trade stock, stock recommendation

Begin part 3 of 3

THE PLAYS:

Upside:

Play Date: 12/18/2007
APA (Apache--$102.90; +1.87; optionable): Independent oil and gas
http://biz.yahoo.com/p/a/apa.html
EARNINGS: 1-31-07
STATUS: Double bottom w/handle. Used the market selling and turbulence to set up the current 7 week base formed using the 50 day EMA (97.73) as support. Nice volume last week as it moved higher to finish the right leg, and then very low, below average trade this week as it forms the handle, holding near support at the 18 day EMA (101). Very nice base has set up to send it to a new all-time high.
Volume: 2.72M Avg Volume: 3.503M
BUY POINT: $104.55 Volume=5.3M Target=$120.45 Stop=$100.91
POSITION: APA DA - Apr. $105c (48 delta) &/or Stock
http://www.investmenthouse.com/ct/apa.html

Play Date: 12/18/2007
APC (Anadarko Petroleum--$61.85; +0.43; optionable): Independent oil and gas
http://biz.yahoo.com/p/a/apc.html
EARNINGS: First week of February 2008
STATUS: Breakout test. Nice surge to start December as APC moved out of a 4 week double bottom base that formed using the 90 day SMA as support for the two legs. It came back in the selling Friday and Monday, holding at the 10 day EMA (61.35), showing a doji Tuesday at that near support. Nice break to a new high and this test is setting up a great entry point. Like tests of breakouts in this kind of market as the move back up on stronger volume shows buyers coming back in at a higher price.
Volume: 4.009M Avg Volume: 4.343M
BUY POINT: $62.44 Volume=4.5M Target=$71.95 Stop=$60.97
POSITION: APC BL - Feb. $60c (64 delta) &/or Stock
http://www.investmenthouse.com/ct/apc.html

Play Date: 12/18/2007
GMCR (Green Mountain Coffee Roasters--$40.14; +3.72; optionable): Coffee
http://biz.yahoo.com/p/g/gmcr.html
EARNINGS: 1-31-07
STATUS: Cup w/handle breakout. Volume jumped Tuesday as GMCR made the break from its nicely formed 10 week base. Textbook action from this stock you would not suspect to be such a growth monger. Looking to move in as it continues to percolate higher.
Volume: 353.939K Avg Volume: 269.286K
BUY POINT: $40.54 Volume=300K Target=$48.88 Stop=$37.88
POSITION: QGM CH - Mar. $40c (52 delta, 115 OI) &/or Stock
http://www.investmenthouse.com/ct/gmcr.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.

trade stock
stock recommendation