Charts of the Day

Harry's Charts of the Day videos are available nightly to members. Members please login and see Charts of the Day in the "Videos" menu dropdown.

AMD, CRON, SFIX, TLRY — Stock Charts to Watch

Charts of the Day video for Tuesday September 4th, 2018


Advanced Micro Devices, Inc. (AMD), after a pause of three or four days, consolidated, ran up and had a very quiet inside day on Friday, and on Tuesday it exploded another 2.89, or 11 1/2%, to 28.06, on 188 million shares. That’s huge volume. I don’t like it when a stock makes a higher high on lower volume. This stock has a long ban of resistance going back to 2006 when this stock hit 27.90, where Tuesday’s high is. If it extends, it might run up to 31-32, maybe 34. I’m not going to predict that, but I will say that on a short-term basis it may get to the 30 range.

Cronos Group Inc. (CRON) had a big reversal because of the Citron on Thursday, and on Tuesday came back up 1.27, or 13%, to 11.15, on 44 million shares. My immediate target is 12 3/4. When it gets through that, you’re looking at 14-15.

Stitch Fix, Inc. (SFIX) was up 2.69, or 6.63%, to 43.27, on 3.7 million shares on Tuesday. This stock looks awesome since the breakout and swing trade recommendation at around 30, and has gone up 14 points to 44. That was my secondary target. The next target is 49-50, and then 55.

Tilray, Inc. (TLRY) can’t get much better than this. In three and a half weeks this stock has gone up 200%. On Tuesday it was up another 11.81, or 18%, to 77.01, on 16 million shares. Is it ahead of itself? It sure is. Is this marijuana stock done? It doesn’t look like it. The next target 85-88 going forward.

Stocks on the long side included Micro Devices, Inc. (AMD), Arrowhead Pharmaceuticals, Inc. (ARWR), Bandwidth Inc. (BAND), Bovie Medical Corporation (BVX), Canopy Growth Corporation (CGC), Cronos Group Inc. (CRON), Etsy, Inc. (ETSY), Exact Sciences Corporation (EXAS), Innovate Biopharmaceuticals, Inc. (INNT), Nordstrom, Inc. (JWN), MannKind Corporation (MNKD), Neptune Technologies & Bioressources Inc. (NEPT), PetIQ, Inc. (PETQ), RADA Electronic Industries Ltd. (RADA), Recro Pharma, Inc. (REPH), Roku, Inc. (ROKU), Stitch Fix, Inc. (SFIX), Sangamo Therapeutics, Inc. (SGMO), Square, Inc. (SQ), TravelCenters of America LLC (TA), The Green Organic Dutchman Holdings Ltd. (TGODF), Tilray, Inc. (TLRY), Twilio Inc. (TWLO), and Unisys Corporation (UIS).

©2001-2019 TheTechnicalTrader (, a publication of AdviceTrade, Inc. All rights reserved.