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.
Blink Charging Co. (BLNK) made a fantastic move on Thursday. I am showing you the wedge that formed because it is similar to the big move it had around the first of July that resulted in a 2-day explosion. It moved up on Thursday with a jump of 3.60, or 11.39%, to 35.21, and a session high of 36.03, on 17.6 million shares traded. I think it is going to extend to the mid-40’s shortly. Targets are 40 and 45 going forward.
Calix, Inc. (CALX) popped, stalled for a day, had an inside day on lower volume on Wednesday, and picked it up a little bit on Thursday. It gained 82 cents, or 2.78%, to 30.30, with a session high of 30.48, on 721,216 shares traded, and added an additional 20 cents in after-hours. It looks like it wants to extend to mid-channel around 34. Let’s see what happens beyond that. Low-40’s is the target.
CleanSpark, Inc. (CLSK) is in a 4-day flag now after popping to resistance on Thursday. It moved up 1.07, or 6.47%, to 17.60, with a session high of 17.70, o 2.2 million shares traded. I like the looks of this stock, and I think it is a set-up for more action. The next target is 21.
Nano-X Imaging Ltd. (NNOX) exploded out of a two-and-a-half week falling channel. This explosive-breakaway day was up 9.46, or 21.5%, to 53.47, with a session high of 53.83, on 2 million shares traded. It may be on its way to retest mid-60’s. There are multiple highs up there. Keep an eye on this one.
Stratasys Ltd. (SSYS) has been a steady runner for the last month. On Thursday it was up another 1.03, or 5.17%, to 20.96, with a session high of 21.02, on 1.1 million shares traded. It has a rising channel and is near the top of it, and looks to me like, if it gets through that level it will see 22.00. Beyond that, it is in business to run into the mid-to-high 20’s.
On the long side, stocks included Aclaris Therapeutics, Inc. (ACRS), Acacia Research Corporation (ACTG), AquaBounty Technologies, Inc. (AQB), Ballard Power Systems Inc. (BLDP), Blink Charging Co. (BLNK), Calix, Inc. (CALX), CleanSpark, Inc. (CLSK), Ceragon Networks Ltd. (CRNT), CytoDyn Inc. (CYDY), Exro Technologies Inc. (EXROF), Livent Corporation (LTHM), Mind Medicine (MindMed) Inc. (MMEDF), Nano-X Imaging Ltd. (NNOX), O2Micro International Limited (OIIM), OncoSec Medical Incorporated (ONCS), Origin Agritech Limited (SEED), U.S. Silica Holdings, Inc. (SLCA), Summit Therapeutics plc (SMMT), Stratasys Ltd. (SSYS), and Vuzix Corporation (VUZI).