Charts of the Day Video by Harry Boxer Harry's Charts of the Day video presentation. en-us 2017-05-22 19:55:11 2017-05-22 19:55:11 (Harry Boxer) 110 137 Charts of the Day Video by Harry Boxer CARA, MDSO, MIME, MLCO Swing trade Cara Therapeutics Inc. (CARA) is acting much better. It broke its declining topsline in an orderly pullback, popped out, pulled back to retest, and popped again, bouncing 76 cents, or 4.5%, to 17.59, on 1.5 million shares traded. The next target is 19.25-.35, 21, and then the high 20’s.

Medidata Solutions, Inc. (MDSO) spiked in April, pulled back and tested, ran up, pulled back, broke out, pulled back, and then ran up 2.08, or 3%, to 72.76, on 422,877 shares traded on Monday. The next target is calling for 80.

Mimecast Limited (MIME) is a swing trade of ours that is acting well. It popped out a few days ago, pulled back, held the 21-day and trendline, and on Monday, it popped another 1.10, or 4 1/4%, to 27.00, on 378,872 shares traded. The volume is still not picking up, but the technicals look great. I could see 30-31 short-term.

Swing trade Melco Resorts & Entertainment L (MLCO) snapped back for the second day, gaining 94 cents, or 4.5%, to 22.04, on 3.65 million shares traded. Both technicals and volume need to improve. It looks like a 3-wave pullback, orderly-type pattern. I’m looking for 25, and then 29 going forward.

Stocks on the long side included Applied Optoelectronics, Inc. (AAOI), BlackBerry Limited (BBRY), CAI International, Inc. (CAI), Camtek Ltd. (CAMT), Cara Therapeutics Inc. (CARA), Majesco Entertainment Company (COOL), Amicus Therapeutics, Inc. (FOLD), Ichor Holdings, Ltd. (ICHR), Lumber Liquidators Holdings, Inc. (LL), Medidata Solutions, Inc. (MDSO), Mimecast Limited (MIME), Melco Resorts & Entertainment L (MLCO), Nova Measuring Instruments Ltd. (NVMI), Oclaro, Inc. (OCLR), Puma Biotechnology, Inc. (PBYI), Impinj, Inc. (PI), Inc. (SOHU), SORL Auto Parts, Inc. (SORL), Square, Inc. (SQ), Sequans Communications S.A. (SQNS), Ultra Clean Holdings, Inc. (UCTT), Veeva Systems Inc. (VEEV), and Varonis Systems, Inc. (VRNS).

]]> 2017-05-22 19:55:11 CARA, MDSO, MIME, MLCO
AKAO, AKBA, QRVO, WB Achaogen, Inc. (AKAO), one of our favorite swing trades from back in Dec when it popped and pulled back, and went from the 12-13 range and doubled, coiled for two months, popped on Tuesday 1.56, or 7%, to 25.33, on 520,380 shares traded. The volume is good, but not great. Keep an eye on the 26.00 area. There’s the high at 27 3/4. If that zone is taken out, it could lead to high 30’s. It has 6.4 days to cover short.

Akebia Therapeutics, Inc. (AKBA) had a big day on Tuesday, popping 2.11, or 16%, to 15.01, on 6.6 million shares traded. It popped up, pulled back, popped again, but couldn’t get through the high, and drifted down the rest of the day. It might swing toward 18. That’s my swing target. If it holds 14.68-.70 on Wenesday, and starts to move up again, it could accelerate to 17, 18, even 19.

Qorvo, Inc. (QRVO), one of our swing trades, had a nice snapback this week. It held support, and then exploded in the last week, going from 66.00 to 75.00. On Tuesday, it gained another 3.30, or 4.6%, to 74.84, on 2.8 million shares traded. At this point, although I had a target at 77-8, it looks like it could make it up to the high 80’s. It has 8.5 days to cover.

Old swing Weibo Corporation (WB) just keeps giving. It’s been a year since I gave you the first swing on this stock, and it has gone from the low 20’s to near 80.00. It was up 15.70, or 25%, to 78.60, on 13.6 million shares traded on Tuesday, reaching a high at 79.26. Is it short-term overbought? Yes. Can it extend? Yes. If it extends, it could see 100-120. It has 7.5 days to cover.

