Charts of the Day Video by Harry Boxer https://www.thetechtrader.com/chartsoftheday/ Harry's Charts of the Day video presentation. en-us 2020-04-04 14:20:39 2020-04-04 14:20:39 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/ 2020-04-04 14:20:39 https://www.thetechtrader.com/chartsoftheday/202004042606.html 2020-04-04 14:20:39 https://www.thetechtrader.com/chartsoftheday/202004042606.html APA, CODX, FTI, OXY, PE, VNET Apache Corporation (APA), which I put a new swing on Thursday, created a double bottom and exploded 67 cents, or 17%, to 4.69, reaching a high of 5.30, on 52.6 million shares traded, and another 6 cents, or 1.28%, in after-hours to 4.75, but didn’t close great. The new targets and resistance are currently at 6.60, and then 8 3/4.

Co-Diagnostics, Inc. (CODX) popped 1.05, or 14%, to 8.51, with a high of 8.93, on 6.2 million shares traded on Thursday. I believe it may have started, but we’ll have to see how it follows through. There wasn’t any follow-through at the end of the day on Thursday. I think the long wedge is overdue for a pop to the upside. The key is 9.70, which needs to be taken out. When that occurs, it will see 12, 16, and so on.

TechnipFMC plc (FTI), an oil industry stock, has a nice pattern. It made an implosive move around mid-March, popped to resistance, formed a 6-day coil, and on Thursday, it popped out of the coil, gaining 96 cents, or 15%, to 7.52, with a high of 7.91, on 6 million shares traded. If that’s the start of something, we’re need to see a follow-through. If it gets through Thursday’s high, then it might make a run to 8 3/4, and then 10 3/4.

Occidental Petroleum Corporation (OXY) jumped 2.03, or 19%, to and early-morning session high at 13.91, before pulling back and closing up 12.77, on a whopping 79 million shares traded. I think the bottom might be in. It’s still in a big wedge, and until it takes out key-key resistance at about 14 1/2, the gap is then my target around 19 1/2-3/4.

Parsley Energy, Inc. (PE), another junior oil that ripped out of a wedge on Thursday, gained 1.36, or 24 1/2%, to 6.91, also reaching an early-morning session high at 7.78, on a big 25 million shares traded. Anything above Thursday’s high and my targets are going to be 9 and 10 1/2.

21Vianet Group, Inc. (VNET), which has a V-bottom and a platform, engulfed the entire last week with a huge move taking it from 12.71 to Thursday’s high at 14.99, finishing up just 12 cents off the high at 1.42, or 10 1/2%, to 14.87, on 1.2 million shares traded. That was the best volume in a week and a half. I think that was a breakout, and will run up to 17, and then we’re looking at 19-20 after that.

Stocks on the long side included Alcoa Corporation (AA), Amarin Corporation (AMRN), Apache Corporation (APA), Catasys, Inc. (CATS), Co-Diagnostics, Inc. (CODX), Cytosorbents Corporation (CTSO), DXC Technology Company (DXC), TechnipFMC plc (FTI), Grayscale Bitcoin Trust (BTC) (GBTC), Gilead Sciences, Inc. (GILD), Moderna, Inc. (MRNA), O-I Glass, Inc. (OI), Occidental Petroleum Corporation (OXY), Parsley Energy, Inc. (PE), Teladoc Health, Inc. (TDOC), U.S. Concrete, Inc. (USCR), United States Oil Fund, LP (USO), and 21Vianet Group, Inc. (VNET).

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https://www.thetechtrader.com/chartsoftheday/APA-CODX-FTI-OXY-PE-VNET-202004022605.html 2020-04-02 17:10:13 https://www.thetechtrader.com/chartsoftheday/APA-CODX-FTI-OXY-PE-VNET-202004022605.html
AHPI, ATHX, IFRX, NCR, PTON, TDOC Allied Healthcare Products, Inc. (AHPI) is still at the apex, but, still, on Wednesday it popped 2.56, or 15%, to 20.07, having reached a session high of 20.95, on 1 million shares traded and another 1.53, or 7.6%, to 21.60 in after-hours. If it pops or gaps on Thursday, it’s going to fly. The first target is 27 1/2, and then we’re looking in the low to mid 30’s.

