|
|
stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS
Good movers: BIDU; BTJ; CLF; CTRP; FFIV; GME; GRMN; ICE; PCLN; RIMM; RL; WNR
New Plays:
Upside:
Play Date: 07/05/2007
HPQ (Hewlett-Packard--$45.90; +0.32; optionable): PC's, printers, etc.
http://biz.yahoo.com/p/h/hpq.html
EARNINGS: 8-16-07
STATUS: Test 50 day EMA. After a strong break higher to start May, HPQ surged up to 46 on the high. It came back to test and consolidate that move to end June, holding above the 50 day EMA (44.60) on the close. Bouncing back up this week, approaching the prior highs (46.29 intraday) though on lower volume. A technology leader, looking to step in as HPQ makes the breakout move with some volume.
Volume: 8.795M Avg Volume: 13.964M
BUY POINT: $46.32 Volume=20M Target=$53.32 Stop=$44.48
POSITION: HPQ KI - Nov. $45c (62 delta) &/or Stock
http://www.investmenthouse.com/ct/hpq.html
Play Date: 07/05/2007
TK (Teekay Shipping--$59.67; +1.47; optionable): Shipping
http://biz.yahoo.com/p/t/tk.html
EARNINGS: Announced 5-9-07
STATUS: Double bottom w/handle. Volume surged Thursday as TK broke higher from its 8 week base that formed using the 90 day SMA (56.72) as support for both of its legs. The nice short base is consolidating the late January breakout from a 2 year base. Very nice action with the base, and an excellent break higher. Looking to move in as TK continues its move.
Volume: 1.226M Avg Volume: 486.046K
BUY POINT: $60.21 Volume=500K Target=$69.45 Stop=$57.65
POSITION: TK JL - Oct. $60c (54 delta) &/or Stock
http://www.investmenthouse.com/ct/tk.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 investment information
|
