Markets did well today all closing higher. There seems to be good momentum to the market. Semi conductor stocks were strong today. Larger ones to watch AMD, AMAT and smaller one like AMKR.
ANW: Last August the stock had made a strong move up $11.42 and then made an orderly down trending channel. On earnings, the stock broke out of the down trend and traded up and closed at $10.85. A continuation of this move should see a target price of $11.42 and then $13.50. Shorts, 12.6 days to cover.
ARIA: The stock was hammered before the election trading down as low as $8.60. But since then it has exploded to the up side breaking through resistance levels and trading up to resistance today closing at $13.89. I would look to go long this stock over $14.35 with a target of $16.50. Shorts, 4.3 days to cover.
KOPN: Stock has broken above a long term declining tops line and resistance at $2.55 closing at the high for the day at $2.66. Target price of $3.25. Shorts 17 days to cover.
OCUL: Stock has recently broke above the declining tops line and lateral resistance. Stock has been up 9 days in a row. Today was a bit of an in side day but still positive. I would look to go long over $10.00 with $12.00 as my target. Shorts, 4 days to cover.
UIS: A stock I have following for awhile and writing about. It recently exploded above resistance at $10.80 and traded up for the last 2 weeks. Today it traded as high as $13.90, closing at $13.85. A move above today's high and the target is $15.00. Shorts, 12.4 days to cover.
ZYNE: Profitable trade for me today getting long at $11.87 and selling around $11.50. Stock then continued to trade as high as $16.00. It did pull back and close at $15.73. I would look to go long this stock over $16.00 with $21.00 as the target. It is a former runner and shorts have 4.4 days to cover.