Charts of the Day Video by Harry Boxer https://www.thetechtrader.com/chartsoftheday/ Harry's Charts of the Day video presentation. en-us 2020-01-17 01:25:14 2020-01-17 01:25:14 info@thetechtrader.com (Harry Boxer) https://www.thetechtrader.com/images/harrypic.jpg 110 137 Charts of the Day Video by Harry Boxer https://www.thetechtrader.com/chartsoftheday/ ASLN, FLGT, LSCC, MNK, RAD, ZYXI ASLAN Pharmaceuticals Limited (ASLN) was recently added as a swing. This stock had a monstrous, explosive move in mid Nov, literally going from 38 cents to 8.18 in about 6-7 days, came down hard, did about a .375 Fibonacci retracement, and has been consolidating in a nice, little flag pattern. Note that it had a 2-day pop a week ago, then a 2-day pullback, on very low volume. On Thursday, it popped again 35 cents, or 14%, to 2.80, just pennies off its 2.83 high, on 711,523 shares traded. The gut feel here is that ASLN needs to take out 2.87, and then it will run to 4, and 5 next, but not much more than that. Keep an eye on the swing trade. There is potential for this stock. Note how it has held the 50-day moving average for about a month and a half.

Fulgent Genetics, Inc. (FLGT) had a nice, little uptrend that is coming towards the declining topsline at the apex of a large coil above the trendline. On Thursday, it was up 26 cents, or 1.85%, to 14.31, on 481,300 shares traded. I think that if it breaks out of this pattern, it will move to the 18-19 zone, and then maybe the 24-25 zone.

Lattice Semiconductor Corporation (LSCC) broke out of a 4-month consolidation and is in a big rising channel. It popped, we gave you a swing on it, it advanced three or four days, and backed off. On Thursday, it had a positive inside day after taking the hit on Wednesday, and still gained 43 cents, or 3%, to 21.28, after reaching a high of 21.44, on 11 million shares. Support is 20-20 1/4, and if it can get through 22.40, I’m looking for a move to 26-27

Mallinckrodt Public Limited Company (MNK) exploded as well. I gave you a buy on it, I think on Wednesday, it followed through on Thursday to the initial resistance at Thursday’s high at 5.75, gaining 75 cents, or 16.7%, to 5.24, on 29.4 million shares. The next target is 7.00. It looks like it has momentum and big volume as well.

Rite Aid Corporation (RAD) was a great swing when it broke out in Dec, ran up sharply, reversed, came down hard, which I suspected, but then the falling wedge broke out and we put a swing back on it. On Thursday, it was up just 7 cents, or 1.33%, to 13.00, but reached a high of 13.75 earlier in the day, on 7.5 million shares. Keep your stops under 11. Targets are 14 1/2 and 17 1/2.

Zynex, Inc. (ZYXI) popped out of a falling wedge recently, and we put a swing on it, and since then, from a very bullish, little, wedgy-like consolidation, on much lower volume, tells me it will go higher. On Thursday, it was up just 21 cents, or 2%, to 10.58, with a high of 10.78, on 196,000 shares traded. The key is that there are four tops in that area, and if it can take out 11-11 1/2, then we should see 13.

This list of swing trades included ASLAN Pharmaceuticals Limited (ASLN), Covetrus, Inc. (CVET), 3D Systems Corporation (DDD), Dynatrace Holdings (DT), Fulgent Genetics, Inc. (FLGT), Harmonic Inc. (HLIT), iQIYI, Inc. (IQ), Lattice Semiconductor Corporation (LSCC), Mallinckrodt Public Limited Company (MNK), Nektar Therapeutics (NKTR), Nuance Communications, Inc. (NUAN), O-I Glass, Inc. (OI), PolarityTE, Inc. (PTE), Rite Aid Corporation (RAD), Sonos, Inc. (SONO), Verona Pharma (VRNA), Xenon Pharmaceuticals Inc. (XENE), XPEL, Inc. (XPEL), and Zynex, Inc. (ZYXI).

