Charts of the Day Video by Harry Boxer Harry's Charts of the Day video presentation. en-us 2019-02-19 22:50:14 2019-02-19 22:50:14 (Harry Boxer) 110 137 Charts of the Day Video by Harry Boxer 2019-02-19 22:50:14 2019-02-19 22:50:14 2019-02-16 14:50:39 2019-02-16 14:50:39 AMSC, CRNT, EOLS, LSCC It was an interesting day on Wall Street on Thursday, and a lot of stocks we follow are doing well, so let’s take a look at some of those.

American Superconductor Corporation (AMSC), a swing trade of ours, which has been enforced since Nov. This is a beautiful stock, and it continues to push its way upward. It has gone from 6.00 to nearly 16.00. On Thursday, it was up 38 cents, or 2.46%, to 15.80, on 344,561 shares traded, and reached as high as 15.94. Looking at the long-term chart, it’s pushing up against what looks to me like the highs from 2014 at 21.50. My target is 19 3/4-20. I think it has four more points of it.

Ceragon Networks Ltd. (CRNT), another swing trade of ours, has been a beautiful chart all year. On Thursday, it was up 31 cents, or 6.86%, to 4.83, on 1.6 million shares. It’s two waves up and the third wave is underway to a move up to at least 6 1/2-3/4. That’s my target for CRNT.

Swing trade Evolus, Inc. (EOLS) was up 1.26, or 4.85%, to 27.26, on 1.4 million shares and reached a high of 28.16 on Thursday. This is an awesome-looking stock. It has an inverse head-and-shoulder, breakaway gap with huge volume, a pullback, a pop, and another retest and pop. It looks to me like, the way this is setting up, it could run to the mid 30’s, and then 40. Those are the targets for EOLS.

Lattice Semiconductor Corporation (LSCC) is moving. On Thursday, it popped 90 cents, or 8.49%, to 11.50, on over 11 million shares, reaching a high of 11.33. I went in long and broke out with a major breakaway gap on Wednesday, it got up to resistance and stopped like it wasn’t even there. At this point, it might get to 14, but it might need to back and fill and set up some pause that refreshes first.

Stocks on the long side included American Superconductor Corporation (AMSC), Bloom Energy Corporation (BE), Ceragon Networks Ltd. (CRNT), Diodes Incorporated (DIOD), Evolus, Inc. (EOLS), Extreme Networks, Inc. (EXTR), Arcimoto, Inc. (FUV), Gridsum Holding Inc. (GSUM), Turtle Beach Corporation (HEAR), Invacare Corporation (IVC), Lannett Company, Inc. (LCI), Lattice Semiconductor Corporation (LSCC), Marathon Oil Corporation (MRO),, Inc. (OSTK), Quotient Limited (QTNT), Roku, Inc. (ROKU), Tellurian Inc. (TELL), Titan Medical Inc. (TMDI), Tencent Music Entertainment Group (TME), Tandem Diabetes Care, Inc. (TNDM), Vericel Corporation (VCEL), Energous Corporation (WATT), YETI Holdings, Inc. (YETI), and Zuora, Inc. (ZUO).

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SOLO, CRON, LSCC, NVTA The market had a fairly good trading day on Wednesday, finishing higher. After some strong early action, and then a pullback, they firmed up. A lot of stocks we follow are doing well, a couple of them explosively. Let’s start off here with the chart of the day.

Electrameccanica Vehicles Corp. (SOLO) was up 2.99, or 223.13%, to 4.33, on over 40 million shares traded on Wednesday. In after hours it was up another 1.17 or 27%, going from 4.33 to 5.50, before moving into a coil pattern. When you see a chart that looks like this--pop, coil, pop coil, pop flag, run-up, flag, flag--just know, it’s one of those charts that last all day. The way you stay in the chart is by staying in the pattern and continuing to raise your stops. Net-net, this chart had a huge run-up, a huge explosive move, it was up against resistance and took out the 4.33 area. You might see this stock move, potentially, as high as the 6-7 range as early as Thursday. It got up to almost 6.00 in after hours. I wouldn’t be shocked to see a follow-through, but I wouldn’t chase this stock.

