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Almaden Minerals Ltd. (AAU) has had quite a terrific price-volume surge recently. You can see on the chart a nice long base followed by a price-volume surge in December 2009, but that settled back down and never did follow through until recently. The Dec, Jan and May highs were exploded through two days ago as the stock gapped up. It pulled back but held the gap, and then today ran 41 cents or 28.67% on more than 2 million shares. That's strong volume for that stock. It closed right near overhead resistance, and there may be some additional resistance ahead us, up around 21/4. My near-term target is right there at that 2.30 range followed by secondary target up around the 3.35 range.

China Marine Food Group Limited (CMFO) as a result of earnings broke out and ran today, up 52 cents or 9 1/2%, trading 854,000 shares. That's the heaviest volume since June, but more importantly, the head-and-shoulders bottom that was formed, and which the price stuck its head above yesterday, was followed through nicely. Current short-term resistance around the 7 1/4 range is set as our short-term target, and then a retest of the Jan high at about 8.65. Long-term, however, looks like this could be a $10-12 stock.

Medicines Co. (MDCO) had a huge pop on heavy volume earlier this month when it ran from 9 to 15 1/2 in one day. It backed off, but now it's formed a steady rising flag. It looks like a retest of the high may be in order, but I have a secondary target up around 17-17 1/2.

7 Days Group Holdings Limited (SVN) is a newly mentioned stock today, a Chinese hotel-lodging firm that is a fairly recent IPO. Today it broke across the February, May, and early August highs on 516,000 shares, up 1.07 or 8%. This could be foretelling that a quick test is due of the Jan high at 15.25. If it takes that out, then perhaps something around 17 or 18 may be doable.

Additional Charts of the Day are Biovail Corporation (BVF), China Agritech Inc. (CAGC), Jazz Pharmaceuticals, Inc. (JAZZ), Kraton Performance Polymers Inc. (KRA), Nanometrics Incorporated (NANO), Spreadtrum Communications Inc. (SPRD).