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BTAI, KL, CRC, VLO — Stock Charts to Watch

Charts of the Day video for Thursday December 27th, 2018

BTAI, KL, CRC, VLO

BioXcel Therapeutics, Inc. (BTAI) had a huge reversal on big volume Thursday, popping 1.95, or 81%, to 4.36, on 2.7 million shares and closed at the upper end of the range.

Kirkland Lake Gold Ltd. (KL) had an inside day on Thursday, but a positive one, moving up 71 cents, or 2.8%, to 26.03, on 1.1 million shares, and closing at the highest close in its history at 26.08.

California Resources Corporation (CRC) had a nice follow-through day on Thursday, jumping 48 cents, or 2.83%, to 17.46, on 2.3 million shares. See the V-bottom, a right-hand extension, then a platform, and now it’s headed up toward 19-20.

Valero Energy Corporation (VLO) also had a nice reversal on Thursday, up 1.32, or 1.8%, to 74.63, 4.9 million shares, taking it from under 69.00 to a high of 74.63. It looks to me like it’s going to test resistance as early as Friday morning at 75-75 1/4, and if it gets through that, this is an 80-dollar stock.

Stocks on the long side included AbbVie Inc. (ABBV), BioXcel Therapeutics, Inc. (BTAI), LiveXLive Media, Inc. (LIVX), MOGU Inc. (MOGU), Kirkland Lake Gold Ltd. (KL), NF Energy Saving Corporation (NFEC), Direxion Daily Gold Miners Bull 3X ETF (NUGT), California Resources Corporation (CRC), and Valero Energy Corporation (VLO).




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