Athersys, Inc. (ATHX) has been exploding five days in a row now, and on Wednesday, it popped 98 cents, or 33%, to 3.98, after reaching a multi-week and session high of 4.38, on 19.2 million shares traded and another 39 cents, or 9.8%, to 4.37, in after-hours. Take a look at the pop off the lows and the beautiful, little wedge that formed. The apex had a low-volume ebb, and then it exploded, literally going from 1.80 to 4.40 in about four days. It is overbought. The 2014 high at 4.34 may mean that it needs to pullback and retest, but I wanted to show it to you.

InflaRx N.V. (IFRX) had a massive breakaway gap on Wednesday, exploding 1.91, or 50%, to 5.73, with a high of 6.97, on 27.5 million shares traded. It’s at the top of the channel and pulled back, but if it backs and fills, my next target is 9.00 plus.

NCR Corporation (NCR) has a pattern I like and is setting up nicely. It had a reversal day to the upside on Wednesday, when many stocks are doing the opposite, and gained 1.11, or 6.27%, to 18.81, with a high of 19.33, on 3.4 million shares traded. There’s some resistance at the rally high, and if it gets through that, I’m looking for something up around 22 as my target.

Peloton Interactive, Inc. (PTON) exploded and came back with a vengeance, on Wednesday, jumping 1.41, or 5.3%, to 27.96, with a high of 29.34, on 11.2 million shares traded, and added another 14 cents to 28.10. If it can get up through the session high to 30, or so, my next target is in the 32-34 zone.

Teladoc Health, Inc. (TDOC) had a nice reversal as well on Wednesday, and moved up 7.52, or 4.85%, to 162.63, reaching a session high of 166.85, on 3.1 million shares traded with an after-hours increase of 47 cents, to 163.00. Now, in a wedge-type pattern, it has a nice set-up for an extension. If it does extend, this might be a 195-200-dollar stock, which I said two weeks ago.

Stocks on the long side included AA, Allied Healthcare Products, Inc. (AHPI), AIM ImmunoTech Inc. (AIM), Amarin Corporation (AMRN), Blue Apron Holdings, Inc. (APRN), Alpha Pro Tech, Ltd. (APT), Athersys, Inc. (ATHX), InflaRx N.V. (IFRX), Lakeland Industries, Inc. (LAKE), NCR Corporation (NCR), Cloudflare, Inc. (NET), Novavax, Inc. (NVAX), OraSure Technologies, Inc. (OSUR), Peloton Interactive, Inc. (PTON), Teladoc Health, Inc. (TDOC), steel, and Beyond Air, Inc. (XAIR).

On the short side, stocks included Copa Holdings, S.A. (CPA), Copart, Inc. (CPRT), CVR Energy, Inc. (CVI), BRP Inc. (DOOO), Darden Restaurants, Inc. (DRI), Edwards Lifesciences Corporation (EW), Expedia Group, Inc. (EXPE), Gentex Corporation (GNTX), MGP Ingredients, Inc. (MGPI), Napco Security Technologies, Inc. (NSSC), Anaplan, Inc. (PLAN), Six Flags Entertainment Corporation (SIX), TripAdvisor, Inc. (TRIP), World Acceptance Corporation (WRLD), and World Wrestling Entertainment, Inc. (WWE).

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https://www.thetechtrader.com/chartsoftheday/AHPI-ATHX-IFRX-NCR-PTON-TDOC-202004012604.html 2020-04-01 18:40:14 https://www.thetechtrader.com/chartsoftheday/AHPI-ATHX-IFRX-NCR-PTON-TDOC-202004012604.html
AKRO, CNQ, GVA, MX, SGBX, VVUS Akero Therapeutics, Inc. (AKRO) had a big pop premarket Tuesday morning, then came down when the market opened, and consolidated, before finishing up 4.02, or 23.4%, to 21.20, reached a high of 22.39, on 1.6 million shares traded. It did back off from the declining topsline and lateral-price resistance. If it does extend, which I would be watching for on Wednesday, look for a take out the 22.40 range, and then make a move up to 24 1/2. Even 26 1/2 is a potential target if there is a follow-through and I think there might be one.

