us stock market, trend trading 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://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
AMP 06/06 Test BO 63.46 +0.03 64.12 73.75 1.5M 1.4M 62.82
Buy Not Issued. Nice doji Friday as AMP tapped the 18 day EMA on the low and then rebounded for a modest gain on the best volume since the Monday breakout. Ready to go this week.

ATHR 05/22 Asc Bse 30.94 +0.37 29.91 35.78 1.5M 2.2M 29.65
Current. ATHR defied the selling to end the week, actually gapping higher Thursday on solid volume. It continued higher Friday. Have to like that relative strength.

BCSI 06/04 Test BO 43.56 +1.32 43.24 49.65 368K 450K 41.18
Current. Was never in trouble all week, just moving laterally following the breakout, waiting for the 10 day EMA (42.10) to rise up to it. Made it Friday, and now we expect BCSI to continue the breakout move.

BCSI 05/17 Cup hdl 43.56 +1.32 39.44 46.39 368K 500K 41.22
Current.

BHI 05/22 DB hdl 83.02 +0.19 85.68 98.50 4.2M 7M 82.57
Current. Sold off with energy to end the week, but volume was average at best and it bounced off the 18 day EMA Friday. Still holding its short trend on the 18 day and still in position to rebound this week.

BIDU 05/09 Cup hdl 137.03 -0.22 132.15 148.50 1.7M 3.2M 141.31
Current. Sold hard Thursday, at least price-wise though volume was lower. Friday it tapped the 18 day EMA (134.75) on the low and rebounded to close flat on lower trade. It weathered the selling & is in great position to start the week.

BRY 06/07 Test BO 37.87 +0.74 37.73 43.45 1.4M 700K 36.57
Buy Not Issued. Volume surged as BRY tested lower and started back up. Ready to move in this week if it can continue the move.

CAT 05/09 Cup hdl 78.52 +1.21 75.66 96.95 5.3M 8M 76.79
Current. Bounced off the 18 day EMA (76.79) after selling toward that level Thursday. Still in excellent shape to continue higher as it weathered the selling, landing on its feet as a CAT should.

CHK 06/04 Cup hdl 35.58 +0.41 36.62 43.50 7.8M 11M 34.72
Buy Not Hit. Shook out in the selling as the volume was relatively low. Bounced Friday to hold near support and keep the pattern in shape.

CROX 04/23 Cup hdl 86.56 +0.46 56.20 66.45 5.3M 3.1M 83.89
Trailing Stop. Finally took the rest of the gain though CROX managed to recover on the session. It rallied higher Thursday and gave it all back; after a run that can mean the part is over. It started lower Friday so we just took the gain. If we get another shot, say on the split, we will take it.

CRZO 05/24 Test BO 42.65 +0.05 39.35 45.95 745K 750K 41.32
Current. Held its gains after the solid breakout move. In excellent shape to continue higher this week as it showed very good relative strength.

CX 06/07 Test BO 39.08 +0.95 38.72 44.95 4.2M 4.5M 37.05
Entered today. Dove lower early but after undercutting the 18 day EMA CX reversed and rallied nicely. Could not resist this action and started the play.

CXW 03/27 DB hdl 64.35 +0.83 53.44 60.48 357K 450K 63.11
Current. Nice recovery off the test of the 18 day EMA puts CXW in great shape to start next week and continue its nice trend up the 18 day EMA.

EPIQ 05/12 PreSplt 18.15 +0.25 16.53 19.12 161K 175K 17.14
Current. Split Friday, tapping the 10 day EMA on the low and rebounding for a nice gain. Solid trend higher continues and letting our remaining positions run.

FCX 06/06 Test 18 76.18 +1.64 77.12 87.00 12M 12M 75.88
Current. Gapped lower but then reversed and posted a nice gain on easily the strongest volume over the past three weeks. Like that as it shows the buyers moving in on the tap near the 50 day EMA.

FCX 05/23 Asc Bse 76.18 +1.64 74.45 85.00 12M 12M 76.22
Current.

FFIV 06/05 Test BO 78.93 +1.75 82.11 94.45 531K 1.6M 80.22
Buy Not Hit. Sold off close to the 50 day EMA but on low volume. Given that we are still watching to see if it can pick up some trade as it moves through 80.

FISV 06/05 Test BO 57.27 +0.82 58.05 66.75 2M 2.1M 56.55
Buy Not Hit. Nice looking indeed. Good bounce off the 18 day EMA on above average volume, and that looks ready to serve up a nice continued breakout move following this test.

