Charts of the Day
ARMS, QURE, SFIX, VSTM — Stock Charts to Watch
Charts of the Day video for Thursday August 9th, 2018
by Harry Boxer, TheTechTrader.com
ARMS, QURE, SFIX, VSTM
Swing trade Amyris, Inc. (AMRS) broke out on Wednesday, and followed through on Thrusday with a clean breakout above the resistance zone. It was a small gain, up 22 cents, or 3%, to 7.84, on nearly a million shares. The next target is around 9.00, followed by 10 3/4.
uniQure N.V. (QURE) had a nice rebound on Thursday, with a thrust of 2.69, or 8.4%, to 34.65, on 404,252 shares traded. It formed a little extended V. This was a key day for this stock to breakout. It didn’t close above the 50, but it did take out the 10 and 21. Not a lot of volume traded. I’m looking for a retest of 40. When it gets through that, the next target is 47-8.
Stitch Fix, Inc. (SFIX) bounced 1.82, or 6%, to 31.75, on 1.8 million shares on Thursday. It is slowly edging backwards. After breaking out and then pulling back for one day, it resumed the advance. Short-term target is in the 32-32.10 range, and if it gets through that, the targets are 35, and maybe the high 30’s.
Verastem, Inc. (VSTM) broke out on Thursday, popping 88 cents, or 11%, to 8.67, on 7 million shares, and then it backed off. Right at the breakout point, we put a swing on it. I think it’s going to resume the advance, and make a run to the 11-12 zone.
Stocks on the long side included Amyris, Inc. (AMRS), ANGI Homeservices Inc. (ANGI), Alteryx, Inc. (AYX), Canopy Growth Corporation (CGC), PolarityTE, Inc. (COOL), Caesarstone Ltd. (CSTE), CenturyLink, Inc. (CTL), Funko, Inc. (FNKO), Health Insurance Innovations, Inc. (HIIQ), Michael Kors Holdings Limited (KORS), Mallinckrodt Public Limited Company (MNK), Match Group, Inc. (MTCH), Nuance Communications, Inc. (NUAN), Invitae Corporation (NVTA), Overstock.com, Inc. (OSTK), uniQure N.V. (QURE), R1 RCM Inc. (RCM), RF Industries, Ltd. (RFIL), Roku, Inc. (ROKU), SailPoint Technologies Holdings, Inc. (SAIL), Stitch Fix, Inc. (SFIX), Twilio Inc. (TWLO), Verastem, Inc. (VSTM), Xenon Pharmaceuticals Inc. (XENE), and Yelp Inc. (YELP).
1 Free Trial per Person. By signing up you agree to our terms. You will receive access to our Trading Room, plus account-related emails and our e-newsletter containing news, updates & promotions from TheTechTrader.com and our publisher AdviceTrade. You can withdraw your consent at anytime. See our privacy policy.
15 Days
FREE
No credit card required!
No credit card required!
Testimonials
“Since subscribing to your service, I live a dream life. I have officially made close to 3 million dollars over the past 18 months. AND I DO IT ALL DROM THE BEACH!”
ORCA Trading Room2018-06-02“The members knowledge shared and discussed today are a big part of my this is the greatest trading chat room on this earth! Of course HB's brilliant chart work and guidance is second to none! Feeling grateful!”
Slider Trading Room2018-06-09“I made $80,000 in one day with you and followed it up with a $120,000 day.... you are fantastic!”
"alps" Email2017-12-31“I wasn't sure about signing up here. I was impressed with the trial period but to take the big dive with the credit card? Anyway MARK has basically paid for me to be on here for the next decade so it turns out to have been a no-brainer all along.”
