ALT, LL, MESO, PLUG, SHLL -- Stock Charts to Watch

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ALT, LL, MESO, PLUG, SHLL -- Stock Charts to Watch

Charts of the Day video for Monday August 17th, 2020

Altimmune, Inc. (ALT) popped 1.90, or 7.7%, to 26.56, with a session high of 26.75, on 1.5 million shares traded. I put it out as a swing on Monday, because I think it’s ready to explode out of a coil, like it did previously. I’m not saying it will go to 100, but 35 or 45 wouldn’t shock me.

Lumber Liquidators Holdings, Inc. (LL) is doing fantastic. You can see the rising channel off of the March double-bottom that led to the mid-20’s on Monday, after a gain of 2.57, or 11.3%, to 25.39, with a session high of 25.71, on 2 million shares traded. My target remains in the 33-35 zone.

Mesoblast Limited (MESO) had a big breakaway move on Friday, and then on Monday, it followed through, gaining another 1.93, or 11%, to 19.81, with a session high of 21.27, on 4.3 million shares traded. It’s at a double-top, but if it gets through here, you're looking at high 20’s going forward.

Plug Power Inc. (PLUG) was at resistance, and after coming down and testing support, it turned it around again, with a move up of 80 cents, or 7%, to 12.20, reaching a session high of 12.34, on 26 million shares traded. This may take off and run. The mid-teens is the target.

Tortoise Acquisition Corp. (SHLL) is quiet near the 19-20 zone, and then on Monday it popped 2.99, or 12.2%, to 27.44, with a session high of 27.88 at resistance, on 5.5 million shares traded, and then pulled back and depreciated. It was up another 34 cents in after-hours. Momentum could carry this to the mid-30’s.

On the long side, stocks included Altimmune, Inc. (ALT), Ballard Power Systems Inc. (BLDP), Cambium Networks Corporation (CMBM), DarioHealth Corp. (DRIO), Fluidigm Corporation (FLDM), Grayscale Bitcoin Trust (BTC) (GBTC), GrowGeneration Corp. (GRWG), Kirkland's, Inc. (KIRK), Kandi Technologies Group, Inc. (KNDI), Lithium Americas Corp. (LAC), Lumber Liquidators Holdings, Inc. (LL), LMP Automotive Holdings, Inc. (LMPX), Mesoblast Limited (MESO), NIO Inc. (NIO), Overstock.com, Inc. (OSTK), Pacific Ethanol, Inc. (PEIX), Planet 13 Holdings Inc. (PLNHF), Plug Power Inc. (PLUG), RISE Education Cayman Ltd (REDU), Riot Blockchain, Inc. (RIOT), Tortoise Acquisition Corp. (SHLL), Tesla, Inc. (TSLA), Winnebago Industries, Inc. (WGO), and ZOOM Technologies, Inc. (ZOOM).