7.5M Target=$79.95 Stop=$67.22
POSITION: CAT HU - Aug. $67.50c (61 delta) &/or Stock
http://www.investmenthouse.com/cd/cat.html
Play Date: 04/18/2007
HNP (Huaneng Power Intl.--$40.83; -0.28; optionable): Power plants in China
http://biz.yahoo.com/p/h/hnp.html
EARNINGS: Announced 4-4-07
STATUS: Test breakout. HNP surged higher with a gap in early April, breaking out from a 12 week cup base. Excellent run up to 42.50 on that move, then testing back on lower volume the past week, coming back to the 10 day EMA to test. Volume spiked Tuesday and Wednesday as it holds steady, indicating it is ready to continue the break higher.
Volume: 338.1K Avg Volume: 212.603K
BUY POINT: $41.75 Volume=320K Target=$49.95 Stop=$40.05
POSITION: HNP HH - Aug. $40c (61 delta) &/or Stock
http://www.investmenthouse.com/cd/hnp.html
Play Date: 04/18/2007
OMCL (Omnicell--$21.03; +0.14; optionable): Medication control and patient safety solutions for acute care facilities
http://biz.yahoo.com/p/o/omcl.html
EARNINGS: 4-24-07
STATUS: Reverse head and shoulders. Sweet little 11 week base has formed using the 90 day MA (19.68) as support on the lows in the 'head.' Nice test back to the 10 day EMA Wednesday, setting up the break higher.
Volume: 344.263K Avg Volume: 314.106K
BUY POINT: $21.68 Volume=471K Target=$25.95 Stop=$20.48
POSITION: UMK HD - Aug. $20c (59 delta, low OI) &/or Stock
http://www.investmenthouse.com/cd/omcl.html
Play Date: 04/18/2007
PTNR (Partner Communications--$15.93; -0.16; optionable): Israeli mobile telephony on GSM technology
http://biz.yahoo.com/p/p/ptnr.html
EARNINGS: 5-7-07
STATUS: Breakout test. Test breakout. PTNR broke out from its 6 week double bottom with handle in early April on a strong volume surge. Peaked at 16.30ish on the initial move and then tested the past week, holding the 10 day EMA on the lows. Volume was mostly lower, indicating little selling on the pullback. Volume jumped back up Wednesday as PTNR held the 10 day. Looking for a strong break higher to indicate the buyers are back in.
Volume: 472.277K Avg Volume: 404.09K
BUY POINT: $16.42 Volume=606K Target=$19.75 Stop=$15.57
POSITION: QPO HC - Aug. $15c (65 delta) &/or Stock
http://www.investmenthouse.com/cd/ptnr.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, PCLN, NVDA, NYX
AKAM: Nice doji at the 90 day MA.
CELG: Ready to move as volume jumped Wednesday.
GOOG: Nice volume ahead of earnings out after the Thursday close.
NVDA: Held the 50 day EMA and bounced Wednesday. Now needs to show the volume as it continues.
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.
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stock recommendation
stock investment information
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