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stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS
Good movers: CXW; FALC; NIHD; PTNR; ROCM; SUN; TRMB
New Plays:
Upside:
Play Date: 04/26/2007
ADBE (Adobe Systems--$43.26; +0.55; optionable): Application software
http://biz.yahoo.com/p/a/adbe.html
EARNINGS: 6-14-07
STATUS: Ascending base. ADBE moved higher Thursday on a good shot of above average volume, ready to break higher out of a 6 week ascending triangle that formed after the mid-March gap (earnings) out of a 12 week cup. Nice base on base action is setting up a breakout and run to a new all-time high. Strong money flow is jumping up ahead of price and ready to move in as ABDE makes the break. Strong stock.
Volume: 8.179M Avg Volume: 5.924M
BUY POINT: $43.48 Volume=6.3M Target=$50.45 Stop=$41.89
POSITION: AEQ GV - July $42.50c (62 delta) &/or Stock
http://www.investmenthouse.com/cd/adbe.html
Play Date: 04/26/2007
HLTH (Webmd Corp.--$16.15; -0.03; optionable): Healthcare information systems
http://biz.yahoo.com/p/h/hlth.html
EARNINGS: 5-3-07
STATUS: Breakout test. Nice low volume lateral move over the 10 day EMA (16.02) as HLTH tests the early April run higher that took it out of its 8 week base. Volume finally kicked in just as it started to slide laterally. Very nice tight range and looks ready to break to a new 7 year high.
Volume: 1.474M Avg Volume: 3.69M
BUY POINT: $16.38 Volume=4M Target=$19.55 Stop=$15.77
POSITION: HUT GC - July $15c (67 delta) &/or Stock
http://www.investmenthouse.com/cd/hlth.html
Play Date: 04/26/2007
PETD (Petroleum Development Corp.--$54.58; +1.52; optionable): Oil and gas refining
http://biz.yahoo.com/p/p/petd.html
EARNINGS: 3-5-07
STATUS: Ascending base. Volume is surging as PETD bumps against the breakout point from its 12 week base that formed to consolidate that mid-January surge higher that took it out of that longer, 9 month pattern. Great foundation beneath it and looking to move in as PETD continues higher and makes the breakout move.
Volume: 124.057K Avg Volume: 105K
BUY POINT: $54.88 Volume=150K Target=$65.75 Stop=$52.11
POSITION: PHQ JK - Oct. $55c (52 delta) &/or Stock
http://www.investmenthouse.com/cd/petd.html
Play Date: 04/26/2007
SIAL (Sigma-Aldrich--$42.45; +0.11; optionable): Biochemicals and organic chemicals
http://biz.yahoo.com/p/s/sial.html
EARNINGS: 4-24-07
STATUS: Ascending triangle. Volume was up Wednesday and Thursday as SIAL moved toward earnings and the breakout from its 8 week triangle that formed using the 50 day EMA as support. Earnings were announced and SIAL gapped slightly lower and recovered; no huge move, no meltdown. Just working on its pattern. Looking for a strong move from this base; they are typically strong from these patterns.
Volume: 790.486K Avg Volume: 762.046K
BUY POINT: $42.66 Volume=1M Target=$50.95 Stop=$41.04
POSITION: IAQ GV - July $42.50c (56 delta) &/or Stock
http://www.investmenthouse.com/cd/sial.html
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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