New all time highs on the SPX. NDX is not to far behind. The bull market remains in tact and looks to go higher. The trend is your friend.
AKBA: Stock is in a strong rising channel and today broke out above a basing pattern trading as high as $19.05 before closing at $18.79. Over $19.00 and the price target is $21.00. Short ratio, 6 days to cover.
ARRY: Stock is in a steeply rising channel and trading up to lateral resistance. Today it traded as high as $12.32 closing at $12.16. A trade over today's highs and $13.50 and $15.00 are the price targets. Short ratio, 7.7 days to cover.
COHU: Last week the stock gapped sharply higher. The last week it has formed a bull flag and today popped out of the flag trading as high as $23.17 closing at $23.15. I would look to go long over $23.50 with $29.00 as a price target.
HALO: After a big gap up earlier this month the stock has been forming a bull wedge. Today it popped to the upside of that wedge trading as high as $17.38 closing at $17.23. It needs to get through $17.50 with price target of $19.50. Short ratio, a whopping 27.3 days to cover.
MRNS: Stock is in a strong up trending channel. It has stalled the last two days but today to $5.96 closing at $5.87. If the stock trades over $6.00 then $7.00 and $9.00 are the price targets.
OSUR: Super strong chart as this stock is in an up trending channel. Today it broke out to new highs as the up trending trend line held support. It traded as high as $22.76 closing at $22.71. $27.00 is the price target. Short ratio 11.3 days to cover.
PSTG: I am long the stock for a swing trade when it broke out above $15.00. Today it traded up to $16.35 closing at $16.15. It needs to trade up through $16.40 where my next price target is $18.00 and then $21.00. Short ratio, 7.6 days to cover.
SPPI: Strong chart as stocked popped today trading up to $11.05 before closing at $10.97 Over $11.05 and I think we will see $12.00 and then $13.00. Short ratio, 9.8 days to cover.
VCEL: Stock continues to move higher making a wedge after wedge. Today it popped out of the wedge to the up side and traded as high as $5.70 before closing at $5.50. If the momentum continues then I would look to go long over $5.70 with price targets of $6.50 and $8.50.