|
|
stock recommendation, stock market report
Begin part 3 of 3
THE PLAYS
Good movers: SPTN
New Plays:
Upside:
Play Date: 06/26/2007
ARD (Arena Resources--$55.25; -1.16; optionable): Oil and gas drilling
http://biz.yahoo.com/p/a/ard.html
EARNINGS: Announced 4-19-07
STATUS: Breakout test. ARD has used the market selling to pullback modestly to test the 10 day EMA (54.91). Nice test after a high volume breakout off the 50 day EMA tow weeks back that took it out of a 6.5 month ascending base and to a new all-time high. Hardly giving up any ground on the test and set up in excellent position to continue the breakout move.
Volume: 242.6K Avg Volume: 278.815K
BUY POINT: $57.48 Volume=430K Target=$66.50 Stop=$54.72
POSITION: ARD JK - Oct. $55c (61 delta) &/or Stock
http://www.investmenthouse.com/ct/ard.html
Play Date: 06/26/2007
CPHD (Cepheid--$13.72; +1.25; optionable): Testing systems for biothreat markets
http://biz.yahoo.com/p/c/cphd.html
EARNINGS: Announced 5-3-07
STATUS: Cup with handle breakout. CPHD is exploding higher on strong volume as it breaks from a 10 week base formed at the 50 day EMA (11.80). The move took CPHD to a 3.5 year high and it looks ready to break on through to the other side. Excellent strength with money flow surging higher as well. Ready to move in as it continues higher.
Volume: 1.901M Avg Volume: 781.315K
BUY POINT: $13.89 Volume=785K Target=$16.95 Stop=$12.92
POSITION: QHY IV - Sept. $12.50c (69 delta) &/or Stock
http://www.investmenthouse.com/ct/cphd.html
Play Date: 06/26/2007
ININ (Interactive Intelligence--$20.33; +0.94; optionable): Software for contact centers and VOIP
http://biz.yahoo.com/p/i/inin.html
EARNINGS: Announced 5-1-07
STATUS: Cup w/handle. Volume has started to surge as ININ breaks higher from a 6 month nicely formed base that is ready to take it to a 6-year high. Strong 7:4 accumulation in the pattern (7 up price weeks on rising volume to 4 down price weeks on rising volume) shows plenty of buying to send it higher. Nice break to the upside Tuesday and ready to move in as it continues.
Volume: 224.245K Avg Volume: 189.266K
BUY POINT: $20.48 Volume=300K Target=$24.65 Stop=$19.05
POSITION: NQX ID - Sept. $20c (59 delga, 290 OI) &/or Stock
http://www.investmenthouse.com/ct/inin.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.
|
stock recommendation
stock market report
|
