Charts of the Day Video by Harry Boxer https://www.thetechtrader.com/chartsoftheday/ Harry's Charts of the Day video presentation. en-us 2017-09-19 19:35:05 2017-09-19 19:35:05 info@thetechtrader.com (Harry Boxer) https://www.thetechtrader.com/images/harrypic.jpg 110 137 Charts of the Day Video by Harry Boxer https://www.thetechtrader.com/chartsoftheday/ FOLD, KOPN, MLCO, OLED Amicus Therapeutics, Inc. (FOLD) is looking interesting. After basing for quite a while, and finally breaking out with the breakaway gap, it pulled back and tested the 50, then ran up and made nominal new highs, and formed a coiling-type pattern. On Tuesday, it popped only 29 cents, or 2.12%, to 13.96, on 3.7 million shares traded, but I think it’s about to explode out of here. Watch this one on Wednesday, because, eventually, it’s going to pop and run to 15, and then 17-18. It has 11.8 days to cover.

Kopin Corporation (KOPN) had a big day on Tuesday, popping 24 cents, or 5.6%, to 4.52, on a whopping 2.1 million shares traded. That’s the second biggest volume on this stock going back a couple years. To me, that’s extraordinary, and exactly what I was looking for. It popped above one level of support on Monday, and on Tuesday, it followed through. It’s significant with the increase in volume. Look for 4.75 on Wednesday, and if it runs in the next day or two, we may see 5.25. It may need to pull back and rest. It has 10.4 days to cover.

Melco Resorts & Entertainment L (MLCO) is looking pretty good. It gained 77 cents, or 3.35%, to 23.78, on 3.7 million shares traded on Tuesday. It had four waves up and looks like wave five started. It could lead to 27-8. Watch the curve resistance from the June high around 23.90. It could very well get into the 25-6 range on Wednesday.

Universal Display Corp. (OLED) swing trade is moving. It had a nice pop on Monday, and on Tuesday, it ran all the way up to 145.30 before backing off and closing up 5.50, or 4%, to 142.20, on 1.7 million shares traded. I think this looks like a 175.00-stock going forward. There’s 4.2 days to cover.

On the long side, stocks included AeroVironment, Inc. (AVAV), Epizyme, Inc. (EPZM), Eros International (EROS), Amicus Therapeutics, Inc. (FOLD), GlycoMimetics, Inc. (GLYC), Helios and Matheson Analytics Inc. (HMNY), Kopin Corporation (KOPN), Melco Resorts & Entertainment L (MLCO), MyoKardia, Inc. (MYOK), Universal Display Corp. (OLED), Spark Therapeutics, Inc. (ONCE), sqm, The Trade Desk, Inc. (TTD), Veritone, Inc. (VERI), Varonis Systems, Inc. (VRNS), Wynn Resorts Ltd. (WYNN), and Zogenix, Inc. (ZGNX).

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https://www.thetechtrader.com/chartsoftheday/FOLD-KOPN-MLCO-OLED-201709191984.html 2017-09-19 19:35:05 https://www.thetechtrader.com/chartsoftheday/FOLD-KOPN-MLCO-OLED-201709191984.html FOLD, KOPN, MLCO, OLED
2017-09-16 13:50:23 https://www.thetechtrader.com/chartsoftheday/201709161982.html 2017-09-16 13:50:23 https://www.thetechtrader.com/chartsoftheday/201709161982.html 2017-09-16 13:50:23 DLB, LOXO, NVCR, SIEN Dolby Laboratories, Inc. (DLB) made an explosive move on Wednesday, jumping 5.17, or 9.58%, to 59.11, on 3.8 million shares traded. This is a stock that had been basing from 2011 to 2016, and thren traded in the 34-5 zone. It popped out, pulled back, and formed a one-year consolidation. Wednesday’s moved is significant because it takes out all levels to the 70-dollar range, which is my next target. It has 5 days to cover.

Swing trade Loxo Oncology, Inc. (LOXO) is doing phenomenal. We put it out as a swing, it ran up to my target, consolidated for a couple months, and then on Wednesday, it had a significant breakout, popping 11.61, or 15.46%, to 86.72, on 2.1 million shares traded, closing 4 points off the high, on the second biggest up day in almost a year. I think it wants to go higher. Look for something in the high 90’s, around 99-100, and then 120ish.

NovoCure Limited (NVCR) broke out on Wednesday, gaining another 1.30, or 6.36%, to 21.75, on 1.5 million shares traded. This is a swing trade that has been in play since June. If it extends, I’m looking for 28, and eventually 32. It has 8 days to cover short.