]]>
https://www.thetechtrader.com/chartsoftheday/ASLN-FLGT-LSCC-MNK-RAD-ZYXI-202001172550.html 2020-01-17 01:25:14 https://www.thetechtrader.com/chartsoftheday/ASLN-FLGT-LSCC-MNK-RAD-ZYXI-202001172550.html
CGC, IMGN, KERN, LLNW Canopy Growth Corporation (CGC) finished off the highs just under 26 on Wednesday, but above my 25-target, having jumped 1.05, or 4.4%, to 24.90, after reaching a high of more than a dollar higher at 25.97, on 21 million shares. This is one of the biggest volumes we’ve seen on this stock, which tells me it's a key-key breakout technical. I think it can go higher. My initial target is in the 28.85-29 zone, and there is a gap there as well right at 29.62. I think that’s an area it can get up to, but it may pull back. Longer-term, though, I think mid 30’s is doable.

Current swing trade ImmunoGen, Inc. (IMGN) had a pop in Nov, wedged, popped, pulled back, made an explosive move to my target, then pulled back in a falling wedge, made a 3-wave corrective move, and then on Wednesday, it snapped back 36 cents, or 7.84%, closing at the session high at 4.95, on 2.2 million shares. I think it’s going to test the highs at 6-6.10, and then run up towards 8.

Akerna (KERN) had a big run-up in Nov-Dec, which took it from about 3.14, or thereabout, to about 12.50, it had a long pullback falling wedge that took it all the way back down to about 7.16, and then on Wednesday, it popped 1.76, or 24.3%, to 9.00, after reaching a high of 9.39, on 629,165 shares traded. There's some resistance at 10 1/4, and if it gets through that level, the next target on a swing will be around 13.

Limelight Networks, Inc. (LLNW) has a really nice pattern, and you can see that it broke through resistance,and then on Wednesday, it popped 38 cents, or 8.46%, to 4.87, just pennies off the 4.91 high, on 1.7 million shares. The next target is about 5.35, and beyond that, the target is 6.

Stocks on the long side included Applied Optoelectronics, Inc. (AAOI), Canopy Growth Corporation (CGC), 3D Systems Corporation (DDD), Endo International plc (ENDP), Fulgent Genetics, Inc. (FLGT), Foamix Pharmaceuticals Ltd. (FOMX), Forterra, Inc. (FRTA), ImmunoGen, Inc. (IMGN), Akerna (KERN), Limelight Networks, Inc. (LLNW), Mallinckrodt Public Limited Company (MNK), NIO Inc. (NIO), Neoleukin Therapeutics, Inc. (NLTX), OrganiGram Holdings Inc. (OGI), PG&E Corporation (PCG), Purple Innovation, Inc. (PRPL), Rite Aid Corporation (RAD), Cassava Sciences, Inc. (SAVA), SmileDirectClub, Inc. (SDC), Origin Agritech Limited (SEED), and Sorrento Therapeutics, Inc. (SRNE).

]]>
https://www.thetechtrader.com/chartsoftheday/CGC-IMGN-KERN-LLNW-202001152549.html 2020-01-15 17:00:17 https://www.thetechtrader.com/chartsoftheday/CGC-IMGN-KERN-LLNW-202001152549.html
AGTC, AIMT, DNLI, HALO, IRIX, RAD Applied Genetic Technologies Corporation (AGTC) exploded from the Dec low when it was trading at about 2 3/4 to 5 1/2 in 4-5 days, pulled back in a nice coil, exploded again from 4, and change, to 9, and change, pulled back for two days, formed a little wedge, and on Tuesday, it popped out of the wedge, gaining 82 cents, or 10.8%, to 8.34, after reaching a high of 8.45, on 1.2 million shares. It looks like it’s possibly at the beginning of another move higher. Resistance is at 9 1/2, which is my near-term target for Wednesday. Beyond that look for 11, and if it goes crazy, 15.

Aimmune Therapeutics, Inc. (AIMT) has had a beautiful uptrend since it spiked in Sept, pulled back in a falling wedge, popped out of the wedge and ran up to the resistance level, formed another falling wedge, and then ran five waves up. The snapback on Tuesday was so strong, but then it exploded 4.00, or 13%, to 35.00, just 8 cents off the session’s 35.08 high, on 1.6 million shares. If it gets through the 35 area, it’s going to accelerate to the high 30’s.

Denali Therapeutics Inc. (DNLI) jumped 5.16, or 29.35%, to 22.74, after reaching a high of 29.92, on Tuesday, on a whopping 2.6 million shares, nearly 8 times the average volume, and then was up another 26 cents higher in after hours. I haven’t seen that much volume on this stock for a year and a half. I think the breakout above the double top in the 22.74 area, could send it to 25, and then it may get to 28-29.

