For that bullish feeling, check out RINO which has traders charging

When Trader Brian who's posting nowadays at the UBTNB3 site (see links and site feed at right) and tweeting - under the moniker, "kalkgrun" - first mentioned RINO, I'll admit I thought it was a biotech probably focused on flu prevention or remedies. Might be a waste of the name, except that this China-based maker of waste disposition, environmental protection equipment has traders charging ahead like rhinos! A rhinoceros has bulk like a bull, and its stubborness helps it charge and break through with just one massive horn (compared with a bull's two). It's Rino International (Nasdaq: RINO). Brian tweeted again today about volumes, so check those out on the daily and weekly charts below.

So you say, it's too late and the money's been made after it zoomed up from a penny? Well, Investor's Business Daily likes the fact it's built a base at/above $12 - read Paul Whitfield's article on this, at http://finance.yahoo.com/news/Rino-Shaping-Its-First-Base-Above-$12 (9/22/09). Holding this stock as a position underpinned by this base therefore also makes sense as a KI$$ position too! Browsing about, I also learned that the Motley Fool folks like RINO because of insiders buying and holding substantial stock in it. From an Elliott Wave perspective we should allow for the possibility that it's embarking on a large third wave up to come. If that's the case, then it really should not fall under $11 or $12, so that's a logical area to stop out if the situation changes. Interesting that the parabolic SAR just turned positive on the weekly - but it isn't my favorite indicator so let it just be part of the positive indicators. So thanks Brian "kalkgrun" - the volumes generated as traders charge into RINO may be signaling that this beast will be charging ahead for a long time to come ...!