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.
Crocs, Inc. (CROX) is up against resistance. A pop on Tuesday took it up 1.82, or 4.3%, to 43.86, with a session high of 44.44, on 1.2 million shares traded. It popped another 97 cents in after-hours. That’s the highest close we’ve seen in the history of this stock. An all-time record high! I’m thinking, with that kind of energy, it may get a little more upside toward high 40’s.
Caesars Entertainment, Inc. (CZR) continues to do well, even though the pullback in the last four days gave it a little retest. On Tuesday it jumped 3.70, or 6.8%, to 58.13, with a session high of 58.57, on 4.3 million shares traded. I’m looking now for a move to 65, and then 69.
GameStop Corp. (GME) is on fire! Tuesday’s volume was at 38 million shares traded, and a move up of 1.81, or 21%, to 10.56, with a session high of 11.17. It ran another 32 cents in after-hours. There’s been a lot of resistance in the gap at 12 1/2, my near-term target. Secondary target is a gap-fill at 14.
Penn National Gaming, Inc. (PENN) on Tuesday was up another 4.28, or 6.1%, to 74.36, with a session high of 75.17, on 9.3 million shares traded. That’s not huge volume, but that’s the highest close we’ve seen on this stock. Looks like a new all-time high. Possible target is 85.
Twitter, Inc. (TWTR), which I put a day trade on it, but it broke out on Tuesday, and looks pretty darn good here. It popped 2.83, or 7%, to 42.73, with a session high of 42.83, on 21.4 million shares traded along with 33 cents in after-hours. I think a retest is in order of the 44 range. Beyond that, we’re looking at 46-47.
On the long side, stocks included Alpha Pro Tech, Ltd. (APT), Bed Bath & Beyond Inc. (BBBY), Blink Charging Co. (BLNK), Blueprint Medicines Corporation (BPMC), Crocs, Inc. (CROX), Carvana Co. (CVNA), Caesars Entertainment, Inc. (CZR), DraftKings Inc. (DKNG), GameStop Corp. (GME), Nano-X Imaging Ltd. (NNOX), Invitae Corporation (NVTA), Pacific Biosciences of California, Inc. (PACB), Pacific Ethanol, Inc. (PEIX), Penn National Gaming, Inc. (PENN), Pinterest, Inc. (PINS), Party City Holdco Inc. (PRTY), Snap Inc. (SNAP), Sorrento Therapeutics, Inc. (SRNE), Twitter, Inc. (TWTR), and Vista Outdoor Inc. (VSTO).