|
|
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://stocksplits.net/ssr/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
ALJ 06/26 Test BO 44.01 +0.33 44.88 52.95 431K 550K 42.48
Current. Continued the modest rebound from the Wednesday deep test and reversal, showing a doji Friday over the 10 day EMA on below average volume. ALJ continues to test the break higher from 3 weeks back, setting up for the next move.
ATLS 06/19 Test BO 53.73 -0.49 55.65 63.95 94K 250K 53.65
Buy Not Hit. Still working laterally on low volume. Very nice set up for the next break higher. Just have to let the move come to us.
BIDU 05/09 Cup hdl 167.98 +5.79 132.15 148.50 3.9M 3.2M 164.22
Current. Big second half of the week for BIDU as it broke higher from its week long lateral flying plateau, continuing its run higher. It was up another $3 after hrs Friday. Just letting this animal run.
BUCY 05/21 Test 18 70.78 +0.99 69.31 79.95 523K 1M 68.78
Current. Forming up an ascending triangle this month, working on low volume. It is pinching off at the end of the pattern now and that means it has to make its break soon.
BWLD 05/31 PreSplt 41.59 -0.61 44.05 49.95 294K 550K 44.21
Exited. Tried to move back through the 18 day EMA after tapping the 50 day EMA during the week, but it faded back after that attempt so we closed it out to see if it will set up better.
CALM 06/28 Test BO 16.38 +0.28 16.29 19.55 412K 250K 15.22
Buy Not Issued. CALM gapped higher and volume was again above average, but it was trading off its highs so we decided to wait and see how it weathers the weekend and opens up this coming week.
CERN 05/31 Test BO 55.47 -0.49 56.25 66.95 413K 1.2M 54.05
Buy Not Issued. Still waiting for CERN to come off of the 50 day EMA. We are dropping for now but will continue watching it.
CIEN 06/23 Test BO 36.13 -0.26 36.97 44.35 3.2M 6M 34.95
Current. Started off the 10 day EMA test on Wednesday, getting some strong upside trade Thursday. Looking solid as it continues up the 10 day EMA.
CLB 06/16 PreAnn 101.69 +2.13 97.35 111.50 332K 325K 99.11
Current. Great week for the core. It raised its guidance and blasted off Wednesday and kept the move going through the end of the week.
CLF 06/16 Test 50 77.67 +1.12 80.22 94.95 1.9M 2.4M 76.88
Buy Not Hit. Still testing and holding the 50 day EMA last week. Just being patient and waiting for CLF to show us the break higher.
CMI 06/19 Test BO 101.21 -1.76 104.10 119.85 1.7M 2.5M 99.65
Current. Great bounce off the 18 day EMA Wednesday and Thursday but Friday was a crap out of sorts. It closed lower at the 10 day EMA. Volume was light so we are looking for another jump higher this coming week as it is set up well to do so.
CMTL 06/28 Rev HS 46.42 -0.07 47.45 54.75 719K 450K 44.77
Entered today. Nice volume as CMTL rode RIMM's coattails early in the session. We moved in and CMTL surged higher, but it reversed with the market and closed flat. Still going to hang with it and let it continue the strong Thursday breakout move.
CTRP 05/26 Test BO 78.63 +2.58 76.38 89.95 421K 425K 76.11
Current. Excellent break higher Friday on strong volume after a nice, low volume pullback to the 18 day EMA. Excellent return to the upside by another Chinese net stock.
CVX 06/25 PreAnn 84.24 +0.06 83.98 99.95 11M 10M 83.08
Current. Gapped higher once more but as with Thursday CVX could not make all of the move stick. Solid stock and with this move over resistance we are looking for a further advance this week.
DE 06/26 PreAnn 120.74 +1.36 122.25 139.95 1.8M 4M 119.55
Buy Not Hit. Sold back this past week from that breakout the prior week. Managed to hold the 18 day EMA on the Friday close. This is where it makes its move, or not. Looks quite solid.
DLTR 06/27 Test 50 43.55 -0.78 44.85 52.95 1.3M 1.4M 42.77
Buy Not Hit. Nice break higher Wednesday but it could not follow through with the move to end the week, testing the 10 day EMA on the Friday close. Still set to make the move.