GME 05/24 Test 18 37.27 +0.85 37.01 42.45 1.4M 3.5M 36.92
Current. Held the 18 day EMA (36.38) on the Thursday close and bounced Friday. No volume, but GME is ready to continue its trend higher up the 18 day EMA.

HAL 05/09 Dbl btm 35.24 +0.21 33.99 39.95 14M 30M 35.78
Current. Sold back with most energy stocks to end the week, but after undercutting the 18 day EMA and some support at 35 intraday Friday, HAL bounced to hold that level. So we decided to let it hang on into next week.

HURN 05/10 PreAnn 66.96 -0.99 67.14 76.95 139K 350K 65.48
Current. Reached down toward the 50 day EMA Friday but rebounded for a rather modest loss on very low trade. It is set up to make the move, it just has not been able to make the break just yet.

ICE 05/26 Test BO 145.63 -1.08 148.15 165.00 3.4M 5M 148.25
Current. We took some of the gain off the table given the gap lower but we left part of the position on as ICE can heat up in a hurry and it is still in quite decent position.

ICE 05/08 DB hdl 145.63 -1.08 137.48 157.00 3.4M 5M 148.24
Trailing Stop. Banked the rest of some solid gain and will see if it gives us another entry point.

ICON 06/07 DB hdl 22.12 +0.15 22.47 25.95 417K 1.4M 21.29
Buy Not Hit. Still in the test of the 18 day EMA in the handle, still set up very nicely to be an icon of leadership this week.

IOC 05/14 Test 50 37.50 -0.73 30.44 36.52 833K 550K 40.22
Current. Thursday was a big price loss but volume did not balloon. Held the 10 day EMA on the Friday close and that leaves it in good shape to move higher this week and resume that strong breakout move.

LYO 05/26 Test 18 37.15 +0.71 38.20 44.65 4M 5M 36.31
Current. Sold back to the 18 day EMA (36.59) in the market selling, but held that support and bounced Friday. Still in excellent position to rally from here to another new high.

LYO 05/10 Test BO 37.15 +0.71 34.88 40.95 4M 3M 36.31
Current.

MICC 06/06 Test BO 84.50 +0.48 88.11 99.95 470K 750K 85.88
Buy Not Hit. Sold down to the 50 day EMA on volume lower than the breakout. Will watch it to see if it can rebound but dropping for now.

MR 05/19 DB hdl 29.07 +0.81 27.89 33.55 680K 750K 28.45
Current. This one is as wild as a Bangkok bar, but after a big reach down to the 50 day EMA on the Friday low it roared back. It is volatile and we give it a commensurate amount of leash. Nice recovery and looks ready after this pullback.

NTGR 05/16 Test BO 36.50 +1.05 35.95 42.95 726K 1M 36.28
Current. Look up 'intraday reversal' in the dictionary and this chart is there. Tapped at the 50 day EMA and the May trading range lows intraday and then reversed to post a nice gain. Outside of Thursday when it was tossed out with the trash (it is definitely not), it has shown great relative strength. Looks like the shakeout is over.

NTGR 04/09 Dbl btm 36.50 +1.05 30.68 36.75 726K 1M 36.28
Current.

OIH 05/29 Test 18 167.43 +0.27 170.16 185.00 10M 12M 171.11
Current. Sold with energy on Thursday, but that was the only day of downside volume. It held support at 165 and bounced Friday. It is set to rebound but want to see some volume.

OMNI 05/23 DB hdl 11.41 -0.31 11.84 14.25 766K 750K 11.11
Current. Faded back after that strong breakout move Monday. It tapped the 18 day EMA on the Friday low and recovered to hold the 10 day EMA. It is set up after this test to move again, and if it was missed on the last move this test is giving us the next entry point.

OPTN 06/02 Test BO 15.61 +0.30 15.32 18.38 228K 365K 14.65
Buy Not Issued. Volume was not with OPTN as it started higher Friday. If it is still moving this week we will opt in.

PFWD 06/02 Test BO 16.16 +0.10 16.65 19.97 134K 425K 15.68
Buy Not Issued. Holding the 18 day EMA during the selling, leaving itself set up in great position to move this week.

PRFT 03/10 Test 50 19.07 -0.01 20.25 23.95 731K 600K 19.05
Showing a doji on higher volume Friday after the tank lower Thursday. If you were in it was time to take the gain off the table.