Halozyme Therapeutics, Inc. (HALO) has a beautiful base, breakout, and retest. The pattern got a nice surge, and then Tuesday’s pop, in particular, the breakaway gap, retest, and breakout on Tuesday of 1.11, or 6%, to 20.06, before pulling back to 19.88, on 2.6 million shares traded. I’m looking for 21 1/2 next.

IRIDEX Corporation (IRIX) had a big pop of 1.15, or 49%, to 3.51, with a high of 3.69, on 1.2 million shares on Tuesday. We traded that nicely. It formed a breakaway gap, popped, pulled back, and then it took off again. If it gets a follow-through on Wednesday, we should see 4.00-4.15. If it gets through that, it may get to 5, and then 6 going forward. Keep your eye on this one. I think it has momentum.

Rite Aid Corporation (RAD) had a beautiful explosive move on Tuesday to 12.76, but the big Fibonacci retracement brought it back down to a reasonable point where I think it’s a buy. I put a swing on it. It closed up 62 cents, or 5.32%, to 12.28, on 9.155 million shares. Going forward, targets are 14 1/2 and 17.

Stocks on the long side included Applied Genetic Technologies Corporation (AGTC), Aimmune Therapeutics, Inc. (AIMT), Amneal Pharmaceuticals, Inc. (AMRX), Ballard Power Systems Inc. (BLDP), Canopy Growth Corporation (CGC), Cerence Inc. (CRNC), 3D Systems Corporation (DDD), Denali Therapeutics Inc. (DNLI), Endo International plc (ENDP), Forterra, Inc. (FRTA), Halozyme Therapeutics, Inc. (HALO), Ichor Holdings, Ltd. (ICHR), IRIDEX Corporation (IRIX), Karuna Therapeutics, Inc. (KRTX), La Jolla Pharmaceutical Company (LJPC), MagnaChip Semiconductor Corporation (MX), Nautilus, Inc. (NLS), PG&E Corporation (PCG), Perion Network Ltd. (PERI), Rite Aid Corporation (RAD), Avita Medical Limited (RCEL), Cassava Sciences, Inc. (SAVA), SmileDirectClub, Inc. (SDC), Tilray, Inc. (TLRY), XBiotech Inc. (XBIT), and Intersect ENT, Inc. (XENT).

]]>
https://www.thetechtrader.com/chartsoftheday/AGTC-AIMT-DNLI-HALO-IRIX-RAD-202001142548.html 2020-01-14 17:55:15 https://www.thetechtrader.com/chartsoftheday/AGTC-AIMT-DNLI-HALO-IRIX-RAD-202001142548.html
BLDP, CGC, DDD, INMD, LK, LSCC, NKTR, NUAN Ballard Power Systems Inc. (BLDP) had a spike up on big volume on Monday, gaining 74 cents, or 8.16%, to 9.81, after reaching a high of 10.93, on 12 million shares. That might just be a short-term top. We’ll have to wait and see. It has gone from the Dec pullback low of 5.50 to 10.93, nearly doubling. It broke out of a rising channel on Monday, accelerated, and even took out the short-term channel. The high was 1.12 from where it closed and, yet, still it was up.

Canopy Growth Corporation (CGC), one of the stocks in the marijuana group that I am watching closely and a swing of ours, is not only an industry leader, but a fantastic chart. This stock came down in April from 52.75 to 13.81 at the low in Nov, then spiked up, pulled back, spiked up and pulled back again, formed a basing pattern, and on Monday, broke out, jumping 2.57, or 12.5%, to 23.11, after reaching a high of 23.20, on 18 million shares traded. That’s the biggest volume we’ve seen in a couple months. It looks to me like, if it gets a follow-through, 25 1/2 and 29 are the targets.

3D Systems Corporation (DDD) is ripping it. It has a beautiful bottom after a long decline, it broke out, stalled for two days, and on Monday accelerated 1.23, or 12.3%, to 11.22, after reaching a high of 11.33, on 4.7 million shares. It looks like it’s going to test resistance as early as tomorrow morning around 11 1/2.

InMode Ltd. (INMD) continues its move of the last five sessions that broke it out of the falling wedge, popping another 2.60, or 6.17%, to 44.74, after reaching a high of 45.34, on 1.8 million shares on Monday. There’s resistance at the 45 1/2-46 range. If it can get through here, we should see a test of 49, and possibly as high as 55, which are my targets going forward.