Canadian Natural Resources Limited (CNQ) was definitely a reversal day, taking it from 8.95 to 11.00 on Monday, and then on Tuesday it had another great day, jumping 2.42, or 22%, to 13.55, with a session high of 13.82, on 23.6 million shares traded, and adding another nickel to 13.60 in after-hours. That was five times the average volume. It really had a nice day. There’s a little bit of resistance coming forward at about 14.40. Targets are 15 3/4 and 18.

Granite Construction Incorporated (GVA) popped 1.62, or 12%, to 15.18, after reaching to a session high of 15.75, on 1.3 million shares traded. On the one-minute chart you can see that it close with a bang. It did really good late in the day, closing near the high. Perhaps there will be a follow-through if it can get over the 15.85 area. If it does, then we could see 17 and 18 1/2.

MagnaChip Semiconductor Corporation (MX), which had a sale of a major division for a bunch of cash on Tuesday, exploded 1.67, or 18%, to 11.05, with an early session high of 12.55, on 2.2 million shares traded, but closed poorly. I will leave that one to see if it consolidates in that zone before it moves up. However, the next target is 13.

SG Blocks, Inc. (SGBX), a provider of onsite point of contact medical care and code compliant container-based construction, had a monster day on Tuesday, exploding, and then kept running all day, closing up 7.24, or 352%, to 9.30, after reaching a high at 9.78, on 19.6 million shares traded, and then added another 1.56 or 16% in after-hours that took it beyond Tuesday’s high to 10.72. That was 52 times average volume. I believe it had a reverse split that took off. Some resistance was taken out, so it will test about 11 as early as Wednesday morning. Be careful on this one, though, it’s extended.

VIVUS, Inc. (VVUS), a biopharm company, announced on Tuesday the accelerated launch of telemedicine and remote monitoring modules, exploded premarket on Tuesday morning, going from under a dollar to over four, quadrupling, and then came back down. To be exact, it jumped 2.65, or 279%, to 3.60, reaching a high of 4.52, on 55 million shares traded.

Stocks on the long side included Akero Therapeutics, Inc. (AKRO), Adhera Therapeutics, Inc. (ATRX), Canadian Natural Resources Limited (CNQ), Cytosorbents Corporation (CTSO), Equinor ASA (EQNR), Eldorado Resorts, Inc. (ERI), Granite Construction Incorporated (GVA), Kala Pharmaceuticals, Inc. (KALA), MagnaChip Semiconductor Corporation (MX), Noble Energy, Inc. (NBL), Novavax, Inc. (NVAX), Owens & Minor, Inc. (OMI), PBF Logistics LP (PBFX), Penn National Gaming, Inc. (PENN), SG Blocks, Inc. (SGBX), Summit Materials, Inc. (SUM), U.S. Concrete, Inc. (USCR), and VIVUS, Inc. (VVUS).

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https://www.thetechtrader.com/chartsoftheday/AKRO-CNQ-GVA-MX-SGBX-VVUS-202003312603.html 2020-03-31 16:35:12 https://www.thetechtrader.com/chartsoftheday/AKRO-CNQ-GVA-MX-SGBX-VVUS-202003312603.html
AHPI, AIM, APT, OMI, OSUR, SWAV Allied Healthcare Products, Inc. (AHPI) shows a large coil on the hourly chart right at the apex on Monday. It was a low volume day for this stock, but still, it was up 1.07, or 6%, to 18.35, after reaching a high of 19.50, on 525,531 shares traded. If it pops and takes out 22 quickly, we should see 27-28, and much higher. Let’s look at the overall potential of this one. If it breaks out here and goes vertical, and retest the 35-45-50 area, it could spike up. But everything depends on the volume.

AIM ImmunoTech Inc. (AIM) broke out on Monday, popped 62 cents, or 30%, to 2.66, with a high of 3.45, on 28 million shares traded, and another 39 cents, or 15%, to 3.05, and then settled back from resistance, which was at 3 1/2. If there’s any further upside, we might see 5.00 on this one. On Monday, the volume was good but the close wasn’t, so we’ll keep an eye on it on Tuesday.

