AMKR, CSIQ, GNCA, OSTK, XPER -- Stock Charts to Watch

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AMKR, CSIQ, GNCA, OSTK, XPER -- Stock Charts to Watch

Charts of the Day video for Monday July 27th, 2020

Amkor Technology, Inc. (AMKR) not only popped and broke out of a coil on Monday, which was about 6-7 weeks in the making, it was within a large, beautiful uptrend. It moved up 1.57, or 13%, to 13.64, after reaching just 4 cents higher to a session high 16.69, on 3.6 million shares traded. In after-hours it exploded, coiled, and ran another 2.36 to 16.00, almost to resistance. Targets going forward are 19 and 21.

Canadian Solar Inc. (CSIQ) is doing well as it gapped and ran out of a falling wedge on Monday. It jumped 1.88, or 8 1/4%, to 24.63, just 3 cents of the 24.66 session high, on 2.1 million shares traded. There are multiple tops around the recent highs here. If it gets through this level, we are probably going to see this stock run into the high 20’s, maybe low-to-mid 30’s.

Genocea Biosciences, Inc. (GNCA) is just going ballistic! On Monday it closed up 1.05, or 23.4%, to 5.53, reaching an all-time high on 9.5 million shares traded. It has been up 7 days in a row and the last 8-9 days it’s gone from 1.75 to 5.75 and is now at a key-resistance zone. I do have upside resistance and a potential target up around 7.00.

Overstock.com, Inc. (OSTK) managed to get up near 60 on Monday, popping 5.92, or 11%, to 59.13, reaching a new all-time high at 59.41, on 4.5 million shares traded. It’s one of the biggest percent gainers since the March low, going back to a low at 2.53 on March 18 to the session high at 59.13 on July 27. That is a pretty-impressive move in 4-plus months. Right now, this stock could be an 80-dollar stock with no problem, I think.

Xperi Holding Corporation (XPER), a technology company, jumped 2.01, or 13 1/2%, to 16.91 on Monday, with a session high of 17.29, on 3.5 million shares traded. It popped out of its base with a little breakaway gap on its big volume and closed at the upper end of the range. Now, I am looking for a move that tests at least 18, and then 20 and 22.

On the long side, stocks included Amkor Technology, Inc. (AMKR), Aphria Inc. (APHA), Atomera Incorporated (ATOM), Capricor Therapeutics, Inc. (CAPR), Canadian Solar Inc. (CSIQ), Fulgent Genetics, Inc. (FLGT), Grayscale Bitcoin Trust (BTC) (GBTC), Genocea Biosciences, Inc. (GNCA), Lattice Semiconductor Corporation (LSCC), MediciNova, Inc. (MNOV), Moderna, Inc. (MRNA), Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL), Owens & Minor, Inc. (OMI), Overstock.com, Inc. (OSTK), Purple Innovation, Inc. (PRPL), Riot Blockchain, Inc. (RIOT), Retractable Technologies, Inc. (RVP), Origin Agritech Limited (SEED), SunPower Corporation (SPWR), Sierra Wireless, Inc. (SWIR), United Microelectronics Corporation (UMC), vTv Therapeutics Inc. (VTVT), Wrap Technologies, Inc. (WRTC), and Xperi Holding Corporation (XPER).