Stocks on the long side included Achaogen, Inc. (AKAO), Akebia Therapeutics, Inc. (AKBA), BlackBerry Limited (BBRY), Baozun Inc. (BZUN), 3D Systems Corporation (DDD), New Oriental Education & Technology Group Inc. (EDU), Etsy, Inc. (ETSY), ImmunoGen, Inc. (IMGN), Lumber Liquidators Holdings, Inc. (LL), Melco Resorts & Entertainment L (MLCO), Momo Inc. (MOMO), Mazor Robotics Ltd. (MZOR), Pieris Pharmaceuticals, Inc. (PIRS), Qorvo, Inc. (QRVO), SINA Corporation (SINA), Sequans Communications S.A. (SQNS), SunOpta Inc. (STKL), Veeva Systems Inc. (VEEV), Weibo Corporation (WB), and Boingo Wireless, Inc. (WIFI).

]]> 2017-05-16 18:50:13 AKAO, AKBA, QRVO, WB
2017-05-15 22:00:11 2017-05-15 22:00:11 2017-05-15 22:00:11 2017-05-13 11:45:09 2017-05-13 11:45:09 2017-05-13 11:45:09 AAOI, MZOR, TDOC, TROX Applied Optoelectronics, Inc. (AAOI), after the earnings report, popped another 4.72, or 8.2%, to 62.11, on 5 million shares traded. The volume has been solid for three sessions on the way up, an it’s made a new high. At this point, there’s no reason why this stock can’t get to 80, or thereabouts. It is a little extended, so watch to see if it consolidates in this zone, but there may be a little follow-through as early as Wednesday.

Mazor Robotics Ltd. (MZOR) has exploded for three days in a row from the pullback low of 33.36, and rocketed on Tuesday 1.51, or 4%, to 39.99, on 1.3 million shares traded. There may be some more upside. I’m looking for 43, but eventually I think this stock could get to 50, or better. Tuesday's move was a very strong move on great volume and technicals as well as a heavy short position. Watch for some follow-through.

Teladoc, Inc. (TDOC) had a big day on Tuesday exploding for 5.75, or 25%, to 28.60, on 3.4 million shares traded. It broke out across a double top, and sure looks like it’s headed to 35. That’s my target going forward. It has 18.3 days to cover. Keep an eye on this one.

Tronox Limited (TROX) popped 1.15, or 7%, to 17.27, on 1.6 million shares traded on Tuesday. I like the look of this stock, and I am planning on it to make a short-term run to 18.85-20.00 zone. If it gets through that, 22-22 1/2 is my next target. This is another one to watch.

Stocks on the long side included Applied Optoelectronics, Inc. (AAOI), Baozun Inc. (BZUN), CEVA Inc. (CEVA), First Solar, Inc. (FSLR), Hortonworks, Inc. (HDP), Kronos Worldwide, Inc. (KRO), Lantheus Holdings, Inc. (LNTH), Mazor Robotics Ltd. (MZOR), Nova Measuring Instruments Ltd. (NVMI), PetMed Express, Inc. (PETS), Portola Pharmaceuticals, Inc. (PTLA), QVC Group (QVCA), Shopify Inc. (SHOP), Sequans Communications S.A. (SQNS), Stratasys Ltd. (SSYS), Teladoc, Inc. (TDOC), Tronox Limited (TROX), Valeant Pharmaceuticals International, Inc. (VRX), WAYFAIR INC. (W), and Boingo Wireless, Inc. (WIFI).

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2017-05-06 13:20:30 2017-05-06 13:20:30 2017-05-06 13:20:30 FSLR, MDXG, SLCA, SPG First Solar, Inc. (FSLR) had an explosive day on Wednesday, up 3.59, or 12%, to 33.91, on 18 million shares traded. It has now been up ten days in a row with a breakaway gap on the tenth day. It might smack of a short-term overbought condition. It did break through the trendline and declining topsline, and then closed back right at it. Let’s see if it can hold it on Thursday and move back up, taking out Wednesday’s high at 36 1/4 to get to the 39-40 range.

