Tom, here is my take on the following:
IIF IFN GCH SGF CLM
My analysis is based off monthly and weekly charts.
IIF- monthly supports a real nice up trend that has been taking place since mid 2004. Weekly shows the stock testing upper range of a 5-week base. Break out players may enter on clearing of this base. I see no entry at this time and I don’t play breakouts. If I owned it I’d have stop under base. I see possible upper target (based off base) around 62.53. If IIF drops out of the base downside target around 43.85. Depending where you entered at I’d see a caution sign if current base is violated. A huge red flag would be a crack under 43.85..
IFN- monthly supports nice up trend running from May 05. Weekly shows a breakout of an 11-week base. I see no entry at this time and see weekly price objective or target was met. I’m bull on it and would remain bull until top of base is violated.
GCH- monthly chart has a symmetrical look to it, although it may not be textbook. Currently breaking out on the monthly and in new high ground.
Weekly shows some booming action and it coincides with the upper trend line from the monthly. Nice breakout… Not sure on upper target..
SGF- currently showing some acceleration off the monthly, and making new highs. Weekly is also booming and I see no entry yet. If your in it great job….
CLM- monthly appears to be in a downtrend and is currently consolidating. Weekly is running flat and appears interest is lacking based off weekly bars. I would consider a bust over 7.83 as bull move.
IIF IFN GCH SGF CLM
My analysis is based off monthly and weekly charts.
IIF- monthly supports a real nice up trend that has been taking place since mid 2004. Weekly shows the stock testing upper range of a 5-week base. Break out players may enter on clearing of this base. I see no entry at this time and I don’t play breakouts. If I owned it I’d have stop under base. I see possible upper target (based off base) around 62.53. If IIF drops out of the base downside target around 43.85. Depending where you entered at I’d see a caution sign if current base is violated. A huge red flag would be a crack under 43.85..
IFN- monthly supports nice up trend running from May 05. Weekly shows a breakout of an 11-week base. I see no entry at this time and see weekly price objective or target was met. I’m bull on it and would remain bull until top of base is violated.
GCH- monthly chart has a symmetrical look to it, although it may not be textbook. Currently breaking out on the monthly and in new high ground.
Weekly shows some booming action and it coincides with the upper trend line from the monthly. Nice breakout… Not sure on upper target..
SGF- currently showing some acceleration off the monthly, and making new highs. Weekly is also booming and I see no entry yet. If your in it great job….
CLM- monthly appears to be in a downtrend and is currently consolidating. Weekly is running flat and appears interest is lacking based off weekly bars. I would consider a bust over 7.83 as bull move.
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