The stock market started off the week with a nice pop on Monday. Let’s see if we can continue. A lot of our stocks are doing well. Let’s take a look at some of them.
Biocept, Inc. (BIOC) had a monster day on Monday, up 1.01, or a whopping 43%, on 15 million shares. It opened at 2.39, ran up to 3.38, pulled back to 2.31, and closed at 3.36. It came on strong at the end of the day, closing just 2 cents off the high. More importantly, in after hours it traded all the way up to 3.68. It’s gone from 3.10 to 3.68 just since the closing. If it follows through, expect it to gap up, possibly on Tuesday, to as high as 4-4 1/2-3/4, which would complete a massive head-and-shoulder, and could lead it to some very big movement.
Eagle Pharmaceuticals Inc. (EGRX) continues its move, up 3.67 to 59.11, or 6.6%, on nearly 370,000 shares. After five waves up, I’m not sure how far it will extend, but if it breaks out above 59.11, it could see 70. Keep an eye on this one.
Paycom Software, Inc. (PAYC) popped 2.09 to 32.20, or nearly 7%, on 378,000 shares traded. It has a pattern of five waves up and then a consolidation, which could possibly be a topping pattern, or coils being broken out. So far, with Monday’s moves, it looks like it’s coils being broken out. It could see some more volume. If it gets over 35.90, or so, it could be a 40-dollar stock.
TASER International Inc. (TASR) had another big day on Monday, up 1.97 to 30.37 or nearly 7%, on 4.1 million shares. That’s good volume. Still looking for it to get up to the 32 zone short-term. The secondary target is in the 35 range, maybe even as high as 39-40.
Other stocks on Harry’s Charts of the Day included Advaxis, Inc. (ADXS), Anthera Pharmaceuticals, Inc. (ANTH), BioCryst Pharmaceuticals, Inc. (BCRX), Clean Energy Fuels Corp. (CLNE), CorMedix, Inc. (CRMD), Cirrus Logic Inc. (CRUS), FireEye, Inc. (FEYE), Fortinet Inc. (FTNT), Neonode, Inc. (NEON), Novogen Limited (NVGN), Sucampo Pharmaceuticals, Inc. (SCMP), Vimicro International Corp. (VIMC), Voltari Corporation (VLTC), and Vivint Solar, Inc. (VSLR).