Charts of the Day Video by Harry Boxer Harry's Charts of the Day video presentation. en-us 2018-01-14 13:45:21 2018-01-14 13:45:21 (Harry Boxer) 110 137 Charts of the Day Video by Harry Boxer 2018-01-14 13:45:21 2018-01-14 13:45:21 ARWR, COLL, NVCR, SPWR Arrowhead Pharmaceuticals, Inc. (ARWR) is a recent new swing trade, which is acting great. It moved nicely after coming out of the falling channel. It spiked, pulled back in a falling wedge, and on Thursday it broke out, popping 64 cents, or 15%, to 5.04, on 4.9 million shares traded. Targets going forward are 6, and then 8.

Collegium Pharmaceutical, Inc. (COLL) finally broke out of the wedge with a pop of 1.38, or 7.3%, to 20.29, on 858,336 shares traded. That’s the best volume in a month. For me, if it gets through the double-top at 20.90-21.00, it will run to 23-4, and it may go higher than that. A big short position is at 22-24.

NovoCure Limited (NVCR) has a new swing put on it. We gave you one back in April. I’ve been watching this stock for months while it was consolidating, it got narrow, and on Wednesday it started to pop, on Thursday it followed through gaining 65 cents, or 3%, to 22.15, on 3.5 million shares traded. It didn’t close great, although it did close above the breakout point. Let’s see if there’s a follow-through on Friday. The volume was huge on Thursday. Targeting 25 1/2-6, and then 29.

SunPower Corporation (SPWR) is one of the solar stocks that did well today. It jumped 98 cents, or 11 1/2%, to 9.47, on 6.2 million shares traded. Obviously, in July when it ran up, and then came down, it retested. It has a full pattern, which is one big base. In order to make a long-term move, it has to take out 9 3/4, and then I’ll be looking at 11 1/2. My secondary target is 13 3/4-14.

On the long side, stocks included Adamas Pharmaceuticals, Inc. (ADMS), Abercrombie & Fitch Co. (ANF), Arrowhead Pharmaceuticals, Inc. (ARWR), Cheetah Mobile Inc. (CMCM), Collegium Pharmaceutical, Inc. (COLL), California Resources Corporation (CRC), CARBO Ceramics Inc. (CRR), First Solar, Inc. (FSLR), Fusion Telecommunications International, Inc. (FSNN), GlycoMimetics, Inc. (GLYC), GRIDSUM HOLDING INC. (GSUM), Kush Bottles, Inc. (KSHB), Remark Holdings, Inc. (MARK), Mirati Therapeutics, Inc. (MRTX), NovoCure Limited (NVCR), Pixelworks, Inc. (PXLW), SunPower Corporation (SPWR), Teva Pharmaceutical Industries Limited (TEVA), Trupanion, Inc. (TRUP), U.S. Gold Corp. (USAU), ViewRay, Inc. (VRAY), and W&T Offshore Inc. (WTI).

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ADMS, MARK, MRTX, NKTR Adamas Pharmaceuticals, Inc. (ADMS) was up 1.72, or 5.35%, to 33.87, on 612,876 shares traded on Tuesday. What I’m seeing here is 4 waves up, and the 5th wave could take it to the mid 40’s, even the mid 50’s. For now, I want to see it get up through that 37-8 zone, and beyond that we’re looking at the mid 40’s.

Remark Holdings, Inc. (MARK) popped out on Monday, and then it had a nice little inside day on Tuesday, gaining just 9 cents, to 13.14, on 1.7 million shares traded. Good volume. Great technicals. I think this one will go to 15, 20, and 29.

Mirati Therapeutics, Inc. (MRTX) jumped 1.85, or 11%, to 19.05, on 502,798 shares trade on Tuesday. The snap back is going to be testing or pressing 9.70 resistance. If it gets through that, and I think it might, I’m looking for 22 and 24 as my next targets.

Nektar Therapeutics (NKTR) had a monster day on Tuesday, exploding 10.63, or 18 1/2%, to 68.03, on 6 million shares traded. The swing that I gave you in November in the 24 range, took it all the way up to 69.00 on Tuesday. The next target is 80-dollars.