RIG 05/29 Test BO 96.96 +0.62 98.30 109.75 4.9M 7.5M 98.55
Current. RIG suffered a modest blowout Thursday, but it managed to hold the 18 day EMA (96.06) and bounce Friday. This is where it needs to hold and bounce to keep the trend set in motion by the late April breakout.

SNDA 05/26 Test BO 27.42 +0.42 28.65 34.45 725K 1.1M 27.31
Buy Not Issued. Did a little interacting with the 50 day EMA (26.45) to end the week, but volume remained low, rebounding Friday as SNDA started to move off this key level. Will see if this shakeout turns into a breakout.

SPN 05/12 Flat 37.66 -0.42 39.17 45.45 1.2M 1.6M 39.13
Current. Hardly superior performance last week, gapping lower Friday and not giving us much to work with. It recovered to hold above the 50 day EMA (37.54) on the close and thus we let it hold over into this week. Volume was damn low on the selling as well.

SPWR 06/05 Test 50 54.05 +1.12 56.31 67.45 1.1M 1.6M 52.65
Buy Not Issued. Holding the 50 day EMA on low volume to close out the week as SPWR remains set to continue its move higher.

SUN 04/20 Test 18 79.62 +0.67 74.55 84.95 2.7M 4.9M 81.89
Current. After leading higher it was leading lower last week, but it did hold the 18 day EMA (78.83) Thursday and Friday after a test lower intraday Friday. It is still in solid position to continue higher and we are considering some new positions if it breaks higher from here on some above average volume.

SUNH 05/22 Test BO 13.83 0.00 14.45 17.55 356K 600K 13.79
Current. Low volume to end the week as SUNH tapped at 50 day EMA on the intraday lows and rebounded. Looking or a break back up through 14 this week.

TRMB 05/31 Test 50 29.15 +0.28 29.88 34.89 913K 650K 28.69
Buy Not Hit. Spent the week at the 50 day EMA (28.93) and then bounced higher Friday on some solid above average volume. It is set for the break higher this week.

VMSI 05/14 Test BO 51.88 +1.13 52.39 59.95 223K 500K 50.84
Buy Not Issued. Could not hold that Monday break higher through the week, but it did hold the 18 day EMA (51.10) on the close. That leaves it in excellent shape to make the move to the all-time high this week.

WNR 05/14 Asc Bse 49.41 +1.20 42.45 49.95 1.4M 1.2M 50.24
Current. Tapped the 18 day EMA on the Friday low and then recovered nicely to post a again on rising volume. It is ready for a new buy this week.

XTO 05/26 Test BO 60.52 +1.02 58.41 66.95 6.8M 4.5M 59.88
Current. Bounced off the 10 day EMA (59.37) on the low on some solid above average volume once more. In position for a new buy this week.

Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AFFX 06/07 HdShldr 25.37 +0.37 24.82 23.25 618K 1.5M 25.25
Buy Not Hit. Bounced higher in the Friday rebound rally but volume fell off well below average. That shows no one really had any faith in buying back into it. Thus we look for AFFX to roll back over this week.

BIG 06/07 Put 30.53 +0.53 29.86 27.80 2.5M 3M 30.45
Buy Not Issued. Sold off early but then spent the day coming back. Managed to crack over the 90 day SMA on the close. Not a very big lot of movement. Will see if this stalls it and sends it back down.

FORM 06/07 HdShldr 41.56 +1.48 39.94 37.91 1.4M 650K 40.55
Buy Not Hit. Jumped higher on the NSM news. Will see how it handles the 200 day SMA it tapped on the Friday high (42) and if it starts to drop we will put on a new play. Dropping for now.

OCR 05/26 Put 34.96 -0.05 37.15 35.00 2.1M 2.8M 35.35
OCR drove lower Friday, pushing to down to 34.59 and further past the target before it started to rebound. If you were in that was a good time to lock in some gain.

PRFT 06/06 Put 19.07 -0.01 19.74 18.55 731K 385K 19.38
Doji at the May intraday low at 19 after that hard dump Thursday. Stronger volume Friday on that doji. Have to be careful from here.

SBUX 05/23 Put 27.67 +0.23 28.31 26.75 14M 13M 27.67
Current. Bounced back Friday after that hard dump lower Thursday. Volume was lower though still above average. Still looking for a further drop from here, something that SBUX has given us four times prior this year as it trends lower and lower after the sales growth peak hit last year.

End part 2 of 3

us stock market
trend trading stock