After a monster run that took Cronos Group Inc. (CRON) from 9 3/4 to the 26 range, it pulled back in a very neat, orderly wedge, and on Wednesday, it closed up 78 cents, or 4%, to 20.45, on over 17 million shares. Obviously, you want to stop it just under 18.65-.75, because it can come down to 17 1/2, even 15 1/2 again. But, for now, if this wedge breaks to the upside, I would not be shocked if this stock made a run to the high 30’s, in the 36 area.

Lattice Semiconductor Corporation (LSCC) had an incredible day on Wednesday with a blowout earnings report, taking it for a run up 2.42, or 291/2%, to 10.60, on 15 million shares. That’s as big a day I’ve ever seen on this stock. It’s at the top of the channel near long-term lateral resistance. If it starts to run, look for 15, 23, 25, and so on, as targets going forward.

Invitae Corporation (NVTA) has a beautiful bottom with a right-handed, extended-platform flag holding the 50, and popping 1.10, or 8%, to 15.65, on 2.2 million shares on Wednesday. Keep an eye on this one. If it makes a move through 16, targets are 18 1/2 and 22 1/2.

Stocks on the long side included Electrameccanica Vehicles Corp. (SOLO), Avalara, Inc. (AVLR), Canopy Growth Corporation (CGC), CleanSpark, Inc. (CLSK), California Resources Corporation (CRC), Cronos Group Inc. (CRON), eGain Corporation (EGAN), Freeport-McMoRan Inc. (FCX), Intrepid Potash, Inc. (IPI), Knight-Swift Transportation Holdings Inc. (KNX), Louisiana-Pacific Corporation (LPX), Lattice Semiconductor Corporation (LSCC), Invitae Corporation (NVTA), OncoCyte Corporation (OCX), Arcadia Biosciences, Inc. (RKDA), The Green Organic Dutchman Holdings Ltd. (TGODF), Unisys Corporation (UIS), and Uxin Limited (UXIN).

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HEAR, IO, PYX, QTT, ROKU, TNDM It was spectacular day on Wall Street on Tuesday, and a lot of our stocks popped and ran. We are going to take a look at several. Below are a few of those that we highlighted here.

Turtle Beach Corporation (HEAR) had a good day on Tuesday, and popped 1.25, or 8%, to 17.00, on 1.8 million shares. You can see the base, and if it should get up through resistance at 17 3/4, I think this stock has a shot at 22, 25, and 28 going forward.

ION Geophysical Corporation (IO) is looking well. After a pop and breakout three days ago, and a couple day’s pullback, it’s out on the run again. On Tuesday, it was up just 65 cents, or 5.58%, to 12.30, on 151,054 shares traded. The volume was pretty low, but I think this stock was designed to be 14 1/2 and 18.

Pyxus International, Inc. (PYX) made a big move on Tuesday, popping 5.76, or 33%, to 23.12, on 7.3 million shares. This stock led the way on Tuesday in terms of percent-gainers. It was a beautiful move. I think it’s going to test 28 as early as Wednesday morning.

Qutoutiao Inc. (QTT) also popped on Tuesday and took out a wedge. It ran up 2.28, or 19%, to 14.07, on 2.33 million shares. OBV is making new highs and the trend looks very good. I would look for a move to the 17-18 zone.

Roku, Inc. (ROKU) has a rather large wedge that may have been broken on Tuesday. It popped 2.23, or 5%, to 49.21, on 9.8 million shares and is looking pretty darn good. I like the looks of it for a move up to about 57-58.