On the long side, stocks included Adamas Pharmaceuticals, Inc. (ADMS), Alder Biopharmaceuticals, Inc. (ALDR), Array BioPharma Inc. (ARRY), BlackBerry Limited (BB), Collegium Pharmaceutical, Inc. (COLL), Corcept Therapeutics Incorporated (CORT), Daqo New Energy Corp. (DQ), Global Blood Therapeutics, Inc. (GBT), Immunomedics, Inc. (IMMU), ITUS Corporation (ITUS), Eastman Kodak Company (KODK), Remark Holdings, Inc. (MARK), MiMedx Group, Inc. (MDXG), Mimecast Limited (MIME), Mirati Therapeutics, Inc. (MRTX), Nektar Therapeutics (NKTR), QuinStreet, Inc. (QNST), Canopy Growth Corporation (TWMJF), Weight Watchers International, Inc. (WTW), and Xunlei Limited (XNET).

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2018-01-06 13:40:20 2018-01-06 13:40:20 CRBP, CRC, MARK, VKTX Corbus Pharmaceuticals Holdings, Inc. (CRBP), which I put a swing on Tuesday, because after a year and a half consolidation, it may be awakening. It popped from 7.10 to 8.00, pulled back just a little and closed up 85 cents, or 12%, to 7.95, on 2 million shares traded. It’s the best move since March/April. Now, if it gets above the 8 3/4 range, which is my near-term target, it could very well pop to my swing target at 10 1/4-1/2. Beyond that, we’re looking at 14, and higher.

California Resources Corporation (CRC), a swing trade in this oil stock, is doing great. It continues to move up, and on Tuesday, it was up another 55 cents, or 2.8%, to 19.99, on 1.5 million shares traded. Targets going forward are 23, and then in the 26-7 range.

Remark Holdings, Inc. (MARK) had a nice, little mini-reversal off the low of 9.21 on Tuesday, got up to 10 1/2, pulled back slightly and closed up 62 cents, or 6.37%, to 10.35, on 1.6 million shares traded. Volume picked up above Friday’s volume. It’s going to need it to get through 11, and then the 15-6 range.

Viking Therapeutics, Inc. (VKTX) formed a flag that I am convinced is extremely bullish. On Tuesday, this stock popped 42 cents, or 10%, to 4.48, on 1.6 million shares traded. That’s the best volume in three weeks. That tells me that if it accelerates, we’re going to see 5, 6, and 7 going forward.

On the long side, Aurora Cannabis Inc. (ACBFF), Array BioPharma Inc. (ARRY), Autohome Inc. (ATHM), BlackBerry Limited (BB), Audentes Therapeutics, Inc. (BOLD), General Cannabis Corp. (CANN), Century Aluminum Co. (CENX), Corbus Pharmaceuticals Holdings, Inc. (CRBP), California Resources Corporation (CRC), Editas Medicine Inc. (EDIT), Bitcoin Investment Trust (GBTC), INSYS Therapeutics, Inc. (INSY), Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG), Kirkland Lake Gold Ltd. (KL), Direxion Daily S&P Biotech Bull 3X ETF (LABU), Remark Holdings, Inc. (MARK), Canopy Growth Corporation (TWMJF), Neurocrine Biosciences, Inc. (NBIX), Viking Therapeutics, Inc. (VKTX), Westport Fuel Systems Inc. (WPRT), INTERSECT ENT, INC. (XENT), Xinyuan Real Estate Co., Ltd. (XIN), and Xunlei Limited (XNET).

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2017-12-30 14:00:21 2017-12-30 14:00:21 ACBFF, TWMJF, APTI, IMMU Aurora Cannabis Inc. (ACBFF) was up just 21 cents, or 3.4%, to 6.37, on Wednesday, on 3 million shares traded, but I think the key is that it popped out of a wedge, and stalled for a couple days. There’s resistance at 6.37 at the high and the close for the day. I think it’s going to test the spike high at around 6.85, then we’re looking at 8.00, and then 9.00. This should be very, interesting. We’re going to keep close tabs on that one. Support might be at the low for the day at 5.85. If it gets below that, it may test the 5.45 area. I think it may be forming a new rising channel. If I’m correct, a 9-10-dollar stock is in the offing.