Sientra, Inc. (SIEN) is doing great. It popped another 2.43, or 19%, to 15.01, on 789,611 shares traded, and is moving up the ladder, going from 10 to 15 in the last couple weeks. If it breaks out above the 11 1/2 range, the immediate target is 17 1/2-ish.

On the long side, stocks included AXT Inc. (AXTI), Ballard Power Systems Inc. (BLDP), Baozun Inc. (BZUN), Dolby Laboratories, Inc. (DLB), Emerge Energy Services (EMES), Juno Therapeutics Inc. (JUNO), Loxo Oncology, Inc. (LOXO), MicroVision, Inc. (MVIS), NovoCure Limited (NVCR), Sientra, Inc. (SIEN), TravelCenters of America LLC (TA), VelocityShares 3x Lng Crude Oil ETN New (UWT), and Vericel Corporation (VCEL).

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https://www.thetechtrader.com/chartsoftheday/DLB-LOXO-NVCR-SIEN-201709131981.html 2017-09-13 21:05:06 https://www.thetechtrader.com/chartsoftheday/DLB-LOXO-NVCR-SIEN-201709131981.html DLB, LOXO, NVCR, SIEN
2017-09-09 14:21:11 https://www.thetechtrader.com/chartsoftheday/201709091978.html 2017-09-09 14:21:11 https://www.thetechtrader.com/chartsoftheday/201709091978.html 2017-09-09 14:21:11 ABEO, DVAX, PBYI, WIFI Abeona Therapeutics Inc. (ABEO) added a little bit of an extension to that wedge that we showed you that was forming over the weekend. Then, on Tuesday, it popped out,gaining 40 cents, or 2.9%, to 14.20, on 2.2 million shares traded, reaching a new high at 15.24, and then backed off. I think this stock has the guts to get to the 17-18 zone. It has 10.84 days to cover.

Dynavax Technologies Corporation (DVAX) was only up 50 cents, or 2.8%, to 18.45, on 1.4 million shares traded on Tuesday, but I like the fact that it’s the highest close since the spike-up. That target was 19 1/2. I would look for that early on Wednesday, and it may get an extension to 22 and 24, which are the new targets. I think that's doable on DVAX.

Puma Biotechnology, Inc. (PBYI) popped out of a little, 3-day flag, jumping 2.90, or 3%, to 96.85, on 818,160 shares traded. It has a strong close. The highest close we’ve had on the stock is 97.60, and it closed at 96.85 on Tuesday. There’s resistance up there, but I’m looking for this stock to make it to 110.00, maybe even higher.

Boingo W;ireless, Inc. (WIFI) was up 75 cents, or 3.66%, to 21.24, on 656,913 shares traded on Tuesday, and reached a new all-time high of over 21.00 to 21.28. I think before this move is over, we’ll see it run up to 24-5. That is the next target on WIFI.

On the long side, stocks included Abeona Therapeutics Inc. (ABEO), Akcea Therapeutics, Inc. (AKCA), Dynavax Technologies Corporation (DVAX), Eldorado Resorts, Inc. (ERI), Himax Technologies, Inc. (HIMX), IAMGOLD Corporation (IAG), Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG), Kirkland Lake Gold Ltd. (KL), Kopin Corporation (KOPN), Lumber Liquidators Holdings, Inc. (LL), Match Group, Inc. (MTCH), Direxion Daily Gold Miners Bull 3X ETF (NUGT), Puma Biotechnology, Inc. (PBYI), Regenxbio Inc. (RGNX), Veritone, Inc. (VERI), Boingo Wireless, Inc. (WIFI), XOMA Corporation (XOMA), and Zogenix, Inc. (ZGNX).

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https://www.thetechtrader.com/chartsoftheday/ABEO-DVAX-PBYI-WIFI-201709051975.html 2017-09-05 18:25:56 https://www.thetechtrader.com/chartsoftheday/ABEO-DVAX-PBYI-WIFI-201709051975.html ABEO, DVAX, PBYI, WIFI
2017-09-03 15:05:22 https://www.thetechtrader.com/chartsoftheday/201709031974.html 2017-09-03 15:05:22 https://www.thetechtrader.com/chartsoftheday/201709031974.html 2017-09-03 15:05:22 ABEO, COOL, IMGN, SGMO Abeona Therapeutics Inc. (ABEO) had a big pop on Tuesday, popping 1.75, or 18.4%, to 11.25, on 2.8 million shares traded. It had a breakout and a thrust through the July high, and when it crossed the 10.24 area, it closed a dollar higher. At this point, I’m looking for the 14-15 range as the next target, maybe even higher. There’s 20.84 days to cover.