Tandem Diabetes Care, Inc. (TNDM) popped again on Tuesday, and took out that platform I’ve been showing you, reaching up towards the 49 1/2 area that I reached back in Sept on a snapback high. It jumped 2.08, or 5%, to 46.45, on 3.55 million shares on Tuesday, reaching a high of 49 even. If it can get above the 49-50 zone, we’re looking at high 50’s going forward.

Stocks on the long side included Amarin Corporation plc (AMRN), Aphria Inc. (APHA), Arrowhead Pharmaceuticals, Inc. (ARWR), Bed Bath & Beyond Inc. (BBBY), Bruker Corporation (BRKR), Chegg, Inc. (CHGG), CleanSpark, Inc. (CLSK), Corbus Pharmaceuticals Holdings, Inc. (CRBP), CorMedix, Inc. (CRMD), Diebold Nixdorf, Incorporated (DBD), Exelixis, Inc. (EXEL), Turtle Beach Corporation (HEAR), ION Geophysical Corporation (IO), Keurig Dr Pepper Inc. (KDP), Knight-Swift Transportation Holdings Inc. (KNX), Lannett Company, Inc. (LCI), Lattice Semiconductor Corporation (LSCC), Lululemon Athletica Inc. (LULU), Mimecast Limited (MIME), Pyxus International, Inc. (PYX), Qutoutiao Inc. (QTT), Roku, Inc. (ROKU), Teladoc, Inc. (TDOC), Tandem Diabetes Care, Inc. (TNDM), Tronox Limited (TROX), Vericel Corporation (VCEL), Viking Therapeutics, Inc. (VKTX), Xilinx, Inc. (XLNX), and YRC Worldwide Inc. (YRCW).

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2019-02-11 19:50:17 2019-02-11 19:50:17 AMSC, EOLS, IO, CVNA, IIN, MED At this point, the market is starting to pull back and do some retracement, but Thursday was a good day for several stocks. I am going to show you some longs and prepare you for whatever pullbacks may be coming with shorts.

On the Long Side….

American Superconductor Corporation (AMSC) has a terrific chart. It broke out, pulled back in a falling wedge along the 7-8 range, and here it is up 66 cents, or 4.76%, to 14.54, on 604,050 shares traded on Thursday. It needs a push. Looks to me like this is a 19-dollar stock going forward.

Evolus, Inc. (EOLS) had a spectacular follow-through after the pause on Wednesday. It only went from 23.50 to 29.00, jumping 4.85 or 20%, to 28.91, on 5 million shares. If it gets through resistance at 28.91, the next target is 34-34 1/2.

ION Geophysical Corporation (IO) ran 2.43, or 25%, to 12.18, on 450,765 shares traded. The swing that I put on it is working well. It consolidated for a few weeks, and then exploded on Thursday. There’s resistance in that level. The next target is around 14, followed by 18.

Stocks on the Short Side….

Carvana Co. (CVNA) is ugly, as you can see. It dropped down in Sept, formed a big wedge, cracked and formed a rising wedge before we told you to go short, and dropped 39 cents, or -1.17%, to 33.02, on 1.9 million shares on Thursday, and is pulling back near support. Ultimately, if it doesn’t hold the 24-5 zone, which is my next target, and gets through 29 first, it could get dramatically lower to 21, and then the 17 range.

IntriCon Corporation (IIN) broke down in Sept, I gave you a short around 51.28, it formed a short flag, and is forming another one now. On Thursday, it dropped 1.40, or -5.39%, to 24.58, on 106,215 shares traded. It has broken this pattern, and if it doesn’t hold 22-22 1/2, this could get to 17 fairly quickly.

Medifast, Inc. (MED) broke down earlier in Sept, formed a wedge, broke down, formed another wedge, broke down sharply, bear-flagged, formed another rising wedge, and actually fell 19 cents, or -0.15%, to 127.07, on 208,021 shares traded on Thursday. It did not get above the moving averages, but if it takes out the 132 high from last week, it could fall back to 106-108, maybe even the high 80’s.