Alpha Pro Tech, Ltd. (APT) shows a big run-up, a coil, a breakout of 2.12, or 29%, to 13.32, with a high of 14.40, on 8.1 million shares traded, and a little wedge. The next target is 16.

Owens & Minor, Inc. (OMI) had a big day on Monday, jumping 2.88, or 52%, to an early multi-week and session high of 8.94, before pulling back an closing up 8.39, on 18.5 million shares traded, and in after-hours it added another 19 cents, or 10%, to 9.20. Remember when I liked it in Sept when it broke out of a flag, before it went through a six-month consolidation period, and then broke down when the market broke, all the way down to 53. It’s now 150% off the low, reaching as high as 8.94 on Monday. I think it may test the gap on this one. Resistance is at 10 3/4, but it will probably gap some more, so keep an eye on this stock.

OraSure Technologies, Inc. (OSUR) broke its channel, pulled back, and then exploded out of it on Monday with a pop of 1.70, or 21%, to 9.83, after reaching a high of 10, on 1.5 million shares traded. That’s good volume. It’s at resistance. If it gets through here, we’re looking at 12.

ShockWave Medical, Inc. (SWAV) broke out on Monday, gaining 3.23, or 10%, to 35.95, with a high of 36.71, on 542,620 shares traded. It seems to me like there’s resistance right about where it reached on Friday and backed off. It came on nicely on Monday. If it gets above 39, we’re looking at 44 and 48. I don’t know if that is going to happen until it gets a better consolidation. It’s showing good relative strength.

Charts included S&P 500, NDX-X, iShares Russell 2000 ETF (IWM), Allied Healthcare Products, Inc. (AHPI), AIM ImmunoTech Inc. (AIM), Alpha Pro Tech, Ltd. (APT), BioNTech (BNTX), Gilead Sciences, Inc. (GILD), Direxion Daily S&P Biotech Bull 3X Shares (LABU), Direxion Daily Financial Bull 3X Shares (FAS), VanEck Vectors Semiconductor ETF (SMH), Moderna, Inc. (MRNA), Microsoft Corporation (MSFT), Novavax, Inc. (NVAX), Owens & Minor, Inc. (OMI), OraSure Technologies, Inc. (OSUR), ShockWave Medical, Inc. (SWAV), Teekay Tankers Ltd. (TNK), and Vapotherm, Inc. (VAPO).

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https://www.thetechtrader.com/chartsoftheday/AHPI-AIM-APT-OMI-OSUR-SWAV-202003302602.html 2020-03-30 20:50:13 https://www.thetechtrader.com/chartsoftheday/AHPI-AIM-APT-OMI-OSUR-SWAV-202003302602.html
2020-03-28 13:25:35 https://www.thetechtrader.com/chartsoftheday/202003282601.html 2020-03-28 13:25:35 https://www.thetechtrader.com/chartsoftheday/202003282601.html BSGM, GPMT, HUYA, PVAC, SDGR, WORK BioSig Technologies, Inc. (BSGM) had a huge pop on Thursday of 2.25, or 58.4%, to 6.13, after reaching a session high of 6.22, on 2.9 million shares traded. It exploded and pulled back, and from the 4-4.10 level in the morning it ran up, in the afternoon I put a day trade on it when it was trading at 4.75-.85, and by four o’clock it exploded to 6.46 one minute after the close. A fantastic day trade for this stock. You can see on the daily chart that it moved from 2.36 to 6.22 to the resistance zone. I would be careful, though, because it may back and fill or pullback and retest.

Granite Point Mortgage Trust Inc. (GPMT), which we had fun trading on Thursday, jumped 4.56, or 203%, to 6.81, with a high of 9.49, on 33.3 million shares traded and an additional 64 cents, or 9.4%, to 7.45 in after-hours. The one-minute chart shows it going from the 4 1/4-1/2 range, all the way up to 9.49, more than doubling, before pulling back. I wanted to show you this, because, although it has a negative chart, Thursday was outstanding with a huge breakaway gap with huge volume. It could get a little follow-through to 10 1/2-11. I don’t think it will get much more than that before backing off.

HUYA Inc. (HUYA) made a sharp move off the low earlier this month, going from 12.40, up 1.72, or 11 1/2%, to 16.70, with a high of 17.18, on 4 million shares traded and another 11 cents to 16.81 in after-hours, to a resistance zone. I expect it to back off a little bit.

