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stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS:
New Pre-Announcement:
Play Date: 03/31/2008
CHD (Church & Dwight--$54.24; +1.17; optionable): Cleaning products
http://biz.yahoo.com/p/c/chd.html
EARNINGS: Early May
STATUS: Cup. Strongest volume spike in 5 months as CHD comes off of a higher low made while testing the 50 day EMA (53.28) following last week's break higher. A nice 16 week consolidation of a strong move in November. Like the higher low, the second one since it touched down early in the base at 50, tapping the 200 day SMA and rebounding. Love those higher lows building for the breakout to a new high.
Volume: 1.295M Avg Volume: 480.234K
BUY POINT: $54.48 Volume=700K Target=$62.65 Stop=$52.58
POSITION: CHD GK - July $55c (51 delta, 45 OI) &/or Stock
http://www.investmenthouse.com/cs/chd.html
Play Date: 03/31/2008
IIVI (Ii-Vi, Inc.--$37.98; +2.28; optionable): Scientific & technical instruments
http://biz.yahoo.com/p/i/iivi.html
EARNINGS: 4-22-08
STATUS: Cup. IIVI is in the process of breaking out from a 24 week cup base, bouncing up and down over the past two weeks, but moving higher as it does. Strong volume Monday as it cleared the recent highs, moving to a new all-time high. Excellent action and looking to move in as IIVI continues the move.
Volume: 525.172K Avg Volume: 238.36K
BUY POINT: $38.31 Volume=300K Target=$44.45 Stop=$35.98
POSITION: JIU GG - July $35c (69 delta, 127 OI) &/or Stock
http://www.investmenthouse.com/ci/iivi.html
Play Date: 03/31/2008
TMX (Telefonos De Mexico--$37.60; +0.78; optionable): Long distance character
http://biz.yahoo.com/p/t/tmx.html
EARNINGS: Early May
STATUS: Double bottom. Calling this a double bottom because it has made some lows in its 10 month pattern as well as a December peak that looks like the 'hump' in a double bottom base. Strong volume Monday as TMX comes off the 10 day EMA test, moving toward that December peak out of a short handle formed Thursday and Friday. Very interesting and after this long base it is in a very good buy point.
Volume: 2.868M Avg Volume: 1.932M
BUY POINT: $38.31 Volume=2M Target=$44.48 Stop=$36.11
POSITION: TMX HG - Aug. $35c (69 delta) &/or Stock
http://www.investmenthouse.com/ci/tmx.html
Good Investing!
Jon L. Johnson and your IH Alerts 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.
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stock recommendation
stock investment information
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