Harry Boxer's Charts of the Day stock chart videos are available nightly to members of TheTechTrader. Members please login and see Charts of the Day in the "Videos" menu dropdown.
AquaBounty Technologies, Inc. (AQB) has been exploding, and ever since we have had a swing on it, it has been going vertical. On Monday, it jumped 1.56, or 19.35%, to 9.62, with a session high of 11.40, on 17.7 million shares traded and another 13 cents to 9.75 in after-hours. It has gone from 3.61 to Monday’s high in about a week. Targets have been met on this one.
Hennessy Capital Acquisition Corp. IV (HCAC) is one of the stocks that went ballistic on Monday, which was up 4.75, or 35.32%, to 18.20, with a session high of 18.55, on 17.7 million shares traded, and then a hit of 39 cents to 18.59 in after-hours. It is getting a little overheated, in my opinion, short term.
Jumia Technologies AG (JMIA) popped 1.71, or 5.42%, to 33.25, with a session high of 35.79 and 50 cents in after-hours, taking it to 33.75, on 15.2 million shares traded, and looks like it may be coming out of a little wedge. We will have to see if it has a follow-through on Tuesday. It looks promising, and I would not be shocked to see 48-50.00. I am not kidding when I say 48-50.00. It is four waves up. If it consolidates for another week, or so, it would be worth the wait, because it could go to 60.
Eastman Kodak Company (KODK) had a huge move on Monday, with a move up of 4.51, or 60%, to 12.04, and a session high of 14.18, on a whopping 129 million shares traded. In after-hours it popped another 1.10 to 13.15. It is at resistance. The next target will be around 17.50. If it gets through that level, it is on its way to much higher levels.
United States Steel Corporation (X) is on a tear, having gone from 6.65 to 17.81, which was the session high on Monday, nearly tripling on a move up of 50 cents, or 3.00%, to 17.19, on 17 million shares traded, and to the high at 17.81. Now, at resistance, it is a beautiful longer-term chart and had a nice turn-around. It is looking really good.
On the long side, stocks included Alpha and Omega Semiconductor Limited (AOSL), AquaBounty Technologies, Inc. (AQB), BioCryst Pharmaceuticals, Inc. (BCRX), Blink Charging Co. (BLNK), Calix, Inc. (CALX), CIIG Merger Corp. (CIIC), CIIG Merger Corp. (CIICW), Chimerix, Inc. (CMRX), Gamida Cell Ltd. (GMDA), Greenland Technologies Holding Corporation (GTEC), Hennessy Capital Acquisition Corp. IV (HCAC), HighPoint Resources Corporation (HPR), Innodata Inc. (INOD), Social Capital Hedosophia Holdings Corp. II (IPOB), Jumia Technologies AG (JMIA), Eastman Kodak Company (KODK), Luminar Technologies Inc (LAZR), Micro Focus International plc (MFGP), Northern Genesis Acquisition Corp. (NGA), NIO Inc. (NIO), NantKwest, Inc. (NK), Intellia Therapeutics, Inc. (NTLA), Invitae Corporation (NVTA), Pacific Biosciences of California, Inc. (PACB), Perion Network Ltd. (PERI), Palantir Technologies Inc. (PLTR), Personalis, Inc. (PSNL), Riot Blockchain, Inc. (RIOT), Switchback Energy Acquisition Corporation (SBE), Virgin Galactic Holdings, Inc. (SPCE), Syros Pharmaceuticals, Inc. (SYRS), Trine Acquisition Corp. (TRNE), Veritone, Inc. (VERI), Velodyne Lidar, Inc. (VLDR), and United States Steel Corporation (X).