Penn Virginia Corporation (PVAC), out of nowhere, bottomed, popped, retested, and broke out above resistance, gaining 74 cents, or 25.5%, to 3.64, with a high of 4.40, on 1.5 million shares traded and another 51 cents, or 14%, to 4.15 in after-hours, and backed off. That was good volume for that stock. You can see a pattern developing.

Schrodinger, Inc. (SDGR) broke out of a declining topsline, had a three-day pullback, and then on Thursday, popped 2.35, or 6%, to 41.25, with a high of 42.35, on 647,552 shares traded. I’m thinking it will run up to 45.12, and then 51 next week.

Slack Technologies, Inc. (WORK) jumped 2.60, or 10%, to 28.48, reaching a high of 29.97, on 26 million shares traded and another 16 cents to 28.65 in after-hours on Thursday. This is probably the best stock on the board. It has gone full circle from 15 to 30 and right back up to the highs. It’s been up five of the last six days and on Thursday it extended to retest the highs. If it should get through 30 1/2, this could be a 34-35-dollar stock. But be careful because there’s support in the 24-25 zone, so it might pullback and retest.

Charts included S&P 500, NDX-X, iShares Russell 2000 ETF (IWM), DJ-20, VIX-X, T2106.

Stocks on the long side included The Boeing Company (BA), BioSig Technologies, Inc. (BSGM), Carnival Corporation (CCL), Canopy Growth Corporation (CGC), Clovis Oncology, Inc. (CLVS), Co-Diagnostics, Inc. (CODX), Coty Inc. (COTY), Cronos Group Inc. (CRON), Delta Air Lines, Inc. (DAL), DXC Technology Company (DXC), Fulgent Genetics, Inc. (FLGT), Gilead Sciences, Inc. (GILD), Gol Linhas Aereas Inteligentes S.A. (GOL), Granite Point Mortgage Trust Inc. (GPMT), Grifols, S.A. (GRFS), HUYA Inc. (HUYA), Invesco Mortgage Capital Inc. (IVR), Invitae Corporation (NVTA), Occidental Petroleum Corporation (OXY), Dave & Buster's Entertainment, Inc. (PLAY), PennyMac Mortgage Investment Trust (PMT), Penn Virginia Corporation (PVAC), Shoe Carnival, Inc. (SCVL), Schrodinger, Inc. (SDGR), Teladoc Health, Inc. (TDOC), Triumph Group, Inc. (TGI), Tilray, Inc. (TLRY), TPG RE Finance Trust, Inc. (TRTX), Valero Energy Corporation (VLO), Slack Technologies, Inc. (WORK), XPO Logistics, Inc. (XPO), Yiren Digital Ltd. (YRD), and ZOOM Technologies, Inc. (ZOOM).

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https://www.thetechtrader.com/chartsoftheday/BSGM-GPMT-HUYA-PVAC-SDGR-WORK-202003262600.html 2020-03-26 20:55:18 https://www.thetechtrader.com/chartsoftheday/BSGM-GPMT-HUYA-PVAC-SDGR-WORK-202003262600.html
Harry Boxer Presents: Pattern Recognition Techniques & Trading Opportunities In Today's Market Environment https://www.thetechtrader.com/chartsoftheday/Harry-Boxer-Presents-Pattern-Recognition-Techniques-Trading-Opportunities-In-Todays-Market-Environment-202003262599.html 2020-03-26 09:45:33 https://www.thetechtrader.com/chartsoftheday/Harry-Boxer-Presents-Pattern-Recognition-Techniques-Trading-Opportunities-In-Todays-Market-Environment-202003262599.html AIR, BLPH, CROX, JBLU, PENN, TLRY AAR Corp. (AIR), a provider of aviation services to commercial and government operators, plunged from the low 50’s, down to 8, and change, had a rebound-reversal day, retested or platformed, ran up into the gap on Wednesday and almost completely filled the gap, popping 1.18, or 7.7%, to 16.44, after reaching an early morning high of 18.40, on 1.6 million shares traded. There might be a pullback consolidation or a force through resistance that will take it to 22-24.

