November 10, 2009 (FinancialWire) (By Frank Kollar) — Shares of Radioshack Corp (NYSE: RSH) jumped 14% on Monday, November 9, after the company announced it would soon carry Apple’s iPhone 3G and iPhone 3GS.

The rally puts share prices right at the 50% retracement level ($20.70 reached intra-day) for Radioshack’s entire July 2007 to March 2009 bear market decline.

While the 50% level is one where resistance can be expected, it will likely be surpassed in coming days on momentum alone. That will forecast a run to at least $24.06 a share, the 61.8% retracement level for Radioshack.

If you are late getting into this trade, the $24.06 level is still 21% higher than today’s close. There appears to be room left to profit for Radioshack shareholders.

Frank Kollar has been timing the financial markets since 1982, with online service since 1996. He is a dedicated trend timer and his strategies exited the markets before the crash in 1987 as well as the bear market in 2000 through 2002. During the 2000-2002 bear market, his bearish positions resulted in gains exceeding 100 percent, all achieved by trading trends.

Kollar’s research has shown that the financial markets are in tradable trends approximately 80 percent of the time. FibTimer strategies define trends and trade them in both advancing and declining markets. Caring nothing about what newscasters say or what the latest economic indicator predicts, trends are where the profits are, and that is where FibTimer is.

Kollar is editor and chief analyst at FibTimer.com (http://www.fibtimer.com) which offers market timing strategies for S&P and Nasdaq index fund traders, as well as bond, gold, small cap, sector, ETF and stock trading strategies.

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