|
|
stock recommendation, stock market report
Begin part 3 of 3
Full report issues Wednesday
THE PLAYS
New Plays:
Upside:
Play Date: 07/24/2007
MIL (Millipore--$79.38; -0.09; optionable): Life science technology and services for development of drugs, vaccines, etc.
http://biz.yahoo.com/p/m/mil.html
EARNINGS: 7/31/2007
STATUS: Breakout test. MIL made a nice break higher two weeks back, moving out of a 21 week ascending base on strong volume. It rallied to 80 and then tested, holding at the breakout point last week and then starting back up. Tried to make the break Monday but could not hold the move. Just a matter of time given its strength in the weak market.
Volume: 639K Avg Volume: 483.133K
BUY POINT: $80.28 Volume=700K Target=$91.95 Stop=$77.88
POSITION: MIL JP - Oct. $80c (54 delta) &/or Stock
http://www.investmenthouse.com/ct/mil.html
Play Date: 07/24/2007
SPWR (SunPower Corp.--$67.93; -2.61; optionable): Solar electric power products
http://biz.yahoo.com/p/s/spwr.html
EARNINGS: Announced 7-19-07
STATUS: Test 18 day EMA. Looking at SPWR once more as it has held the 18 day EMA (66.97) following the late June breakout and run from a short 7 week cup base. Monday it surged higher on solid volume and then faded back on Tuesday, but on low volume. Set up nicely even in a weak market and looking to move in as SPWR turns back toward the sun.
Volume: 1.559M Avg Volume: 1.646M
BUY POINT: $70.65 Volume=2M Target=$80.95 Stop=$66.77
POSITION: QSU LN - Dec. $70c (55 delta) &/or Stock
http://www.investmenthouse.com/ct/spwr.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
|
