BEEM, CLSK, GP, IPOC, UUUU -- Stock Charts to Watch

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.

BEEM, CLSK, GP, IPOC, UUUU -- Stock Charts to Watch

Charts of the Day video for Monday December 28th, 2020

Beam Global (BEEM) is a very strong solar stock that is fairly thin. You can see the coil that formed in July, the trading range, it flagged, broke out in September, formed a wedge, popped out of the wedge, and now it is extended after Monday’s move up of 10.68, or 19.3%, to 65.99, with a session high of 69.68, on 1.5 million shares traded. The top of the short-term channel tells me this stock is at, or near, the target at 70. It was close on Monday, but not quite. I think it could back and fill, and if momentum carries it further, you might see it run up to 75 or 80.

CleanSpark, Inc. (CLSK) is moving higher as BLNK and other stocks in this group are headed downward. On Monday it jumped 4.03, or 16.2%, to 28.90, with a session high of 30.63, on 6 million shares traded. In after-hours it popped an additional 28 cents to 29.18. This stock could very well extend. If it does, we are looking at high 30’s, maybe even low-to-mid 40’s.

GreenPower Motor Company Inc. (GP) popped out of its wedge last week and extended nicely on Monday, gaining another 6.06, or 26.7%, to 28.75, with a session high of 30.26, on 3.9 million shares traded and in after-hours it moved up another 50 cents to 29.25. That tells me we may go higher, even on this one.

Social Capital Hedosophia Holdings Corp. III (IPOC) is a stock that just keeps on giving. It has been up for seven days in a row, having gone 10 1/2 to Monday’s session high of 17.20. It ran 2.17, or 14.5%, to 17.07, on 19 million shares traded, and another 29 cents to 17.36 in after-hours. Momentum could carry this even further toward 19-20.

Energy Fuels Inc. (UUUU) popped on Monday, going from 4.28 to a midmorning session high of 4.70, with a move up of 55 cents, or 13.25%, to 4.83, on 6.6 million shares traded and an additional 20 cents to 4.65 in after-hours. It is looking good as volume continues to push on this stock. Long-term chart indicates a massive bottom that was taken out, and then a huge run-up. It is overbought short term. The next target is 6.00.

On the long side, stocks included Ameri Holdings, Inc. (AMRH), Aqua Metals, Inc. (AQMS), Beam Global (BEEM), Bit Digital, Inc. (BTBT), Broadwind, Inc. (BWEN), CleanSpark, Inc. (CLSK), Cyclacel Pharmaceuticals, Inc. (CYCC), DermTech, Inc. (DMTK), DPW Holdings, Inc. (DPW), Eos Energy Enterprises, Inc. (EOSE), Diginex Limited (EQOS), Evogene Ltd. (EVGN), Evelo Biosciences, Inc. (EVLO), flux, Grayscale Bitcoin Trust (BTC) (GBTC), Gevo, Inc. (GEVO), GreenPower Motor Company Inc. (GP), Himax Technologies, Inc. (HIMX), Social Capital Hedosophia Holdings Corp. III (IPOC), Medicenna Therapeutics Corp. (MDNA), Mind Medicine (MindMed) Inc. (MMEDF), Mogo Inc. (MOGO), MicroVision, Inc. (MVIS), Myovant Sciences Ltd. (MYOV), Ocugen, Inc. (OCGN), One Stop Systems, Inc. (OSS), Riot Blockchain, Inc. (RIOT), ReneSola Ltd (SOL), TRACON Pharmaceuticals, Inc. (TCON), Energy Fuels Inc. (UUUU), and Summit Wireless Technologies, Inc. (WISA).