|
|
us stock market, trade stock
Begin part 2 of 3
****
NOTE: Part 3 containing new plays will be forwarded later today.
****
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
ABAX 10/31 Test BO 31.86 -0.39 30.94 36.95 311K 365K 30.77
Current. Pullback Friday in the downside market trend late this week. Had low volume to give a doji in the step lower after some great, above average volume Thursday in the move higher. ABAX holding up extremely well here against the rough market selling close to the week.
ASIA 11/05 Test BO 10.74 -0.68 11.69 14.85 471K 750K 10.87
Current. Held a light pullback in the market selling Friday with rising, below average volume as ASIA continues its test this week. Downside momentum begins to fade here as ASIA looks to start upside again soon, especially with the help of the relief bounce coming next week.
ATHR 11/06 Test BO 32.00 +0.16 32.78 41.95 2M 1.8M 31.55
Buy Not Hit. ATHR went through some rough intraday selling but managed to recover through the session and close with a short step higher. Held above average volume on the impressive move in the downside action Friday, ready to enter on a stable recovery move.
CLR 11/08 Test 18 23.45 +0.21 23.68 28.45 429K 650K 22.21
Buy Not Issued. Continued upside with a quiet step higher Friday in the lat week rebound for CLR. Has fading, already below average volume and looks to test/rest soon with upside momentum fading. Watching to see how CLR handles the market relief bounce next week for the buy point.
CMED 11/01 Test BO 39.73 -1.41 44.53 52.65 837K 1M 42.88
Current. Gapped low Friday and rallied higher intraday but could not hold the move and closed under the 50 day EMA. Did not like that, but it held above the October lows so left it alone to see how it handle next week, if it bounces again toward 42.50 and stalls we will exit.
CTDC 10/17 Test BO 7.88 -0.24 9.81 12.00 226K 2M 9.12
Current. Met the 50 day EMA on the low and held the average with low volume at the close. Looks to start upside from here from the low selling volume at key support.
CTRP 10/17 Test BO 59.39 -3.09 52.65 62.95 1.2M 1M 60.12
Current. Still in some volatile movement, CTRP returned to the 59s near the 10 day EMA with trade levels falling back near the average level in the selling. In pretty good shape at the close of the week, looking to continue its uptrend from late October some more into next week. Great earnings Thursday as we took some gain on the session, now just letting it test into next week.
DE 11/08 Test BO 153.03 -4.88 158.38 162.95 2.8M 2.8M 153.88
Buy Not Hit. Continued its pullback to meet the 18 day EMA on the low Friday with rising, above average volume. In a short Asc bse from late October and looks to make its next bounce higher soon off the key 18 day EMA. Watching for buy points next week.
EJ 11/01 Test BO 24.11 -3.37 28.88 39.95 1.8M 1.2M 26.95
Buy Not Issued. Gapped on the low through a rough second session late this week for EJ. Had to take this one off the table as it closed beneath the 50 day SMA.
EJ 10/20 Test 18 24.11 -3.37 29.71 35.95 1.8M 1.4M 33.21
Exited. Gapped below the 50 day EMA and just could not recover through Friday so we sold it.
ESRX 11/07 Test BO 62.22 -1.82 64.28 74.95 2.5M 2.6M 62.97
Current. Met the 18 day EMA on the low in the test of the early November high. Has rising, above average volume Friday and looks to bottom soon along the key average in the low 60s.
ESRX 10/11 Test BO 62.22 -1.82 58.50 69.95 2.5M 2.5M 62.97
Current.
FCX 10/13 Test BO 109.61 -1.99 117.92 134.95 13M 12M 114.04
Current. Doji on the low with a pullback in volume. Thursday saw much higher volume on the upside which looks to be a good sign of FCX starting upside again soon after this short pullback in the market trend.
FTEK 11/07 Rev HS 28.64 -1.63 30.32 36.42 669K 1.1M 28.48
Buy Not Issued. FTEK just could not stand up against the hard market selling Friday as it fell through the 200 day SMA on rising, below average volume. Was not even close to what we wanted to see for the entry point and had to be taken off the table Friday.