"StephenHollowPoint" Trading Room2018-01-10“Your NVDA, CLVS, NXPI, and MDVN picks have made me over $1.5 million!!!! TechTrader is Seriously the best investment I have ever made. Up $167K just today”
"ORCA" Trading Room2017-01-27“HB. I've had some very, very hard lessons over the years myself including some very, very massive wrong way bets on some leveraged etfs. Now recovering and have been averaging $43k a month (sometimes as high as $68-78k) in gains (with your help). I still remember around 2004 using your service and I believe you had a ca$h register sound when you were calling a trade. I'm hoping you can continue for another 10 years or so with some good market calls etc. In any event, you are one of my heroes in life.”
"StuRenr" Trading Room2016-09-04“Harry, thanks for picks like ZSAN and the hard work you do to make trades like this aware to the small retail trader. I only captured a small part of today's move but it was a two week paycheck for me. We do appreciate the long hours you put in every week to present great trading opportunities like this.”
"Michael" Trading Room2018-03-08“Since I joined your room recently your calls have been spectacular and have helped me with the type of trading I do. The final judge is always the $'s you make and they have been significant.”
PaulAP Trading Room2018-06-07“Day after day, month after month, no matter the overall condition of the market, folks can be assured the trades that HB presents and analyzes are the best and most timely the market has to offer. It is truly awesome. What's more, many of the ideas Harry presents are prescient and made available to the Tech Trader tribe often weeks before they are discussed on Cramer or mentioned in IBD. AS BK can attest, there is nobody better in the Game”
"Geo_88" Trading Room2016-11-20“This is the best site/chat group I have been in. Great value for the money you charge. In the 3 or 4 months I have been a subscriber, I have made enough money from your picks to only last me another 240 months.”
"Beto" Private Message2017-10-02“As validation of the great traders in this room and the expertise of HB's guidance. I have just reached a major milestone in my trading journey. Member since 2014 and today I have joined the 6 figure club in my trading account! So a big thank you to everyone and a bigger thank you to you HB for your outstanding service!”
"Slider" Trading Room2017-02-17“I've been at TechTrader for several years and, after trying many other services for a month or two, I have to say you're the absolute best in the business! Besides your awe-inspiring market genius, you're also a very special man. Wishing you every good thing in your next year! And thank you for all you do.”
"Christina" Trading Room2017-12-09“This is probably the best $200 I have spent on any product in a long time. Thank you Harry, you are a great teacher, and a great guide. Learning a lot while making a good profit. I have lost money when I do not listen to your targets and stops.”
"Prasad" Email2017-12-21“Hi, Harry, just wanted to give you some feedback of using your service. I started on 7/8 trading stock by reading your book and later joint your service. Today is 9/8, exactly 2 months. My total closed position is gaining $31077. Your service changed my path of life. Just want to express my appreciation.”
"gchu" Trading Room2016-09-08“I've been with you for 2 years and my accounts across the board are up well over 100%, and I think the best is still ahead!”
"hwyflier" Direct Message2017-12-17“I made enough money on my trial to pay for a year's subscription.”
"Suzieq" Email2017-11-22“[Harry's] ethics and reputation are impeccable... he seems to genuinely enjoy putting his heart into it and it shows. At 200 dollar investment for his guidance for the first month, I made about 24k the first month and... I can already feel that I am learning much about how to change my attitude and improve my discipline."”
Matt_Y Email2017-08-27“Can’t begin to thank you for the amazing education as well as all the good setups you have put me in and all bad situations you have helped me avoid. I am rarely able to watch a weekend webinar live and as a result rely on watching the taped video. That said, my kudos not only to you but to your staff behind the scenes that produce such top notch work. Your service is exceptional.”
MaineMark Trading Room2017-09-23“HB ……was just sitting here enjoying some lunch and reading thru the posts.
Got to say this: I am knocked out by your dedication HB to this site and community of traders. You put in SO MUCH WORK both during the session, before, and after. Including your great work on Saturday mornings, which no one would expect you to do.
The great traders here are too many to name, all with slightly different styles.
I was just struck by how much good stuff is here and wanted to give you a big thanks!”