DO 05/26 Test BO 101.56 +0.73 96.65 111.50 1.9M 3.5M 104.92
Current. Up and down week but closed over the 10 day EMA. The up and down action helped work off some froth even as DO held near support. In good position to continue higher, and if it does break to the upside on strong trade we will once again look at more positions.
DO 05/01 Test BO 101.56 +0.73 88.18 99.95 1.9M 3.4M 104.92
Current.
FCX 06/21 Test 18 82.82 +0.50 83.02 99.95 6.9M 10M 79.55
Current. Wild week highlighted by a quick 1-day run to the 50 day EMA and then an immediate surge back up. It closed out the week over the 10 day EMA, none worse for the wear and still ready to move higher.
FCX 06/06 Test 18 82.82 +0.50 77.12 87.00 6.9M 12M 82.22
Current.
FCX 05/23 Asc Bse 82.82 +0.50 74.45 85.00 6.9M 12M 82.22
Current.
FFIV 06/13 Asc Bse 80.60 -0.24 85.40 98.95 617K 1.8M 82.22
Current. FFIV made a run to the 50 day EMA of its own Wednesday, rebounding from that in one session. It stalled out at some resistance at 82 and continued to struggle below that level to end the week with three taps at that level. Will give it this week to hold 80 and make the break back through.
FLIR 06/11 Test 50 46.25 +0.11 42.43 49.95 843K 940K 44.22
Current. Great week for FLIR as it rallied with a new breakout that sent it up every session of the week. Doji Friday after the week's rally so it might try to test some but no issue with that as it is in a nice trend following the breakout.
GES 06/16 FlyPlat 48.04 -0.49 48.08 57.75 1.2M 2.2M 46.95
Buy Not Issued. Guess just wasn't quite ready to make the move. Low volume all week as it worked laterally over the 18 day EMA. Set up well, just letting the move come to us to take the guesswork out of it.
GME 06/21 Test BO 39.10 -0.82 40.57 48.75 1.8M 2.5M 38.57
Buy Not Hit. It was ready . . . ready . . . ready, but it was not the week to make the next move. It faded to test the 18 day EMA Friday on low volume but that still keeps it in good position to continue the break back to the upside.
GME 05/24 Test 18 39.10 -0.82 37.01 42.45 1.8M 3.5M 38.54
Current.
GMRK 06/25 DB hdl 51.22 -0.66 53.78 64.50 233K 385K 51.31
Buy Not Hit. Still working on its 8 week base that is consolidating the nice 8 week surge up the 18 day EMA. Setting up nicely and just being patient for the next breakout move.
GOOG 06/23 Cup hdl 522.70 -2.30 530.70 578.00 3.9M 7.5M 524.88
Current. Big start to the week, continuing the prior week's gains. It then gapped lower Wednesday and struggled to close the week but held the 10 day EMA. Nice set up to continue the run following the breakout. This is just its second test so it still has plenty of upside room to run.
GRMN 06/05 Test BO 73.97 +0.55 65.42 75.35 1.6M 2M 72.38
Current. Big surge higher Wednesday off a 10 day EMA test. That took it to yet another new high. Friday it showed a doji, coming back some on lower volume. Big move the past three weeks so it will test at some point but just letting it run as long as it will.
GSOL 06/09 Test BO 22.68 +0.69 22.10 26.45 415K 300K 21.00
Current. Very volatile early in the week with a dive to the 50 day EMA on Tuesday but roared back to close the week at a new 6.5 year high. Solid volume as it made the run back up.
HANS 06/27 Test BO 42.98 -0.47 44.44 52.95 867K 2.1M 42.11
Buy Not Hit. Still making the test of the breakout, holding the 18 day EMA and in good position to resume the breakout move. Just being patient and letting it show us the next break higher to step in.
HRS 06/28 Test BO 54.55 -0.07 54.85 63.00 798K 1.2M 52.95
Buy Not Issued. Gapped higher but had no trade on Friday. Closed flat but still in good shape after that Thursday bounce off the 18 day EMA. Need to see the trade pick back up.
HURN 05/10 PreAnn 73.01 -0.05 67.14 76.95 245K 350K 70.57
Current. HURN is still trying to give us the clear breakaway. It broke higher two weeks back, clearing its base but then came right back to test. It bounced again but once more no clean break.