MiMedx Group, Inc. (MDXG) was up 62 cents, or 5%, to 13.58, on 2.2 million shares traded on Wednesday. I put a swing on it and it had a big reversal. Even though the reversal came on big volume, if there’s not downside follow-through to hold support, it may come right back up and thrust. Targets going forward are 15 and 17. It has 30.7 days to cover.

Stocks on the Short Side….

U.S. Silica Holdings, Inc. (SLCA) is looking ugly. On Wednesday, it was down another 2.54, or 6%, to 37.00, on 5.7 million shares traded. The trend broke, it formed a bear wedge, reached the secondary target, formed an even larger wedge, rolled over, and got slammed from 50 to 37. It may not be done yet. I’m looking for it to reach down to 32.

Simon Property Group, Inc. (SPG) was down 3.20, or 2%, to 165.59, on 1.5 million shares traded on Wednesday. This stock looks like it’s right on support and may break further. It is really looking ugly. My targets are 150 and 138.

Stocks on the long side included Boyd Gaming Corporation (BYD), Cara Therapeutics Inc. (CARA),, Inc. (CRCM), eHealth, Inc. (EHTH), First Solar, Inc. (FSLR), Kornit Digital Ltd. (KRNT), MiMedx Group, Inc. (MDXG), Myriad Genetics, Inc. (MYGN), Pieris Pharmaceuticals, Inc. (PIRS), Qualys, Inc. (QLYS), Sequans Communications S.A. (SQNS), TriNet Group, Inc. (TNET), and INTERSECT ENT, INC. (XENT).

On the short side, stocks included Acuity Brands, Inc. (AYI), DineEquity, Inc. (DIN), Fabrinet (FN), Five Prime Therapeutics, Inc. (FPRX), Ralph Lauren Corporation (RL), U.S. Silica Holdings, Inc. (SLCA), Simon Property Group, Inc. (SPG), Taubman Centers, Inc. (TCO), Ubiquiti Networks, Inc. (UBNT), United Rentals, Inc. (URI), and WAVE Life Sciences Ltd. (WVE).

]]> 2017-05-03 21:30:07 FSLR, MDXG, SLCA, SPG
2017-04-29 13:35:30 2017-04-29 13:35:30 2017-04-29 13:35:30 DE, FMI, MIME, TEX Deere & Company (DE), which we gave a swing on, went from 89 to 114 in the last few months. Tuesday was a key breakout above the key congestion range or consolidation area. It was up 2.90, or 2.6%, to 113.15, on 3.3 million shares traded. The targets are 119, and 129.

Foundation Medicine, Inc. (FMI) is looking good, gaining 1.00, or 3%, to 33.45, on 300,587 shares traded on Tuesday. It formed an inverse head-and-shoulders or right-handed extended V, but there is resistance in this zone. It did back off of that during the day. If it can hold 32, and take out 35, the targets are 38 1/2 and 42. It has 8.7 days to cover.

Mimecast Limited (MIME) may have broken out on Tuesday. It popped 44 cents, or 2%, to 23.90, on 254,447 shares traded, and through resistance. Although there is a high at 24.60 from a spike-high in November, right now, it looks like it’s headed to 27, 31, and more.

Terex Corporation (TEX), a farm and construction machinery company, ran 2.57, or 7.77%, to 35.66, on 3.7 million shares traded on Tuesday. It broke out of a 3-4-month consolidation, and looks like it’s going to be testing 38 shortly, and my intermediate target is in the mid 40’s.

Stocks on the long side included Allegheny Technologies Incorporated (ATI), Bitauto Holdings Limited (BITA), Caterpillar Inc. (CAT), Deere & Company (DE), CEVA Inc. (CEVA), New Oriental Education & Technology Group Inc. (EDU), Epizyme, Inc. (EPZM), Foundation Medicine, Inc. (FMI), Direxion Daily S&P Biotech Bull 3X ETF (LABU), LSB Industries Inc. (LXU), Mimecast Limited (MIME), Mazor Robotics Ltd. (MZOR), Netflix, Inc. (NFLX), Radware Ltd. (RDWR), Ignyta, Inc. (RXDX), STMicroelectronics N.V. (STM), Terex Corporation (TEX), TG Therapeutics, Inc. (TGTX), Triton International Ltd (TRTN), ViewRay, Inc. (VRAY), and Wynn Resorts Ltd. (WYNN).

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