"Gunnsmoke" Trading Room2017-07-08“Just made 3 yrs here on Nov 13th. have learned so much on how to read a chart and techs its remarkable. This is the imo the greatest board in the stock universe. So many good to great traders if you listen to HB or just listen to his targets their is really hardly no way you can not make money. Even just trading just a little bit as i am now.”
"opey8310" Trading Room2016-12-03“This month I started HB's intraday service. I was hesitant initially, since I am a busy mom of two little ones...and I mainly only do swings. But rarely do you have such a good opportunity to see a master navigate the market and ask him questions about your positions. There are some great swing trade ideas he talks about...and it is great to see how he looks at the charts. Even if you just have a few minutes, you will still benefit a lot!”
"edel" Trading Room2017-01-20“Hey HB. Great trading week and great trading ever since I joined. I am going to brag, no doubt about it. But I brag only to let you know you are making me some serious $$'s. This week alone was a +$230k on NVDA and MDVN. I trade very strictly to you entry points, exit points, place my stops, and sell just below your targets on ONLY your day trade ideas. I tell everyone about you. Your jokes can really bomb sometimes, but your trades are top notch.”
"ORCA" Trading Room2016-08-12“Good Morning to all
I first subscribed last August. I am a TC user since the late 90s when we would anxiously await the new floppy disc and then download the data, which took about an hour. Aw, the good ol' days. I first saw Harry on one of the TC webinars a while back so I was familiar with his work. My first hours in the room blew me away. I initially wondered who all these people were making all those posts. Just let HB do his thing! Boy, was wrong. I am amazed at the expertise of so many people in this room and read and look forward to your posts. So, thanks to Gunnsmoke, Andre, Suzyq, Peter F, Slider, Hutch, Cabbie, Tawfic and so many others. Though I can't often tune in during the day as I would like, I have never been on the site that I did not learn something. Any of you who have signed up for the trial, be ready to stay on board.
My favorite scan remains the HB recommendations! HB is the best technical indicator I've found.
I am happy to be the student here, HB the professor, and all the other great TTers the associate professors.”
Graham Trading Room2017-02-05“I also joined last year and have been very successful, thanks to HB and team members. I am an engineer so day trading is new to me, but trends and charting are in my expertise. I read the posts every day and I’m amazed with the talent in the room, their support and timely response . I would highly recommend this service to every trader”
Philippe Trading Room2017-02-05“Harry. I really appreciate all the guidance you provide in the TechTrader room. I've been a long term trader for many years and yet always poor at day trades. I realized Thursday that my portfolio has climbed 50% since I began in this room, even with all my mistakes. Most of my trades are now day or swing trades, and my returns have climbed significantly in the last month. This room has provided the best financial education I have ever found.”
"Jeff17" Trading Room2016-09-25“Harry...you have made a believer out of me....trial week.....100% winners.....11.9% gains before posted targets are hit...you are incredible.”
Loren2017-01-13“Just wanted to say thanks Harry. Your analysis is fantastic and I recently made 19% on ABEO. But, that is only one of many of your trades I have played (too many to list). Thanks for the hard work.”
"Beto" Private Message2017-09-28“Thx HB for some great trades this week.! You're guidance through these volatile markets is priceless.
Some great plays on both the Long & short side.”
"Wiseowl_Keith" Trading Room2017-05-20“I have learned a lot here and every day for me, is like coming to school and enjoying HB’s classes. HB is not only a great technical trader but a great teacher. How to apply his knowledge and make money is up to us. Thanks to HB and all the Techtraders for sharing your knowledge and experience.”
AngieH Trading Room2017-01-07“HB...just a note of thanks for your incredible service! Doing my weekly review and in the first two weeks of 2017 my trading account is up 17K and IRA +13K. Well on my way to paying my son's senior year of college and my retirement home! Member for life!”
"Slider" Trading Room2017-01-14