Luckin Coffee Inc. (LK) is a monster and has moved from the Nov low around 18, to about 150%, to Monday’s session high and 52-week high at 47.65, and added another 50 cents, or 1.09%, in after hours, having jumped 2.58, or 6%, to 45.90, on 17 million shares. For me, this is the kind of stock, after a 5-wave move, it may be dangerous going higher. It’s extended, has momentum, and it can still accelerate to the low 50’s, but be careful, it’s due for a pullback on profit-taking.

Lattice Semiconductor Corporation (LSCC) broke out four days ago, we noted it, it stalled for two days, and then popped and broke out of that area on Monday, running 84 cents, or 4%, to 22.07, after reaching a high of 22.37, on 3.5 million shares. I’m targeting the 28 and 31-32 zones going forward.

Nektar Therapeutics (NKTR) had a breakaway on Friday, followed through a little on Monday, gaining 48 cents, or 2%, to 27.40, after reaching a high of 28.60, on 6.3 million shares. It basically filled the gap and backed off a little. But the next targets are 31 1/2 and 36.

Nuance Communications, Inc. (NUAN) is making its way upward. I put a swing on it on Monday with a major breakout of 95 cents, or 5.16%, to 19.35, after reaching a high of 19.45, on 7.4 million shares. That was the highest level in seven years. I’m looking for a run to the 22-23 zone.

Stocks on the long side included Aphria Inc. (APHA), Canopy Growth Corporation (CGC), Alphatec Holdings, Inc. (ATEC), AudioCodes Ltd. (AUDC), Ballard Power Systems Inc. (BLDP), Beyond Meat, Inc. (BYND), 3D Systems Corporation (DDD), InMode Ltd. (INMD), Inovio Pharmaceuticals, Inc. (INO), La Jolla Pharmaceutical Company (LJPC), Luckin Coffee Inc. (LK), Lattice Semiconductor Corporation (LSCC), NantKwest, Inc. (NK), Nektar Therapeutics (NKTR), Nautilus, Inc. (NLS), Nuance Communications, Inc. (NUAN), Orion Energy Systems, Inc (OESX), PG&E Corporation (PCG), RADA Electronic Industries Ltd. (RADA), Revance Therapeutics, Inc. (RVNC), Virgin Galactic Holdings, Inc. (SPCE), SunPower Corporation (SPWR), Savara Inc. (SVRA), Veru Inc. (VERU), Verona Pharma (VRNA), and Intersect ENT, Inc. (XENT).

]]>
https://www.thetechtrader.com/chartsoftheday/BLDP-CGC-DDD-INMD-LK-LSCC-NKTR-NUAN-202001132547.html 2020-01-13 18:20:15 https://www.thetechtrader.com/chartsoftheday/BLDP-CGC-DDD-INMD-LK-LSCC-NKTR-NUAN-202001132547.html
2020-01-12 14:15:48 https://www.thetechtrader.com/chartsoftheday/202001122546.html 2020-01-12 14:15:48 https://www.thetechtrader.com/chartsoftheday/202001122546.html AMRX, IQ, JNCE, REPH, SE, SONO Amneal Pharmaceuticals, Inc. (AMRX) looks pretty good. It popped 17 cents, or 3.76%, to 4.69, with a high of 4.73, on 1.9 million shares on Thursday. If you look at the overall structures, it has a beautiful base, broke out, and then coiled or wedged. If it breaks this pattern, I’m looking for 5 3/4, 6 1/2, 7 1/2, and ultimately to 8 1/2-9.

iQIYI, Inc. (IQ) is moving up steadily, and on Thursday it gained another 50 cents, or 2.08%, to 24.52, on 9.2 million shares traded. It had a recent breakout and a retest, and that pop is what got me interested. Now, it’s run up to the next target zone at 25.00 from the late March high, and the high on Thursday was 24.89. If it can get through there and accelerate, momentum will carry it to 28.

Jounce Therapeutics, Inc. (JNCE) ran up 26 cents, or 3.3%, to 7.97, with a high of 8.18, on 482,819 shares traded on Thursday. It made an explosive move around Dec 1, pulled back, looked like it was going to break out, backed off one more time to a triple bottom, support, and trendline all around the 7.50 range. If it holds that, targets are 10 and 13.

Recro Pharma, Inc. (REPH) got up to resistance and broke out slightly mid Jan, was not able to follow through, stalled for three days in a row, backed off to test the trendline, and 50-day moving average. On Thursday, it was up 31 cents, or 2%, to 16.78, with a high of 16.99, on 107,920 shares traded.

