HI Reid,
Those are some beautiful setups.
In order, the short interest on these stocks is:
UNTD 5.1 KLIC 4.3 DSCO 3.9 WGAT 3.7 TUNE 2.9 ARTG 0.05
It will be interesting to see if there is a relationship between the short ratios and how these perform over time. But, none of these are really excessive. I would say UNTD and KLIC are moderate, the rest about average or less than average (ARTG). If the short ratio affects performance significantly, the stock most likely to see an effect is UNTD, and the stock least likely to see an effect is ARTG.
Looking at the charts in different time frames, the ones I like best of this list are KLIC, ARTG, WGAT and TUNE.
Next, ELNK and DSCO.
UNTD is in a downtrend, with a big upside gap. The weekly chart shows two volume heavy candles in early August that will present strong upside resistance. So, of the stocks on this list, UNTD probably has less upside potential.
T |