Stocks on the long side included American Superconductor Corporation (AMSC), Cronos Group Inc. (CRON), Evolus, Inc. (EOLS), Hanesbrands Inc. (HBI), ION Geophysical Corporation (IO), Microbot Medical Inc. (MBOT), and 3Pea International, Inc. (TPNL).

On the short side, stocks included AxoGen, Inc. (AXGN), Cutera, Inc. (CUTR), Carvana Co. (CVNA), Editas Medicine, Inc. (EDIT), FedEx Corporation (FDX), IntriCon Corporation (IIN), Medifast, Inc. (MED), PTC Inc. (PTC), Tailored Brands, Inc. (TLRD), and Weight Watchers International, Inc. (WTW).

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AMRS, AMSC, CLVS, CRC, LCI, MBOT Wall Street took a pause and a breather and consolidated during the session on Wednesday. A lot of stocks we follow did not. They actually broke out and extended. Let’s take a look at a few of them.

Amyris, Inc. (AMRS), which had a big day on Tuesday on positive drug news, had a beautiful inside day on Wednesday on lower volume. Even though it was up just a penny to 5.48, technicals increased, and I still think this stock has a shot going into the 7, 8, and 9 range.

American Superconductor Corporation (AMSC), after a couple days of selling, popped right back, jumping 1.41, or 11%, to 13.88, on 875,877 shares traded, the biggest volume in three months, on Wednesday. In fact, intraday, it popped sharply in the morning to a high of 14.43, pulled back, and came right on again, with a terrific close. Mid-channel target is 16, upper channel target 19-20.

Clovis Oncology, Inc. (CLVS) looks like it stuck its head out above resistance on Wednesday, running 1.06, or 4.23%, to 26.13, on 2.5 million shares, after being held back for four weeks. If the volume picks up, I think we’re still looking at 32 and 38 as targets.

California Resources Corporation (CRC) popped 48 cents, or 2.31, to 21.23, on 1.4 million shares. It’s telling me it wants to go higher. At least it looks like it. It’s above the 50 day, and above all three moving averages. I’m looking for this stock to make a move as early as Thursday to 22 3/4. If it gets through there targets are 26 and maybe 30.

Lannett Company, Inc. (LCI) had a nice day on Wednesday. It broke through resistance and extended. Not much, only 12 cents, or 1.43%, to 8.52, on 1.9 million shares, but it was up another 1.17 in after hours. I like that it’s moving, and if it accelerates here, look for it to run up to the 11-12 zone.

Microbot Medical Inc. (MBOT) has been up five days in a row with higher lows, and although it’s not accelerating there is a big OVB improvement. It was up 23 cents, or 2.29, to 10.27, on a million shares. I think it’s just a matter of time before this makes a run near 12, and a run near 13 3/4.

Stocks on the long side included Amyris, (AMRS), American Superconductor Corporation (AMSC), Array BioPharma Inc. (ARRY), Codexis, Inc. (CDXS), Clovis Oncology, Inc. (CLVS), California Resources Corporation (CRC), Enphase Energy, Inc. (ENPH), JinkoSolar Holding Co., Ltd. (JKS), Lannett Company, Inc. (LCI), Lattice Semiconductor Corporation (LSCC), Microbot Medical Inc. (MBOT), MacroGenics, Inc. (MGNX), Micron Technology, Inc. (MU), MaxLinear, Inc. (MXL), NIO Inc. (NIO), Nektar Therapeutics (NKTR),, Inc. (OSTK), Skyline Champion Corporation (SKY), Snap Inc. (SNAP), Energous Corporation (WATT), and Xilinx, Inc. (XLNX).

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AMRS, ARRY, EOLS, LCI, LSCC, NKTR It was a pretty good day on Wall Street. Not the biggest day technically, advance-declines were solid. A lot of stocks we follow are moving, breaking out, coming through bases to declining topsline and moving averages. So, we’ll see. It’s getting to the point where some low-priced, speculative stocks are moving. That usually happens at the tail-end of a move, so you’ve got to be careful.

