SEASONALITY STOCK REPORTS

[Waschbaer]

Cats – CLZR is worth one’s attention. It seems to be sending a strong message. From a weekly perspective CLZR is in an uptrend. The weekly ADX is rising. Granted, that can be late as signals go, but there it is. Of course, price drives the indicators, and not vice versa.

There are a couple of ways to measure consolidation and CLZR was doing just that on the daily chart – except that last Friday somebody stepped up to the buffet before it closed. The volume wasn’t exceptional but a close above the BB(21) (daily and weekly chart) and the BB(34) (daily) is nothing to be yawned at.

Blasher is right. Just buying the thing in cold blood is probably not the strategy of choice. Yes, waiting around entails the risk of missing a rocket that’s lifting off, but lost opportunity is easier stomach than lost money. So if CLZR, it fails.

$10.75 looks like an interesting level, doesn’t it? Price ran into trouble there (one) and even got knocked down briefly (two) and now maybe (three) is a charm?

Thanks for drawing attention to CLZR, I’ll be keeping an eye on it. And as people filter back to their computers tonight and start running scans, maybe they’ll notice it as well.