IBM 06/26 Rev HS 105.25 -0.70 106.89 119.95 7M 12M 103.95
Buy Not Issued. Ended the week with a pair of dojis at the 18 day EMA, still working on the right shoulder to its short base setting up the new high.
ICE 06/23 Test BO 147.85 -0.94 150.61 182.95 1.6M 4.5M 144.55
Current. Dumped to the 50 day EMA last week as did many stocks. ICE bounced but then could not get past 150. Needs to make that move this week and make it stick.
ICE 06/12 Cup hdl 147.85 -0.94 151.88 173.95 1.6M 5.8M 153.31
Current.
MA 06/21 Test BO 165.87 +1.24 166.68 185.00 2.6M 5M 162.25
Current. Tested the 18 day EMA intraday on Wednesday and reversed, continuing its modest recovery on into Friday. Still in a very solid uptrend along the 10 day EMA.
MA 06/12 Test 18 165.87 +1.24 148.15 169.75 2.6M 4.5M 162.11
Current.
MBT 06/25 Cup hdl 60.57 +0.86 61.41 71.50 1.5M 2.4M 58.45
Buy Not Issued. Gapped higher on some stronger, average volume, but it was all over the map both up and down before closing with a modest gain. Very solid pattern and the Friday volume looks to foreshadow a breakout to come this week.
MICC 05/29 PreAnn 91.64 -1.74 86.55 99.95 341K 800K 89.89
Current. After the good surge two Fridays back MICC spent the entire week working laterally above the rising 10 day EMA. Looking for it to make a strong break from this rather tight lateral move.
MON 06/21 Test BO 67.54 +0.86 68.52 78.75 5.6M 4.7M 65.38
Current. Volatile week as MON gapped lower Wednesday and tested the 18 day EMA on the low before rebounding. It continued higher to end the week but still has to get over 68 to clear the two week range it has built for itself.
MON 06/13 Dbl btm 67.54 +0.86 63.22 72.75 5.6M 4.3M 65.77
Current.
MTOX 06/26 DB hdl 29.30 -0.30 30.02 35.98 191K 400K 27.92
Current. Continued its move up the 10 day EMA this past week, testing that level midweek and then running higher on stronger volume.
NSM 06/21 Cup hdl 28.27 -0.04 28.79 33.00 5.8M 9M 27.50
Current. After the strong Thursday move on solid volume it tested Friday on very light, below average trade. Nice bounce off of the 10 day and after that Friday rest it is ready for more.
OMNI 06/12 Test BO 11.22 +0.13 12.10 14.55 254K 750K 11.72
Current. Hard tumble Tuesday to the 50 day EMA, then another reach lower Wednesday followed by the rebound. Closed out the week at the 50 day. This is where it has to make its move.
PCLN 06/23 Test BO 68.74 +4.47 65.08 74.95 1.7M 1.4M 62.78
Buy Not Issued. Upgraded and gapped sharply higher on strong, above average volume. We decided not to chase it, looking for a fade to start the week and give us an entry. That was a big gap so a bit of a fill is likely.
PPDI 06/26 Test BO 38.27 -0.40 38.45 44.45 737K 1M 37.21
Current. Nice run higher last week though it alternated between up and own sessions. The price/volume action, however, was just right, i.e. higher on the upside sessions, lower on the downside sessions.
RIG 05/29 Test BO 105.98 +1.37 98.30 109.75 4.1M 7.5M 106.88
Current. Volatile was the word for RIG last week as it tested its strong June move, gapped lower Wednesday on a downgrade but reversed intraday, and then wandered laterally on lower volume to end the week. Still in the uptrend and letting it work for us, but the volatility has caught our attention.
RIMM 06/06 Test BO 199.99 +34.40 170.35 193.95 30M 7.2M 194.95
Target Hit. Massive gap higher on massive volume given the massive earnings beat and 3:1 stock split. Huge move so took half of the gain on our options and letting the rest run for us.