Canopy Growth Corporation (TWMJF) roared on Wednesday, going from 19.16 to 22.33, before pulling back and closing up 2.44, or 12.48, to 21.99, or 2.2 million shares traded. That’s the biggest volume in five weeks. It looks to me like it’s headed to the 24-5 range, before it pulls back. If it does consolidate, it may yet be a 35-dollar stock at some point.

Apptio, Inc. (APTI) popped out of a coil on Wednesday, gaining 51 cents, or 2.2%, to 23.62, 1.1 million shares traded. I like the way it looks. I’m looking for a swing all the way up to the 28-30-31 range.

Immunomedics, Inc. (IMMU) broke out on Wednesday above the September high, popping 85 cents, 5.7%, to 15.75, 3.4 million shares traded. It’s picking up steam a little bit. The OBV is moving up. Targets look like 17 1/2, 20, and 21 potentially.

On the long side, stocks included Aurora Cannabis Inc. (ACBFF), Canopy Growth Corporation (TWMJF), Ampio Pharmaceuticals, Inc. (AMPE), Appian Corporation (APPN), Apptio, Inc. (APTI), Aradigm Corporation (ARDM), Arena Pharmaceuticals, Inc. (ARNA), Dicerna Pharmaceuticals, Inc. (DRNA), Daqo New Energy Corp. (DQ), Fate Therapeutics, Inc. (FATE), Immunomedics, Inc. (IMMU), the Direxion Daily S&P Biotech Bull 3X ETF (LABU), Lantheus Holdings, Inc. (LNTH), Sierra Oncology, Inc. (SRRA), TESSCO Technologies Incorporated (TESS), Viking Therapeutics, Inc. (VKTX), Energous Corporation (WATT), SolarWindow Technologies, Inc. (WNDW), and XOMA Corporation (XOMA).

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2017-12-23 13:30:22 2017-12-23 13:30:22 BB, CBAY, IMMU, KL BlackBerry Limited (BB) was up 1.30, or 12%, to 12.17, on 30 million shares traded on Wednesday. That was the biggest volume in about 90 days. It popped out across a key, double top on Wednesday, and I put a swing on it. I think this stock has the momentum to get to near 14, and then up in the zone near 17.

Cymabay Therapeutics, Inc. (CBAY), one of our old swing trades, has been consolidating for about three months. On Wednesday, it popped and got up to 58 cents, or 6.9%, to 8.99, on nearly 800,000 shares traded. That’s not huge volume, but the best volume on an up-day going back about 5 weeks. If it can accelerate through the triple top, keep and eye on 9.40, which could lead to 11, and then 14.

Immunomedics, Inc. (IMMU), an old swing trade of ours, gained 56 cents, or 4%, to 14.02, on 3.4 million shares traded on Wednesday. Look at the high that was reached on Oct 2 at 14.48. Wednesday’s high was 14.13, so it’s right in that zone of resistance. If it can get through there, near 18 is a possibility.

Kirkland Lake Gold Ltd. (KL) was up 28 cents, or 2%, to 14.58, on 508,433 shares traded on Wednesday. This is on of the strongest gold stocks that I’ve seen in years, having gone from 6 1/4-1/2 in May to Wednesday’s high at 15.00. So, about 150% move in five months. It pulled back down and is now forming a coil. To me, it looks like it’s about to spring into action and get up to the 18-19 zone.

On the long side, stocks included Alcoa Inc. (AA), Ampio Pharmaceuticals, Inc. (AMPE), BlackBerry Limited (BB), Cymabay Therapeutics, Inc. (CBAY), Catalyst Biosciences, Inc. (CBIO), Century Aluminum Co. (CENX), Digital Power Corporation (DPW), Future FinTech Group Inc. (FTFT), Immunomedics, Inc. (IMMU), ION Geophysical Corporation (IO), Kirkland Lake Gold Ltd. (KL), Net Element, Inc. (NETE), Nxt-ID, Inc. (NXTD), Proteostasis Therapeutics, Inc. (PTI), Payment Data Systems, Inc. (PYDS), Siebert Financial Corp. (SIEB), Seven Stars Cloud Group, Inc. (SSC), Steel Dynamics, Inc. (STLD), and Xunlei Limited (XNET).

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