ARWR, CELH, MXL, SONO, TUP -- Stock Charts to Watch

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ARWR, CELH, MXL, SONO, TUP -- Stock Charts to Watch

Charts of the Day video for Thursday October 22nd, 2020

Arrowhead Pharmaceuticals, Inc. (ARWR) broke out two days ago, I gave you a swing on it, and it’s been beautiful ever since. On Thursday, it was up 1.84, or 3.24%, to 58.56, with a session high of 59.84, on 1.6 million shares traded, having gone from 51 to almost 60, which is my first target. Consider that achieved. The next target is 68-70.

Celsius Holdings, Inc. (CELH) on Thursday, jumped 1.71, or 8.04%, to 22.99, with a session high of 23.59, on 1.7 million shares traded. It is doing great and I love the way it looks. It has a long base, then broke out around 7.00 on big volume, ran up, and after this multi-month coil, I am convinced it is going higher with targets in the mid-30’s at the very least. I am going to go with 28 and 35 going forward.

MaxLinear, Inc. (MXL) is a stock I have liked for months now, ever since the March low and rising channel. It did get a steep pullback in September at 20.50, or so. Then it ran right back up again and went up through resistance on Thursday, breaking out and running up 3.05, or 13%, to 26.52, with a session high of 28.05, on 1.9 million shares traded. The high on this stock is about 28.82, but it did pull back. My next target is 32.

Sonos, Inc. (SONO) has an interesting pattern, and on Thursday, it moved up 1.09, or 7.41, to 15.79, with a session high of 15.90, on 11 million shares traded. Watch this carefully because above 16.00-16.10, just a crack above where it is, and it could very run to the double top. My targets going forward are 17 1/2 and 20.

Tupperware Brands Corporation (TUP) on the new swing that we put out, popped on Thursday 1.39, or 6.81%, to 21.81, with a session high of 22.09, on 1.7 million shares traded. As long as it holds its support at 20, I’m good with it. I think we are going to see a retest of the double top up around 26-27.

On the long side, stocks included Aldeyra Therapeutics, Inc. (ALDX), Arrowhead Pharmaceuticals, Inc. (ARWR), Alphatec Holdings, Inc. (ATEC), Calix, Inc. (CALX), CymaBay Therapeutics, Inc. (CBAY), Celsius Holdings, Inc. (CELH), Canopy Growth Corporation (CGC), Cardiff Oncology, Inc. (CRDF), 3D Systems Corporation (DDD), GameStop Corp. (GME), The Gap, Inc. (GPS), GrowGeneration Corp. (GRWG), Halozyme Therapeutics, Inc. (HALO), Jumia Technologies AG (JMIA), Marathon Patent Group, Inc. (MARA), Magnite, Inc. (MGNI), MaxLinear, Inc. (MXL), NCR Corporation (NCR), Nano Dimension Ltd. (NNDM), Catasys, Inc. (OTRK), Dave & Buster's Entertainment, Inc. (PLAY), Renewable Energy Group, Inc. (REGI), Riot Blockchain, Inc. (RIOT), Cassava Sciences, Inc. (SAVA), SmileDirectClub, Inc. (SDC), Snap Inc. (SNAP), Sonos, Inc. (SONO), Tupperware Brands Corporation (TUP), United Microelectronics Corporation (UMC), and 21Vianet Group, Inc. (VNET).