Amyris, Inc. (AMRS), which was a favorite of mine back when it broke out last year. It did well for awhile, and then collapsed on a bad earnings report in November. After the 5-wave decline, and a really steep declining angle, on Tuesday it made a major breakaway move, exploding 2.31, or 73%, to 5.47, on 54 million shares that took out three moving averages, declining topsline, and a couple resistance lines as well into a gap. It actually filled the gap and backed off. Worst case scenario, I think it will back and fill, set up over the next couple weeks, and then move to 7, maybe even 9. Those are my targets.

Array BioPharma Inc. (ARRY) jumped 2.07, or 11%, to 20.96, on 14.3 million shares. It popped in November, based, consolidated and exploded through the 2018 June high to 21.15, which is the highest this stock has ever gone to all-time high territory. Now, I’m looking for a move to 23 and 26 going forward.

Evolus, Inc. (EOLS) had a spectacular session on Tuesday, popping 5.33, or 26%, to 25.83, on 6.9 million shares. I gave you this a week ago at 15.90, and it reached 26.37 on Tuesday. I say that’s a good swing trade, and a good day trade, in particular. As shown on the one-minute chart, it ramped, ran, consolidated, formed a beautiful wedge pattern, and set up for a nice pop. In the overall picture and scope of things, this closed at the upper-end of the range. That was monster volume, and I think it’s going to send it higher. Targets are 29 and 35.

Lannett Company, Inc. (LCI), a swing trade of ours, popped and pulled back in December with the rest of the market, then exploded from 4.25 to 8.50, doubling, and then on Tuesday it closed up 53 cents, or 6.73%, to 8.40, on 1.4 million shares. It just recently platformed for 3-4 weeks and is breaking out again. Looking at the 10-11 zone as the next target.

Lattice Semiconductor Corporation (LSCC) bounced just 5 cents, or 0.64%, to 7.89, on 589,120 shares traded. This is a nice semiconductor company with new management and products that are selling. It has a massive inverse head-and-shoulders, it retested a couple times mid-January, held the 3 1/2 range, and now it’s moved up to resistance. The high 5 years ago was 19.19, and the high last year was in 8.90-9.20 zone, which is where I think resistance is going to be taken out. I think that if this stock takes that out, it’s headed to 11, and then 14.

Nektar Therapeutics (NKTR) looks like it’s about to take off. On Tuesday it was up 1.25, or 3%, to 43.75, on 1.2 million shares. It has a nice, long-declining channel that took it from 24 3/4, all the way up to 111, and then it came back down to 29, and change, and ran up nicely to 46 for a 17-point pop. This stock had an orderly pullback, formed a flag, held support, and held the trendline, and on Tuesday it popped out of the flag. To me, this might be the beginning for NKTR. If it gets through 49, I’m looking for a move to low-to-med 50’s, maybe even 60 at some point.

Stocks on the long side included Argan, Inc. (AGX), Allot Ltd. (ALLT), Amyris, Inc. (AMRS), Evoqua Water Technologies Corp. (AQUA), Array BioPharma Inc. (ARRY), Box, Inc. (BOX), BRF S.A. (BRFS), Codexis, Inc. (CDXS), Eldorado Gold Corporation (EGO), Evolus, Inc. (EOLS), Turtle Beach Corporation (HEAR), Horizon Pharma Public Limited Company (HZNP), Lannett Company, Inc. (LCI), Lattice Semiconductor Corporation (LSCC), Nektar Therapeutics (NKTR), Rocket Pharmaceuticals, Inc. (RCKT), SharpSpring, Inc. (SHSP), TMSR Holding Company Limited (TMSR), SCWORX, Corp (WORX), and XBiotech Inc. (XBIT).