GLDN 10/30 Test BO 101.11 -0.26 102.62 119.95 367K 490K 98.78
Current. Sold back to the 18 day EMA but recovered through the session to close flat on above average volume. Still resting at the bottom of its test and just needs some stronger volume to get the move going upside again.
GLDN 09/05 DB hdl 101.11 -0.26 73.36 83.95 367K 589K 104.92
Current.
HK 11/06 Test BO 17.76 -0.33 18.89 22.75 1.5M 1.7M 17.89
Buy Not Issued. Held average volume to post a doji in continuing its late week downside movement, selling below the key 18 day EMA. Had to drop this one from the table, but keeping an eye on it from here as it nears the key 50 day EMA and the October lows as support.
ICE 11/05 Test BO 165.44 -5.61 177.57 199.95 1.6M 2.5M 171.69
Current. Gapped lower and held above the Thursday intraday low on low volume. Watching closely here to see if it rebounds next week in a possible market relief bounce.
IDC 10/25 Cup hdl 31.11 -0.12 31.63 36.95 484K 300K 30.56
Current. High volume in the short pullback Friday to hold the key 18 day EMA as IDC runs in the market flow late this week. Expecting IDC to resume the Cup hdl higher again soon as IDC bottoms near support in the low 30s.
ININ 11/03 Test BO 24.06 -0.64 26.84 32.31 165K 300K 25.78
Current. Continued its fade lower in the test of the early November high as ININ closed just below the 18 day EMA Friday. Nice job holding near support and with the fading, already below average volume ININ looks to bottom in the test soon.
KCI 11/06 Asc Tri 59.00 -1.00 63.15 72.95 1.3M 1.1M 60.97
Buy Not Hit. Gave a doji at the 90 day SMA in the selling Friday as KCI continues its late week pullback on rising, above average volume. Looks to make its next move higher soon as it holds at the key 90 day SMA along late October support and watching for the buy point from there.
MR 10/27 Test 50 34.15 -2.40 40.00 47.95 1.7M 1.2M 37.97
Exited. Hard gap lower on high volume to sell beneath the key 90 day SMA at the close. Was time to let this one off the hook Friday after the hard selling session.
NDAQ 10/20 Cup hdl 41.24 -4.16 41.68 49.88 11M 3M 46.65
Current. Gapped lower to the 50 day EMA on explosive volume as a big shareholder sold out. Gap left us nothing to work with, and this kind of news is usually not the kind that kills a stock just happened on a bad day for NASDAQ stocks.
NYX 11/01 Test BO 88.17 -1.71 91.29 99.95 4.6M 7M 89.32
Current. Doji at the 18 day EMA to hold the support at the close, selling on below average volume Friday. Nothing too frightening here for NYX as it continues along the bottom of its test at the 18 day EMA in the upper 80s. Impressive, stable movement considering the harsh selling in the market late this week.
NYX 10/23 Cup 88.17 -1.71 88.85 99.95 4.6M 5M 91.94
Current.
PCLN 10/30 Test 50 103.68 +19.41 91.08 99.95 7.7M 1.2M 100.88
Target Hit. Took some gain on the earnings gap higher Friday as PCLN surged upside through the session with explosive volume. Likely to test some from here, but otherwise letting this one move higher if it will. Nice.
RIG 11/08 Test BO 125.36 -1.15 127.05 142.00 6.9M 7M 122.65
Buy Not Issued.
RIG 09/25 Cup hdl 125.36 -1.15 113.85 126.95 6.9M 8M 127.21
Current. Continued the test lower with some minor selling Friday on fading, above average volume. Expecting a bottom soon as volume fades and RIG nears the key 10 day EMA(123.33).
RIG 09/11 PreAnn 125.36 -1.15 109.95 126.95 6.9M 10M 127.21
Current.
RIO 10/27 FlyPlat 35.70 -1.26 36.98 44.65 27M 34M 35.88
Exited. Posted some light selling on above average volume and decided to get out of this one here as a precaution. Ready to jump back in however, if it shows the bounce upside on some stronger volume.
SCSC 11/05 Test BO 33.68 -0.81 34.89 41.95 165K 375K 33.35
Buy Not Issued. Doji at the 18 day EMA to hold key support in the test after the market selling took SCSC a bit lower in its test. Holds below average volume and looks ready to rebound soon, watching for the buy points once SCSC shows some upside action.