RL 06/18 Asc Bse 98.11 -0.53 97.12 109.55 591K 1.3M 97.38
Current. Good bounce Wednesday off the 18 day EMA test then fading Thursday and Friday to the 10 day. Still in an excellent pattern and after this higher low at the 10 day EMA it is ready for the next break higher.
SLB 06/20 Test BO 84.94 -0.61 87.65 99.95 12M 9.5M 86.22
Current. After the surge the prior week SLB tested this past week. Wednesday it looked ready to surge again with that strong volume bounce, but it struggled to close out the week. Held the 18 day EMA on the low and in the bigger picture is still in excellent position to continue its breakout run.
SLB 05/26 Test BO 84.94 -0.61 80.25 91.95 12M 10M 86.88
Current.
SLB 05/15 Test 50 84.94 -0.61 76.52 87.85 12M 10M 86.88
Current.
SPIL 06/20 DB hdl 11.00 -0.16 11.40 13.78 1.8M 2.5M 10.82
Current. Solid surge early in the week but Wednesday it turned down. Held the 10 day to end the week and it is set up well to continue the move.
SPWR 06/19 Cup hdl 63.05 -0.30 59.60 71.45 957K 2.3M 62.38
Current. SPWR just could not get it back on track last week following that huge run the week before. It moved laterally along the 10 day EMA (61.52) bumping against 65 all week. Considering the market was selling, this lateral move setting up the next break higher was quite nice.
TRMB 05/31 Test 50 32.20 -0.11 31.10 35.99 611K 650K 31.55
Current. Edging higher up the 10 day EMA as TRMB is putting in new highs but it is not making a breakaway move. Slow and steady in this weak market is not that bad.
VCLK 06/23 Dbl btm 29.46 +0.45 30.45 36.55 2M 4.5M 28.45
Buy Not Hit. Still moving laterally at the 90 day SMA. Made 2 runs above the 50 day EMA (29.47) Thursday and Friday but could not hold the move. Like the action. Just have to be patient and let it show the move.
VIP 05/30 Test BO 105.36 +0.97 107.05 121.95 746K 1.2M 103.89
Current. Spent all week testing the blast higher two weeks back. Worked laterally along the 18 day EMA while the market sold; not bad action given the market selling and VIP is still set up well to continue the move.
VSEA 06/21 Test 50 40.06 -0.28 42.42 49.65 1.2M 3M 40.28
Current. The surge higher faded this past week, coming back to the 50 day EMA (40.04) on lower volume where it held to close out the week. Okay, so now it is ready to move again.
WFR 06/27 Test 50 61.12 -0.03 62.05 71.95 3.5M 8.2M 56.96
Buy Not Issued. Surged Wednesday on nice volume then spent Thursday and Friday moving laterally on low, below average volume. Forming something of a handle here and just going to wait for it to make the break higher.
WNR 06/09 Test BO 57.80 +1.29 51.25 60.95 1.3M 1.3M 55.18
Current. Good week for WNR despite the market selling and the downgrade of the refiners. It tapped the 18 day EMA on the low and recovered to move to yet another new high Thursday and Friday on some pretty solid volume as well. Letting it milk this move for all it is worth.
WNR 05/15 Asc Bse 57.80 +1.29 42.46 49.95 1.3M 1.2M 55.18
Current.
XRAY 05/29 Test BO 38.26 -0.02 36.91 42.95 925K 950K 37.45
Current. Excellent move the past week, surging off the 10 day EMA on strong volume. Friday it was flat, showing a doji but on lower volume, nothing that will threaten the move this week.
XTO 06/09 Test BO 60.10 +0.39 61.05 61.05 2.9M 5M 61.57
Current. Tough week for XTO. It could not hold the 10 or 18 day EMA test and then fell to the 50 day EMA (58.65) Tuesday and Wednesday. It bounced and closed out the week just below the 10 day EMA. Showed some life but needs to show us a new surge off this key support.
XTO 05/17 PreAnn 60.10 +0.39 57.72 66.75 2.9M 4.5M 61.57
Current.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
XLU 06/11 Put 39.58 +0.31 39.35 37.85 11M 1M 39.15
Current. Bounced back up to test the 18 day EMA to close out the week. This is where it failed on the last bounce higher and we are looking for it to do the same thing this time around.
End part 2 of 3
|
us stock market
trend trading stock
|