Sea Limited (SE) popped 37 cents, or 1%, to 40.53, with a high of 49.90, but was up 32 cents in after hours, on 3.1 million shares on Thursday. This stock was originally given to you back in March when it popped and pulled back, then ran up, made it through two targets, came back down in Aug, broke out again, and I put another swing on it. I think it will go substantially higher. I’m looking for 45-46, 47, and then around 51-52.

Sonos, Inc. (SONO) popped 42 cents, or 2.8%, to 15.36, with a high of 15.41, on nearly a million shares on Thursday. Looking back, it broke out in Aug, we put a swing on it, it pulled back after it reached its target, then tagged it several times. It was unable to get through by much, stalled for four days, and then come down to support. Ideally, I would need to see it hold right there. Going forward, the target is 14.

Stocks on the long side included First Majestic Silver Corp. (AG), Amneal Pharmaceuticals, Inc. (AMRX), Coda Octopus Group, Inc. (CODA), Cerence Inc. (CRNC), Covetrus, Inc. (CVET), Dynatrace Holdings (DT), Eldorado Gold Corporation (EGO), Immunomedics, Inc. (IMMU), Inovio Pharmaceuticals, Inc. (INO), iQIYI, Inc. (IQ), Jounce Therapeutics, Inc. (JNCE), Montage Resources Corporation (MR), Neoleukin Therapeutics, Inc. (NLTX), O-I Glass, Inc. (OI), Recro Pharma, Inc. (REPH), Cassava Sciences, Inc. (SAVA), Sea Limited (SE), Origin Agritech Limited (SEED), Sientra, Inc. (SIEN), Sonos, Inc. (SONO), XPEL, Inc. (XPEL), and Zynex, Inc. (ZYXI).

]]>
https://www.thetechtrader.com/chartsoftheday/AMRX-IQ-JNCE-REPH-SE-SONO-202001092545.html 2020-01-09 16:50:15 https://www.thetechtrader.com/chartsoftheday/AMRX-IQ-JNCE-REPH-SE-SONO-202001092545.html
CLVS, COLL, DERM, LSCC, SAVA, SGMS Clovis Oncology, Inc. (CLVS) had a big reversal day on Wednesday. After plunging under the 50-day on Tuesday, it reached a nominal low at 8.11, before exploding to 11.28, and then pulling back to close up 2.30, or 27%, to 10.77, with a high of 11.28, on 16.5 million shares. That’s the best volume in a month. I think it might be the reversal we were looking for here. I’m not saying it will go 14 points like we did previously, but if it did, it could see 22, which is my secondary target. My initial targets are 13 1/2 and 17.

Collegium Pharmaceutical, Inc. (COLL), which is one of my top pics for the year, popped through key resistance in that zone and backed off. Still, it gained 2.20, or 11%, to 22.13, with a high of 22.67, on 928,678 shares traded. That was the best volume in two months. It looks to me like it’s headed to 25, and then 27-28.

Dermira, Inc. (DERM) is following its trend and doing very well. It exploded up to a double top on Wednesday, reaching session and 52-week high at 19.30, before pulling back and closing up 2.11, or 13.6%, to 17.56, on 4.9 million shares. I think it’s going to make it to the 23-23 1/2 range, but it may pull back and consolidate first.

Lattice Semiconductor Corporation (LSCC) may be breaking out. It did very well, but it needed time to consolidate, which took four-five months. But on Wednesday, it popped 1.11, or 5.5%, to 21.21, reaching session and 52-week high at 21.71, on 3.3 million shares. At this point, it’s breaking out and heading to 27-27 1/2, which is my next target.

Cassava Sciences, Inc. (SAVA) is looking awfully good, and I don’t think it’s done yet. On Wednesday, it was up 90 cents, or 12%, to 8.60, reaching a high of 9.06, on a solid 8.4 million shares traded. I was a little concerned for a couple days when it came down to the trendline and held support. Going forward, the next target is 11.40, and then 15-16.

Scientific Games Corporation (SGMS) popped and took out a three-wave, corrective-pullback, falling channel on Wednesday, which held support at the breakout point, and popped 2.00, or 7.4%, to 28.98, reaching a high of 29.56, on 1.6 million shares. If it can get through 31 3/4, or so, this stock could be 36-37, which are the targets going forward.

