Charts of the Day Video by Harry Boxer Harry's Charts of the Day video presentation. en-us 2017-11-18 13:30:23 2017-11-18 13:30:23 (Harry Boxer) 110 137 Charts of the Day Video by Harry Boxer 2017-11-18 13:30:23 2017-11-18 13:30:23 2017-11-18 13:30:23 COLL, JUNO, NKTR, NTNX Collegium Pharmaceutical, Inc. (COLL) had a follow-through on Wednesday, running all the way up to 15.85 from 9.25, before pulling back and closing up 98 cents, or 7%, to 15.14, on 1.22 million shares traded. This has been a big move with a breakout. I’m really looking forward to some backing and filling, and consolidation, because I think it’s going to 17, and then 20 1/2-21. It has 22.4 days to cover.

Juno Therapeutics, Inc. (JUNO) is looking good. It had a major, explosive move at the beginning of this month, and then a week and a half long flag. It was up 2.54, or 5%, to 56.40, on 1.8 million shares traded on Wednesday, and looks like it’s going higher upwards to 70, and then 80.

Nektar Therapeutics (NKTR) has been a fantastic swing trade. It popped out and went like a rocket ship from 25 1/2 to 43. On Wednesday it was up 3.51, or 9%, to 43.07, on nearly 4 million shares traded. It may run up a little further, but it’s long-in-the-tooth, at the top of the channel, and overbought. Near-term targets are 45, and then 48-50, before it pulls back. Secondary target is 58-9. There are 12.7 days to cover.

Nutanix, Inc. (NTNX) has been backing and filling in a choppy manner in a rising channel for the last 5 weeks. On Wednesday, it jumped 81 cents, or 3%, to 29.11, on 2.2 million shares traded. I think it’s about to breakout. If it gets to 29 1/2, we should see 32, and then 34-5. Almost 5 days to cover.

On the long side, stocks included Abeona Therapeutics Inc. (ABEO), Concert Pharmaceuticals, Inc. (CNCE), Collegium Pharmaceutical, Inc. (COLL), Dicerna Pharmaceuticals, Inc. (DRNA), Immunomedics, Inc. (IMMU), Juno Therapeutics, Inc. (JUNO), Mirati Therapeutics, Inc. (MRTX), Nektar Therapeutics (NKTR), Nutanix, Inc. (NTNX), The Children's Place, Inc. (PLCE), Riot Blockchain, Inc. (RIOT), Roku, Inc. (ROKU), Sangamo Therapeutics, Inc. (SGMO), Spectrum Pharmaceuticals, Inc. (SPPI), Westport Fuel Systems Inc. (WPRT), and YY Inc. (YY).

]]> 2017-11-15 20:45:09 COLL, JUNO, NKTR, NTNX
2017-11-11 13:50:27 2017-11-11 13:50:27 2017-11-11 13:50:27 HIIQ, LCI, OLED, SLCA Health Insurance Innovations, Inc. (HIIQ), which we had earlier in the year, did very, very well for us after it broke back out in May, going from 20 to 37-8. It then came down in a 5-wave decline, reaching a spike low in September, taking it all the way back down to the 12-3 range, and on Tuesday it ran up 1.50, or 6.76%, taking it up to over 23.00 to 23.70, on nearly a million shares traded. More importantly, it looks like it has an inverse head-and-shoulders, and was a breakout above the declining topsline, the wedge, and the 50-day moving average on Tuesday, which should lead to the next resistance level around 27 3/4-28, and then I’m looking at 33.

Lannett Company, Inc. (LCI) drug company had a breakaway pop of 3.25, or 15%, to 24.45, on 2.1 million shares traded on Tuesday, which took it right up to resistance. The spike from October took it to 25.00, and Tuesday’s high, also 25.00. If it can get through the double-top, it should see 28, and then 30-33. It has 23 days to cover, and I think it’s on its way.

Universal Display Corporation (OLED), a swing trade of ours, has been acting great. Look at the move in just the last week to week and a half from 130.00 to nearly 170.00. It closed up 4.18, or 2.56%, to 167.57, with a high of 167.85, on 1 million shares traded on Tuesday. I think it’s going to be at 180.00 soon, with 5 days to cover.

U.S. Silica Holdings, Inc. (SLCA) was up 3.03, or 10%, to 34.55, on 6.6 million shares traded on Tuesday. I put a swing on it because I know this stock and we did very well with it when it went from 20.00 up to 60.00 in 2016 and early 2017. Then it got whacked, formed a bear wedge, and kept going lower, reaching in the 24-range before bouncing. It coiled, and on Tuesday was the breakaway gap on big volume. I think this may get up to Tuesday’s high of 35.80, and if it decides to make a run, look for 38.00 and then 42.00.

On the long side, stocks included California Resources Corporation (CRC), Energy Recovery, Inc. (ERII), Electro Scientific Industries, Inc. (ESIO), Exact Sciences Corporation (EXAS), GDS Holdings Limited (GDS), Health Insurance Innovations, Inc. (HIIQ), Jupai Holdings Limited (JP), Kindred Healthcare, Inc. (KND), Lannett Company, Inc. (LCI), Myomo, Inc. (MYO), Nektar Therapeutics (NKTR), Universal Display Corporation (OLED), QuinStreet, Inc. (QNST), Riot Blockchain, Inc. (RIOT), U.S. Silica Holdings, Inc. (SLCA), Valeant Pharmaceuticals International, Inc. (VRX), and XOMA Corporation (XOMA).

