AMD, APT, BBY, HOME, OTRK -- Stock Charts to Watch

Harry's Charts of the Day videos are available nightly to members. Members please login and see Charts of the Day in the "Videos" menu dropdown.

AMD, APT, BBY, HOME, OTRK -- Stock Charts to Watch

Charts of the Day video for Wednesday July 22nd, 2020

Advanced Micro Devices, Inc. (AMD) had a big breakout on Wednesday, jumping 4.79, or 8.4%, to 61.79, on a mere 135.2 million shares traded as it broke through a quadruple top to new all-time territory at 62.00. My targets now are 66, 72, and down the road to mid-80’s.

Alpha Pro Tech, Ltd. (APT) did very well on Wednesday, also, and popped 2.23, or 10 1/2%, to 23.41, with a session high of 24.20, on 6.6 million shares traded. It looks like it might extend. My targets are 27 and 33.

Best Buy Co., Inc. (BBY), with a big day on Wednesday, popped through major resistance and moved near 100 to 97.36, up 7.08, or 7.8%, after reaching a session high of 99.42, on 7.7, and an additional 63 cents in after-hours. This looks like a major breakaway move. I wouldn’t be surprised to see it in the 120 range near term.

At Home Group Inc. (HOME) had a big day on Wednesday, exploding on the biggest volume I’ve ever seen at least for two years. It traded 18 million shares, with a pop of 1.88, or 27%, to 8.75, after reaching a session high of 9.15. Target going forward are 10-10 1/4, and then the mid-teens.

Catasys, Inc. (OTRK), formerly CATS, on Wednesday, jumped 1.88, or 6%, to 34.51, closing not far off the session high at 34.69, on 303,077, and an additional 29 cents in after-hours. You can see the run it has had since it based out in May-June, taking it from 17 to 34, and a new high. At this point, the long-term channel says possibilities of this could be 40, or even 50 at some point.

On the long side, stocks included Applied Optoelectronics, Inc. (AAOI), First Majestic Silver Corp. (AG), Allied Healthcare Products, Inc. (AHPI), Advanced Micro Devices, Inc. (AMD), Alpha Pro Tech, Ltd. (APT), AudioCodes Ltd. (AUDC), Aurinia Pharmaceuticals Inc. (AUPH), Best Buy Co., Inc. (BBY), BioNTech (BNTX), Calix, Inc. (CALX), CleanSpark, Inc. (CLSK), Genprex, Inc. (GNPX), At Home Group Inc. (HOME), Jumia Technologies AG (JMIA), Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL), Novavax, Inc. (NVAX), Catasys, Inc. (OTRK), Perion Network Ltd. (PERI), VBI Vaccines Inc. (VBIV), Workhorse Group Inc. (WKHS), and SolarWindow Technologies, Inc. (WNDW).