Runner's Rascals

[Runner]

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.

[Runner]

Following groups have outperformed the S&P500 from last swing low

[Runner]

Well, time to purge my list. I’ll dump every stock and start over again and begin running scans on a nightly bases. By doing this I’ll let my scans show me the areas of focus. Running sector scans has returned metals or commodity stocks for a while. Problem is where are the other sectors and why have they not participated in the rally? Is this a late stage run in the cycle? Strange how well commodities have been doing don’t ya think?

[Runner]

ZUMZ- triggers short on breach of Thursdays low
CAL- gap down from highs
NUS- gap down with bear flag rejection @ gap, trigger short under Thursdays low

[Runner]

Pretty nice set up here the only thing I don’t like is the huge wide range bar.

[Runner]

Watch list of a few that are in P/B mode and may trigger short

CTRN CFK SUPX SOHU DECK SKX SYNA BYI GLBL LQDT KFRC

[Runner]

Watch list of a few that are in P/B mode and may trigger short

CTRN CFK SUPX SOHU DECK SKX SYNA BYI GLBL LQDT KFRC

Few triggers out of these few..

[Runner]

deck looking good

[Runner]

byi trying off trigger line

[Runner]

[Runner]

Possible S/H/S in SWIR. If neck crack I expect a return into the gap.. with possible target in the 14's

[Runner]

Advacing/declining volume

Nasdaq

Up=4,106,599
Dn= 4,151,008

NYSE

Up=3,714,922
Dn=2,606,491

[Runner]

SYNA trying to trigger Line @ 24.50

[Runner]

Gotta run folks have a great week..

[Runner]

Well the Rally Friday had these shorts looking rough. Caution is needed shorting at this time and if one does short now they might wish to lock it in and take it off the table quickly. Oversold and due for the much expected bounce but what direction is the trend in? Still searching shorts and I will not play the bounce..

I’m going to keep an eye on CTRN if it nears the 78.6 fib line. It might give another leg out but we shall see.