On the short side, stocks included Cardtronics (CATM), Medidata Solutions, Inc. (MDSO), Natural Health Trends Corp. (NHTC), PCM, Inc. (PCMI), Dave & Buster's Entertainment, Inc. (PLAY), TrueCar, Inc. (TRUE), and Veritiv Corporation (VRTV).

]]> 2017-11-07 18:55:06 HIIQ, LCI, OLED, SLCA
2017-11-04 12:46:01 2017-11-04 12:46:01 2017-11-04 12:46:01 COHU, CORT, MLCO, NVCR Cohu, Inc. (COHU), one of our old favorites, continues to go. In February of this year, it was trading in the 15 range, and now it’s about 11 points higher at 26. On Tuesday, it popped above resistance, gaining 76 cents, or 3%, to 25.80, on 276,313 shares traded. Now, it’s headed higher, and I think it’s headed to 29.

Corcept Therapeutics Incorporated (CORT), after a difficult start this morning, had a big pop, and then a big pullback. It went from under 19 to almost 20, popping 79 cents, or 4%, to 19.69, on 1.6 million shares traded. Looking at the daily chart, you’ll see that the wedge was broken on Tuesday, and I think it broke out. On Wednesday, I’d be watching the 20.00-.10 range. If it gets through that you could see it run to 22, and then 24. It has 5.4 days to cover.

Melco Resorts & Entertainment L (MLCO) broke out of key resistance on Tuesday that it’s been in for 5 weeks, jumping 1.64, or 7%, to 25.28, on 7 million shares traded. It looks to me like it’s headed up toward 28-9.

NovoCure Limited (NVCR) snapped back to test the highs from September, running 1.25, or 6%, to 21.60, on 1.5 million shares traded. If it can get to 22.30, you may see it run to the 29 target. There’s 8.6 days to cover.

On the long side, stocks included Adamas Pharmaceuticals, Inc. (ADMS), Apptio, Inc. (APTI), Calumet Specialty Products Partners (CLMT), Cohu, Inc. (COHU), Corcept Therapeutics Incorporated (CORT), Cree, Inc. (CREE), Data I/O Corporation (DAIO), Exact Sciences Corporation (EXAS), Global Blood Therapeutics, Inc. (GBT), Data I/O Corporation (DAIO), Integrated Device Technology, Inc. (IDTI), KEMET Corporation (KEM), Melco Resorts & Entertainment L (MLCO), Micron Technology, Inc. (MU), Mazor Robotics Ltd. (MZOR), Intellia Therapeutics Inc. (NTLA), NovoCure Limited (NVCR), mvmi, Universal Display Corporation (OLED),, Inc. (OSTK), QuinStreet, Inc. (QNST), Square, Inc. (SQ), Sterling Construction Company, Inc. (STRL), Trex Company, Inc. (TREX), and Triton International Limited (TRTN).

]]> 2017-10-31 19:00:06 COHU, CORT, MLCO, NVCR
2017-10-28 12:45:22 2017-10-28 12:45:22 2017-10-28 12:45:22 CBAY, CONN, LITE, NTNX Cymabay Therapeutics, Inc. (CBAY), an old swing of ours, is acting well. From the breakout and base, the pullback, and then the breakout in May, this stock has been moving up steadily, and it formed a wedge. It has a mid-channel line, and the recent pullback was taken out on Tuesday, as the volume thrust to 1.3 million shares traded, popping 85 cents, or 11%, to 8.73. It looks like that if it takes out the recent highs, it could run up to 10, 11 3/4, even as high as the 13-4 zone over the next week.

Conns Inc. (CONN), a retail stock, has been phenomenal since the March low when it was trading under 8 dollars. On Tuesday, it jumped 4.45, or 17%, to 31.30, on 2.4 million shares traded, the high 32.00, now up four-fold. That’s the biggest volume since April-May. I’m thinking this may accelerate to the top of the channel, and then make a move to the low 40’s. So, my two targets are 35, and 41-2 going forward. It has 10 days to cover, and I think the shorts are on a squeeze here.

Lumentum Holdings Inc. (LITE) has a very strong channel and a very strong pattern. It broke out of a base on Tuesday that took a couple months to develop, and popped 3.60, or 6%, to 63.10, on 3.7 million shares traded. That’s the biggest volume in about 8-9 weeks. There is resistance overhead at about the 65-range. If it gets through that, the target is 68-9.

NUTANIX, INC. (NTNX) is acting great. Looking at the chart from Tuesday, most importantly, it looks like it came out through a double top after going back two days ago. That consolidation above the key level is where it broke out, jumping 1.49, or 5.63%, to 27.95. With the volume at 5.6 million shares traded and 5 days to cover, it looks like 30-1, and then 33-4 are coming soon.

On the long side, stocks included Cymabay Therapeutics, Inc. (CBAY), Concert Pharmaceuticals, Inc. (CNCE), Conns Inc. (CONN), Majesco Entertainment Company (COOL), General Motors Company (GM), Lumentum Holdings Inc. (LITE), NeoPhotonics Corporation (NPTN), NUTANIX, INC. (NTNX),, Inc. (OSTK), Polaris Industries Inc. (PII), Fang Holdings Limited (SFUN), Social Reality, Inc. (SRAX), Tailored Brands, Inc. (TLRD), Volt Information Sciences, Inc. (VISI), and Xunlei Limited (XNET).

]]> 2017-10-24 19:10:07 CBAY, CONN, LITE, NTNX
Pattern Recognition Techniques for Picking Winning Stocks 2017-10-24 10:20:11 Pattern Recognition Techniques for Picking Winning Stocks 2017-10-21 12:10:15 2017-10-21 12:10:15 2017-10-21 12:10:15