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APHA, CRON, CRNT, EOLS, MBOT, ROKU, TXMD It was a good day for TheTechTraders on Monday as Wall Street had a solid session. Many of our stocks did well, particularly the cannabis stocks. Let’s take a look at a few of those, along with some others.

Aphria Inc. (APHA) also popped on Monday, gaining 1.22, or 13%, to 10.84, on nearly 30 million shares. This is the fourth day in a row this stock has been up. It’s right at resistance, and if it follows through, we could see 13 1/2-3/4.

Cronos Group Inc. (CRON) made a monster move of late, jumping 2.44, or 11%, to 23.25, on 67.5 million shares on Monday. This stock has gone from under 10.00 to over 25. That’s 150% gain in one month. It may be time for a pullback. It’s also at the long-term channel top. With a spike-up like it has had, and increasing volume of over 67 million shares, this stock may need to back and fill, and relax. Momentum is still strong though.

Ceragon Networks Ltd. (CRNT) popped to 5.00 in the morning on Monday, before pulling back and gradually closing up only 5 cents, or 1.09%, to 4.64, on 2 million shares, so it backed of about 35 cents. It needs to consolidate a little bit, but the next target is 5.85, and then 6 1/2 and 7.00.

Evolus, Inc. (EOLS) saw gains on Monday after the spectacular news that the FDA approved their new wrinkle treatment for adults. It jumped 2.15, or 12%, to 20.50, on 8.2 million shares, more than 20 times the normal volume. It was up 7 days in a row, and on Monday, it finally got some profit-taking after the initial pop. This stock ran to 25.00 in June of last year. Targets are 25, and then 28.

Microbot Medical Inc. (MBOT), one of our swing trades, is going to take off. On Monday, it popped 42 cents, or 4.43%, to 9.91, on 1.3 million shares. On Jan 14, it exploded, pulled back, coiled, and started to move. It has a 3-day move off the low, out of the apex. If volume picks up, this stock could fly. Something in the 12 1/2-14 range short-term wouldn’t surprise me.

Roku, Inc. (ROKU) is also looking good. It popped at the end of Dec, coiled, ran up, reversed, ran up 4 days in a row, and on Monday it snapped back 2.22, or 5%, to 47.43, on 28.4 million shares, reaching as high as 50.70, which is the biggest high it’s had since Nov. I think it may test the gap around 51 1/2, which is the next target.

TherapeuticsMD, Inc. (TXMD) is coming to the forefront after the big, declining channel. It popped and flagged, then ran up 3 days in a row, and on Monday it broke out, ran up 37 cents, or 6.86%, to 5.76, on 3.666 million shares. I’m looking for a run at 6.15, 6.75, and 7.75.

Stocks on the long side included Aurora Cannabis Inc. (ACB), Aphria Inc. (APHA), Cronos Group Inc. (CRON), Pyxus International, Inc. (PYX), Zynerba Pharmaceuticals, Inc. (ZYNE), Aduro BioTech, Inc. (ADRO), Agenus Inc. (AGEN), Axsome Therapeutics, Inc. (AXSM), Ceragon Networks Ltd. (CRNT), Diebold Nixdorf, Incorporated (DBD), Evolus, Inc. (EOLS), Epizyme, Inc. (EPZM), GOL Linhas Aéreas Inteligentes S.A. (GOL), Huami Corporation (HMI), Coffee Holding Co., Inc. (JVA), Lannett Company, Inc. (LCI), Microbot Medical Inc. (MBOT), The Meet Group, Inc. (MEET), ETFMG Alternative Harvest ETF (MJ), Roku, Inc. (ROKU), TherapeuticsMD, Inc. (TXMD), Veracyte, Inc. (VCYT), The Alkaline Water Company Inc. (WTER), Zix Corporation (ZIXI), and Zynerba Pharmaceuticals, Inc. (ZYNE).

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