Stocks on the long side included Akebia Therapeutics, Inc. (AKBA), Canopy Growth Corporation (CGC), Clovis Oncology, Inc. (CLVS), Collegium Pharmaceutical, Inc. (COLL), 3D Systems Corporation (DDD), Dermira, Inc. (DERM), FuelCell Energy, Inc. (FCEL), Kiniksa Pharmaceuticals, Ltd. (KNSA), nLIGHT, Inc. (LASR), Luckin Coffee Inc. (LK), Lattice Semiconductor Corporation (LSCC), Maxar Technologies Inc. (MAXR), Perion Network Ltd. (PERI), U.S. Auto Parts Network, Inc. (PRTS), Cassava Sciences, Inc. (SAVA), SeaChange International, Inc. (SEAC), Scientific Games Corporation (SGMS), TG Therapeutics, Inc. (TGTX), and Weight Watchers International I (WW).

]]>
https://www.thetechtrader.com/chartsoftheday/CLVS-COLL-DERM-LSCC-SAVA-SGMS-202001082541.html 2020-01-08 20:05:14 https://www.thetechtrader.com/chartsoftheday/CLVS-COLL-DERM-LSCC-SAVA-SGMS-202001082541.html
APA, BYND, INMD, PERI, SPNS, SYRS Apache Corporation (APA) was up 6.87, or 27%, to 32.51, closing just pennies off the 32.58 high, on 36.5 million shares on Tuesday. That may be the biggest volume ever seen on this stock. It had a major oil discovery of the northeast coast of South America, the biggest gain in nearly 50 years. This stock, which was wedging, exploded and closed at the high end of the range going away. I expect, with that kind of move and that kind of volume, we’ll see a follow-through. My target is 38-39.

Beyond Meat, Inc. (BYND) had a big pop as their major rival, Impossible Foods, not able to be a McDonald’s supplier, dropped out of the race on Tuesday. BYND jumped 9.30, or 12 1/2%, to 83.89, on nearly 12 million shares. It traded an early morning low of 75.03, ran up to the high near my target zone at 85 to 84.88, and pulled back. This might be a breakaway move, so we’ll have to see if there’s a follow-through. Key, short-term resistance is 90. Beyond that we’re looking at 97-98, and then 110-111.

InMode Ltd. (INMD) pullback was more than I wanted to see, but it did reverse on Tuesday, and ran 2.97, or 8.48%, to 38.01, reaching 38.89, on 1.6 million shares. Again, we’ll have to see if there’s a follow-through. If it does, for starters I want to see it take out 40 1/2, and then blow through 45. Those are my near-term targets. It could go much higher with volume.

Perion Network Ltd. (PERI) is trending, surging with volume, and broke out above the Aug high. Now, it’s in a channel, which tells me it might accelerate. On Tuesday, it popped 46 cents, or 6.43%, to 7.76, not far off the high at 7.86, on 758,103 shares traded. Targets going forward are 10 and 12.

Sapiens International Corporation N.V. (SPNS) has been in a beautiful uptrend for over a year, and with the breakout on Tuesday out of a two-month flag, it ran up 1.48, or 6.37%, to 24.73, reaching 24.98, on 111,793 shares traded. I think this stock is going to 27.

Syros Pharmaceuticals, Inc. (SYRS) exploded three weeks ago, pulled back in a coil, and got very tight and very quiet, until Tuesday when it popped 44 cents, or 6.34%, to 7.38, not far off the 7.44 high, on 281,815 shares traded. I think it might be the beginning of a move, with targets of 8 1/2 and then 10-10 1/2.

Stocks on the long side included Apache Corporation (APA), Apellis Pharmaceuticals, Inc. (APLS), Aurinia Pharmaceuticals Inc. (AUPH), Beyond Meat, Inc. (BYND), Covetrus, Inc. (CVET), Bitcoin Investment Trust (GBTC), Himax Technologies, Inc. (HIMX), InMode Ltd. (INMD), Inseego Corp. (INSG), Inphi Corporation (IPHI), Kiniksa Pharmaceuticals, Ltd. (KNSA), Lattice Semiconductor Corporation (LSCC), Micron Technology, Inc. (MU), O-I Glass, Inc. (OI), Perion Network Ltd. (PERI), Purple Innovation, Inc. (PRPL), Sapiens International Corporation N.V. (SPNS), Stage Stores, Inc. (SSI), Syros Pharmaceuticals, Inc. (SYRS), TG Therapeutics, Inc. (TGTX), Weight Watchers International I (WW), and Xenon Pharmaceuticals Inc. (XENE).

