Runner's Rascals

I think ZOLT looks pretty good again above today’s highs.

I like PXJ (oil services ETF) above 19.80. Energy looking pretty good today

PEIX looks good to me. Also PBW as a basket for alternative energies. Oh I should also mention FRD been running since last post on it!!

Nice pop out today in both peix and pbw. I do own pbw and wish I'd caught peix..

And price is below the 200DMA. Many institutional investors steer clear of a sector or goup when it's trading below a major moving average.

I could care less where the 200, 50, 20 or 100-day moving averages are Dave. Price is the primary indicator and volume is secondary. Well at least according to Mr Dow…

Nothing bullish about it trading below its 200DMA. The trend channel has been lower almost the entire year.

I’ve got a bullish tone on SMH as it seems to be sitting near what I’d call triple support. It has also pulled back to its lower channel line and I’d expect a move up from here. If this general area is violated then I’d leave it alone. Remember support and resistance lines are approximate and not exact. I think SMH might offer a low risk entry here with a target back to prior highs. We shall see!!

Still bull on smh

Greetings Runner,

Your past post concerning NENG,as of today it loks like this.



I remember a close above 3.25 was bullish,how do you feel about it now?Is it possible retracing for another run,it looks like a gap needed filling.

cordially Tom

Tom, I'm bull on it to 2.70. It has been holding for now and I see no entry yet..

FRD @ 7.90

Wonder if frd will run??

Greetings Runner,

Your past post concerning NENG,as of today it loks like this.



I remember a close above 3.25 was bullish,how do you feel about it now?Is it possible retracing for another run,it looks like a gap needed filling.

cordially Tom

BONT triggers 33.00 Stop on it 30.01 and target 35.99 scale and trail!

BONT- 32.99 area is worth keeping an eye on. Stock near double support

BONT is nearing trigger zone!!

ATHR doing well it is day 4 from trigger. I missed this one off channel touch!!

SMH is doing well today!!

BONT nearing trigger zone..