Majesco Entertainment Company (COOL), a swing trade of ours, was acting really well on Tuesday. We put it out to you at 23.81 on Aug 15, and now it’s trading 6 points higher, reaching as high 29.92 on Tuesday. It was up 1.35, or 4.8%, to 29.46, on 140,001 shares traded. It’s high in June was 30.09. If it gets through that, the targets are 33-4, maybe as high as the high 30’s over the next few weeks going forward. It has 6 days to cover.

Swing trade ImmunoGen, Inc. (IMGN) was put out on May 16 at 4.88. It reached up to 8.00, pulled back in a 3-wave corrective move, and then broke out on Tuesday, jumping 1.12, or 17%, to 7.58, on 13 million shares traded. That’s the biggest volume since January. Targets are 9 1/2 and 12 1/2. It has 5.5 days to cover.

Sangamo Therapeutics, Inc. (SGMO) is also looking good. This is a swing trade from May 11 at 6.68. On Tuesday, it was up 1.30, or 11.3%, to 12.80, on 3.3 million shares traded, reaching a high of 12.90. My current targets are 11 1/2 and 13. My target going forward is 17. It had 3.6 days to cover.

On the long side, stocks included Abeona Therapeutics Inc. (ABEO), Agnico Eagle Mines Limited (AEM), Majesco Entertainment Company (COOL), Corcept Therapeutics Incorporated (CORT), Catalent, Inc. (CTLT), Fate Therapeutics, Inc. (FATE), Amicus Therapeutics, Inc. (FOLD), First Solar, Inc. (FSLR), Health Insurance Innovations, Inc. (HIIQ), ImmunoGen, Inc. (IMGN), Juno Therapeutics Inc. (JUNO), KEMET Corporation (KEM), Kratos Defense & Security Solutions, Inc. (KTOS), Movado Group, Inc. (MOV), Puma Biotechnology, Inc. (PBYI), Sangamo Therapeutics, Inc. (SGMO), Swift Transportation Company (SWFT), Vericel Corporation (VCEL), and YRC Worldwide Inc. (YRCW).

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https://www.thetechtrader.com/chartsoftheday/ABEO-COOL-IMGN-SGMO-201708291971.html 2017-08-29 20:45:06 https://www.thetechtrader.com/chartsoftheday/ABEO-COOL-IMGN-SGMO-201708291971.html ABEO, COOL, IMGN, SGMO
ARRY, COOL, ONCE, TRTN Array BioPharma Inc. (ARRY) became a swing for us when it exploded Sept, 2016, came down and we put a swing on it. It broke back out, ran up beautifully, reached my swing target, which was a very successful move, and then it came down again. It popped, pulled back, popped again, pulled back, popped one more time on Wednesday, gaining 53 cents, or 6%, 9.54, 5.7 million shares traded.Watch carefully, the 10.30 area. If it gets up to that, targets going forward are 12, 13 1/2, and maybe 15.

Majesco Entertainment Company (COOL) is a swing trade that is acting well. It popped, got up to resistance, and pulled back to support. On Wednesday, it snapped back 1.10, or 4.39%, to 26.16, 49,314 shares traded. Low volume. If it does get volume and pops out across the 27 1/2 range, I will be looking for it to make a move to 30, and then 32-4.

Spark Therapeutics, Inc. (ONCE), one of our swing trades, is doing well. It popped 1.73, or 2.22%, to 79.59, on 451,182 shares traded on Wednesday, but didn’t quite close right. Going forward, it needs to take out Wednesday’s high at 79.85. When it gets through that, look for a run to 87-8, and then the low to mid 90’s.

Triton International Ltd (TRTN) broke out on Tuesday, we highlighted it, and it followed through nicely, and popped 1.37, or 3.88%, to 36.65, on 757,514 shares traded. That’s the biggest volume since mid-June. It’s high test would be 37 1/2-3/4 range, getting up to 37.40. My target is 40, maybe 41 going forward.

On the long side, stocks included Abeona Therapeutics Inc. (ABEO), Array BioPharma Inc. (ARRY), Majesco Entertainment Company (COOL), Constellium N.V (CSTM), Express, Inc. (EXPR), Fiat Chrysler Automobiles N.V. (FCAU), Freeport-McMoRan Inc. (FCX), feng, Immunomedics, Inc. (IMMU), Kite Pharma, Inc. (KITE), Spark Therapeutics, Inc. (ONCE), Paratek Pharmaceuticals, Inc. (PRTK), Sequans Communications S.A. (SQNS), Triton International Ltd (TRTN), Tower Semiconductor Ltd. (TSEM), Veritone, Inc. (VERI), Weibo Corporation (WB), and Zion Oil & Gas, Inc. (ZN).