]]>
https://www.thetechtrader.com/chartsoftheday/APA-BYND-INMD-PERI-SPNS-SYRS-202001072540.html 2020-01-07 17:40:22 https://www.thetechtrader.com/chartsoftheday/APA-BYND-INMD-PERI-SPNS-SYRS-202001072540.html
BILI, DT, KALA, OSTK, PERI, RADA Bilibili Inc. (BILI) exploded on Monday, jumping 1.13, or 5%, to 23.21, reaching a new all-time high of 23.45, on 11 million shares. In the last five days it has gone from 18 to 23.45. It may be extended and may need to back and fill, but it looks like it’s headed to the high 20’s.

Dynatrace Holdings (DT) went to a triple-top on Monday and I put a swing on it. It just kept running and ran up 2.63, or 10%, to 28.95, reaching a high of 29.21, on 4.6 million shares. In after hours it ran up another 39 cents, or 1.35%, to 29.34. It’s four waves up and a fifth wave is underway for this recent IPO. Looks like it’s headed to 34-35.

Kala Pharmaceuticals, Inc. (KALA) exploded 1.01, or 26.37%, to 4.84, reaching a high of 5.00, on 2.1 million shares on Monday. That was a big move for KALA. The biggest day I’ve seen this stock trade, on an up day especially, was on its IPO day. It is up against resistance and the declining topsline. Now, the major declining topsline may be taken out and this could be a much bigger mover. Look for a target around 6 3/4, and at some point, later down the road, you may see this stock run up to the 8 1/2-9 zone.

Overstock.com, Inc. (OSTK) sure popped on Monday, gaining 99 cents, or 14%, to 8.20, closing just pennies off the high at 8.25, on 4.5 million shares. That was the biggest volume on an up day since Oct when it tried to rebound off that big pullback. You can see the breakout from the base that it was in, and a big one, with a nice bar up. There’s resistance up in the 9.00 range. My near-term target is 9 1/4, and then I’m looking for 10 1/2-11.

Perion Network Ltd. (PERI) popped 74 cents, or 11%, to 7.30, with a high of 7.57, on 1.3 million shares on Monday and broke out across the Aug high and accelerated with big volume. At this point, I wouldn’t be shocked to see 8, 9, 11 or 12 in the next few weeks or months. This stock is looking good.

RADA Electronic Industries Ltd. (RADA), one of our picks for the year, exploded on Monday, and jumped 91 cents, or 16%, to 6.49, reaching a high of 7.00, on 2.2 million shares. I think this stock is just starting to run. The next leg will take it to 12 1/2, and then 17, at some point.

Stocks on the long side included Arbutus Biopharma Corporation (ABUS), Bilibili Inc. (BILI), Ballard Power Systems Inc. (BLDP), BioNTech SE (BNTX), California Resources Corporation (CRC), Dynatrace Holdings (DT), Hepion Pharmaceuticals, Inc. (HEPA), iCAD, Inc. (ICAD), Inseego Corp. (INSG), Kala Pharmaceuticals, Inc. (KALA), Kiniksa Pharmaceuticals, Ltd. (KNSA), LMP Automotive Holdings, Inc. (LMPX), The Michaels Companies, Inc. (MIK), Montage Resources Corporation (MR), O-I Glass, Inc. (OI), Oncolytics Biotech Inc. (ONCY), Overstock.com, Inc. (OSTK), Perion Network Ltd. (PERI), Plug Power Inc. (PLUG), Protalix BioTherapeutics, Inc. (PLX), RADA Electronic Industries Ltd. (RADA), SmileDirectClub, Inc. (SDC), and 21Vianet Group, Inc. (VNET).

]]>
https://www.thetechtrader.com/chartsoftheday/BILI-DT-KALA-OSTK-PERI-RADA-202001062539.html 2020-01-06 18:49:21 https://www.thetechtrader.com/chartsoftheday/BILI-DT-KALA-OSTK-PERI-RADA-202001062539.html
Top 30 for 2020 https://www.thetechtrader.com/chartsoftheday/Top-for-202001042538.html 2020-01-04 14:00:22 https://www.thetechtrader.com/chartsoftheday/Top-for-202001042538.html