Affymax Inc. (NASDAQ: AFFY) – Last week, I updated you on Affymax, the biotech company that I told you was showing a textbook “Gap Down” pattern, a sign that shares were due to move lower. Since then, the stock has fallen an additional 22.19% – giving Sleuth readers who bet against shares the opportunity to make a 31% total gain in the last two weeks. Shares could be bottoming now – if you haven’t already, I’d buy to cover your short position. And if you were able to scoop up a tidy profit on this stock, I want to hear about it! 
Renaissance Learning (NASDAQ: RLRN) – Educational software developer Renaissance Learning is posing an interesting chart pattern right now – one that’s not clearly bullish or bearish, but it still easily traded. Shares could be staging an ascending triangle pattern – which would send a “buy” signal on a move above $16.50 – or a triple top – which would send a “sell” signal on a fall below $14. Either way, there could be money to be made on this company.Minerco Resources (OTC: MINE) – Here’s an interesting trade: I told you that this stock was being pumped last week, and that the situation could prove to be profitable for traders, especially on the short side. Well, that turned out to be right – despite a large run-up last Monday, the days since have send shares down 20%. This play could have further to fall, but be very cautious with this issue; it’s extremely volatile and could spike on another pump attempt.
Rural/Metro Corporation (NASDAQ: RURL) – This isn’t the first time I’ve brought up Rural/Metro Corp, a private fire protection services business based out of Scottsdale, AZ. While this stock is currently stuck in a trading channel, recent consolidation activity in the upper end of the channel leads me to believe this stock could be on the verge of a breakout. Consider buying if shares close above the upper blue line.
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