Bellerophon Therapeutics, Inc. (BLPH) exploded three days ago, and then got whacked back, tested support, reversed, and formed an engulfing reversal bar, jumping 2.79, or 30.33%, to 11.99, thrust to a high of 13.28, on 1.25 million shares traded. That’s good volume, but it needs more than that. Above 14 3/4, it’s a rock star. But it may not get there, so we’ll have to wait and see.

Crocs, Inc. (CROX) is another stock that came down, plunged, retested, and then exploded for a few days. On Wednesday it gained 3.57, or 24%, to 18.64, after climbing to a high of 19.74, on 4 million shares traded. It made 100% move in three days and is a heavily shorted stock. I’m looking for backing and filling here, and then we’ll see where it goes.

JetBlue Airways Corporation (JBLU) exploded from 6, and change, to over 12, on Wednesday alone it was up 1.94, or 21%, to 11.34, with a high of 12.15, on 27 million shares traded and another 44 cents, or 3.9%, to 11.78 in after-hours. It’s near resistance and may back off as well. Good volume on this one.

Penn National Gaming, Inc. (PENN) rocketed off the lows from under 4 to nearly 16, a 300% gain in a week. On Wednesday it ran 1.35, or 10%, to 14.56, after reaching an early morning high of 15.97, on 18 million shares traded. There’s a platform of support that held on Wednesday. I think there’s going to be a stop under 11 3/4, and possibly a pull back to 8, or thereabouts. I’m looking for some consolidation set-up.

Tilray, Inc. (TLRY) made a big reversal on Wednesday on 1.02, or 25.37%, to a near-closing high of 5.74, before pulling back and closing up 5.04, on 25.5 million shares traded, and another 36 cents, or 7%, to 5.40, in after-hours. It may extend, at this point, to as high as 7-7 1/2.

Stocks on the long side included AAR Corp. (AIR), The Boeing Company (BA), Bellerophon Therapeutics, Inc. (BLPH), Catasys, Inc. (CATS), Carnival Corporation (CCL), The Chefs' Warehouse, Inc. (CHEF), Cornerstone Building Brands, Inc. (CNR), Co-Diagnostics, Inc. (CODX), Crocs, Inc. (CROX), Cytosorbents Corporation (CTSO), Carvana Co. (CVNA), Delta Air Lines, Inc. (DAL), Equinor ASA (EQNR), Eldorado Resorts, Inc. (ERI), Gol Linhas Aereas Inteligentes S.A. (GOL), JetBlue Airways Corporation (JBLU), KB Home (KBH), MGM Resorts International (MGM), Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL), Norwegian Cruise Line Holdings Ltd. (NCLH), Invitae Corporation (NVTA), Penn National Gaming, Inc. (PENN), PennyMac Mortgage Investment Trust (PMT), Royal Caribbean Cruises Ltd. (RCL), Red Robin Gourmet Burgers, Inc. (RRGB), Spirit Airlines, Inc. (SAVE), Sea Limited (SE), Tilray, Inc. (TLRY), wgo, Energy Select Sector SPDR Fund (XLE), and ZOOM Technologies, Inc. (ZOOM).

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https://www.thetechtrader.com/chartsoftheday/AIR-BLPH-CROX-JBLU-PENN-TLRY-202003252598.html 2020-03-25 17:30:13 https://www.thetechtrader.com/chartsoftheday/AIR-BLPH-CROX-JBLU-PENN-TLRY-202003252598.html
AAL, CVNA, ENPH, IMAC, KBH, PENN, SPCE American Airlines Group Inc. (AAL) was up against resistance and formed a mini-gap on Tuesday, with a huge gain of 3.67, or 35.8%, to 13.92, reaching a high 14.81, on 101.6 million shares traded, and then 33 cents, or 2.37%, to 14.25 in after-hours. When stocks get the kind of volume we’re seeing on reversals, it’s massive.

Carvana Co. (CVNA), after bottoming and retesting, formed a right-handed extended V, broke out with a breakaway gap on Tuesday, exploding 15.41, or 43%, to a high of 56.67 in the last 20 minutes, before pulling back and closing up 51.21, on 7 million shares traded. My target is 62. A pullback might be in order here.