SGR 10/31 Test BO 71.45 -2.32 75.57 85.89 1.3M 1.7M 73.38
Current. Doji in the gap lower Friday as SGR continues its test with above average volume. Met the 18 day EMA on the low and looks to bounce upside soon off the key support, especially with the market relief bounce expected to hit next week.
SLT 10/23 Asc Bse 23.61 -1.14 22.88 26.98 2.7M 2M 24.77
Trailing Stop. Continued to take the selling lower past the 10 day EMA Friday on high volume and hit the stop loss point. We took the gain off the table as a precaution, but it held the 18 day EMA on the low and if it can bounce on volume we will look at new positions.
STLD 10/22 Rev HS 49.58 -2.31 53.22 62.55 1.9M 2M 52.88
Current. Sold below the 18 day EMA on rising, above average volume. Needs to hold the line here at the recent lows along the upper 40s or we will close it.
STR 10/25 Cup hdl 54.68 -1.18 55.77 63.75 839K 1.3M 55.38
Current. Sold some more through Friday, but with relatively decent strength compared to the rest of the market and had below average volume. Left it to see how it handles next week, but needs to hold here or we will exit.
TDG 10/29 Test BO 42.55 -2.15 46.25 55.45 125K 250K 43.88
Buy Not Hit. Weathered some rough selling Friday on below average volume to fall through the key 50 day EMA and near the 90 day SMA. Definitely not the move we wanted to get in on as TDG was dropped from the table to close the week.
TGB 10/20 Test BO 5.73 +0.03 6.07 8.29 1.1M 1.9M 5.77
Current. Sold lower but recovered intraday Friday on below average volume as TGB posted a quiet step higher. Looks to have bottomed in the test and expecting some upsides into next week from here.
TISI 10/25 Test 18 32.46 -0.27 31.38 37.38 173K 200K 32.45
Trailing Stop. Very volatile and took the safe rather and sorry approach into the weekend. Still in pretty decent shape and if TISI shows some upside movement with higher volume we will look at new positions.
TKC 11/06 Cup hdl 25.21 +1.14 25.04 29.54 1.6M 1.5M 23.65
Entered today. One of the rogues running higher Friday, TKC showed some impressive upside movement in the session on above average volume for the buy. Awesome.
TLM 10/20 Rev HS 20.51 -0.47 21.63 26.75 4.9M 4.5M 20.84
Current. High volume but tapped the 50 day EMA on the low and was rebounding nicely so let it run into next week. Tapped the 50 day EMA on the low intraday Friday to run in the market selling for the session. Rebounded nicely off the tap at the 50 day EMA, however, so let it run into next week.
VIP 11/08 Test 18 31.40 -1.45 33.04 39.85 5.9M 3.2M 31.11
Buy Not Hit. Sold back to the 18 day EMA to hold at the average at the close with high volume. Taking its time here making its way upside from the test, needing some stable upside movement for the buy point.
VIVO 11/03 DB hdl 30.94 -0.67 33.53 39.95 360K 500K 32.08
Exited. VIVO continued selling Friday after what looked to be the bottom in the Thursday hold at the key 18 day EMA. Market selling pulled it even lower however and it was just time to let this one go.
XRAY 11/08 Test 18 42.46 -1.53 44.39 51.95 1.7M 885K 42.72
Buy Not Hit. Went through some tough selling on high volume Friday but left this one on the table to see if it can hold key support at 42 dollars. Watching to see if it can bounce higher with strong volume from there for the buy.
Downside Plays
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
A 11/07 Put 33.39 -1.59 34.78 33.15 3.2M 2.2M 33.78
Target Hit. Took some solid gain(46%), letting half run. Letting the rest run lower as it is in a big drop. Solid downside action in this 2 day play. Downsides typically happen pretty fast before the run is over and the next one sets up.
ATI 11/07 HdShldr 95.74 +1.51 94.44 89.55 3.3M 2.5M 95.65
Buy Not Issued. Gapped lower, rebounded but then failed at the 18 day EMA. Will watch to see if it rolls over again.
End part 2 of 3
|
us stock market
trade stock
|