On the short side, stocks included Almost Family, Inc. (AFAM), Allegiant Travel Company (ALGT), Buffalo Wild Wings Inc. (BWLD), Cardtronics plc (CATM), Capella Education Company (CPLA), Foot Locker, Inc. (FL), Glaukos Corporation (GKOS), Hasbro, Inc. (HAS), Hill-Rom Holdings, Inc. (HRC), Inphi Corporation (IPHI), PCM, Inc. (PCMI), Signet Jewelers Limited (SIG), Tetra Tech, Inc. (TTEK), and Veritiv Corporation (VRTV).

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https://www.thetechtrader.com/chartsoftheday/ARRY-COOL-ONCE-TRTN-201708231970.html 2017-08-23 19:05:08 https://www.thetechtrader.com/chartsoftheday/ARRY-COOL-ONCE-TRTN-201708231970.html ARRY, COOL, ONCE, TRTN
2017-08-19 13:35:25 https://www.thetechtrader.com/chartsoftheday/201708191967.html 2017-08-19 13:35:25 https://www.thetechtrader.com/chartsoftheday/201708191967.html 2017-08-19 13:35:25 CORT, MDXG, MYRG, TTEK Corcept Therapeutics Incorporated (CORT), one of our swing trades, is doing very well. It has a falling wedge that broke on Tuesday with a pop, gaining another 87 cents, or 6.2%, to 14.87, on 1.6 million shares traded. If it can get through 15.26, it could extend toward 16 1/2, and then 18. It has 10.6 days to cover.

MiMedx Group, Inc. (MDXG) broke out of a couple month-long consolidation on Tuesday, jumping 96 cents, or 6%, to 16.74, on 4.4 million shares traded. The targets going forward are 19, 22, and 24. It has 22 days to cover.

Stocks on the Short Side…..

MYR Group Inc. (MYRG) rolled over in April, formed a wedge, and then broke down out of the wedge, going from 32 to 24 on Tuesday, down another 80 cents, or 3%, to 24.30, on 73,764 shares traded. I think it still has more to go to 22 1/2, and, eventually, 18 1/2.

Tetra Tech, Inc. (TTEK) had a massive drop in January, and right now has formed a bear wedge. On Tuesday, it had a little bit of a drop, down 30 cents to 41.30, on 302,286 shares traded. Targets are 39, 36-7, and longer-term it could be 30, or less.

On the long side, stocks included Calumet Specialty Products Partners, L.P. (CLMT), China Cord Blood Corporation (CO), Corcept Therapeutics Incorporated (CORT), Extreme Networks, Inc. (EXTR), Health Insurance Innovations, Inc. (HIIQ), Hertz Global Holdings, Inc. (HTZ), ImmunoGen, Inc. (IMGN), Kite Pharma, Inc. (KITE), Kopin Corporation (KOPN), MiMedx Group, Inc. (MDXG), MyoKardia, Inc. (MYOK), Otonomy, Inc. (OTIC), Supernus Pharmaceuticals, Inc. (SUPN), and Wynn Resorts Ltd. (WYNN).

On the short side, stocks included Advance Auto Parts Inc. (AAP), Cummins Inc. (CMI), Dick's Sporting Goods, Inc. (DKS), Genesco Inc. (GCO), Gentex Corporation (GNTX), Hibbett Sports, Inc. (HIBB), L Brands, Inc. (LB), Lannett Company, Inc. (LCI), MYR Group Inc. (MYRG), Parsley Energy, Inc. (PE), Signet Jewelers Limited (SIG), Tanger Factory Outlet Centers, Inc. (SKT), Targa Resources Corp. (TRGP), Tetra Tech, Inc. (TTEK), Taubman Centers, Inc. (TCO), Under Armour, Inc. (UAA), Urban Outfitters, Inc. (URBN), and Veritiv Corporation (VRTV).

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https://www.thetechtrader.com/chartsoftheday/CORT-MDXG-MYRG-TTEK-201708151964.html 2017-08-15 19:10:13 https://www.thetechtrader.com/chartsoftheday/CORT-MDXG-MYRG-TTEK-201708151964.html CORT, MDXG, MYRG, TTEK