Enphase Energy, Inc. (ENPH), one of the strongest semiconductors, got whacked when the market got hit recently, then it reversed, retested, broke out at the neckline on Tuesday, jumping 6.83, or 35%, to 34.34, with a high of 35.26, on 7.5 million shares traded, and another 43 cents, or 1.22%, to 34.76 in after-hours. It should probably get up to the gap at 38-38 1/2-39 short-term before pulling back. If it doesn’t pull back, it might blow to 40-45.

IMAC Holdings, Inc. (IMAC) is one of those stocks you don’t expect to come across, but someone in the trading room on Tuesday did and we followed it throughout the day as it went from 1.55, running upward 4.50, or 1000.5%, and closing at the session high at 4.95, on 29.4 million shares traded, before pulling back.

KB Home (KBH), one of many home builder stocks that did great on Tuesday, broke down in Feb, spiked, pulled back, and then on Tuesday spiked 4.27, or 38%, to 15.62, not far off the session high at 15.78, on 4.9 million shares traded, and another 33 cents, or 2.11%, beyond the high to 15.95. At this point, it may run up to the 21-range eventually, before pulling back.

Penn National Gaming, Inc. (PENN) had another strong day on Tuesday, jumping 3.41, or 34.8%, to 13.21, with a high of 14.39, on 24.4 million shares traded, and then an additional 49 cents, or 3.7%, to 13.70 in after-hours. That’s a strong-looking pattern, good volume. The next target is 18.

Virgin Galactic Holdings, Inc. (SPCE) got whacked from 43 in mid-Feb to 9 in just a month, then reversed, retested, and on Tuesday, popped 3.35, or 26%, to 16.32, after reaching a high of 17.44, on 31.4 million shares traded, and then another 18 cents, or 1.1%, to 16.50 in after-hours. The target, now, is at 19 3/4, roughly, at the 50-day moving average and lateral resistance.

Tuesday’s charts included S&P 500, NDX-X, DJ-20, iShares Russell 2000 ETF (IWM), VIX-X, T2106, American Airlines Group Inc. (AAL), ACM Research, Inc. (ACMR), Advanced Micro Devices, Inc. (AMD), Arrowhead Pharmaceuticals, Inc. (ARWR), Axsome Therapeutics, Inc. (AXSM), Beyond Meat, Inc. (BYND), Avis Budget Group, Inc. (CAR), Hertz Global Holdings, Inc. (HTZ), Carnival Corporation (CCL), The Chefs' Warehouse, Inc. (CHEF), Cornerstone Building Brands, Inc. (CNR), Carvana Co. (CVNA), Delta Air Lines, Inc. (DAL), DXC Technology Company (DXC), Enphase Energy, Inc. (ENPH), Eldorado Resorts, Inc. (ERI), Direxion Daily Financial Bull 3X Shares (FAS), IMAC Holdings, Inc. (IMAC), ImmunoGen, Inc. (IMGN), Inogen, Inc. (INGN), Iovance Biotherapeutics, Inc. (IOVA), KB Home (KBH), Direxion Daily S&P Biotech Bull 3X Shares (LABU), SMH, MGM Resorts International (MGM), Norwegian Cruise Line Holdings Ltd. (NCLH), NVIDIA Corporation (NVDA), Penn National Gaming, Inc. (PENN), Performance Food Group Company (PFGC), Dave & Buster's Entertainment, Inc. (PLAY), Royal Caribbean Cruises Ltd. (RCL), Redfin Corporation (RDFN), Roku, Inc. (ROKU), Red Robin Gourmet Burgers, Inc. (RRGB), Virgin Galactic Holdings, Inc. (SPCE), United Airlines Holdings, Inc. (UAL), Vapotherm, Inc. (VAPO), Slack Technologies, Inc. (WORK), and Zillow Group, Inc. (ZG).

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https://www.thetechtrader.com/chartsoftheday/AAL-CVNA-ENPH-IMAC-KBH-PENN-SPCE-202003242597.html 2020-03-24 19:10:14 https://www.thetechtrader.com/chartsoftheday/AAL-CVNA-ENPH-IMAC-KBH-PENN-SPCE-202003242597.html