ARWR: After a huge gap down 1 year ago and a 6 month base build the stock recovered to the $4.50 range and then formed a down trending channel. In early January the stock broke out of that channel and traded as high as $5.22. After a tight retrace the stock popped today trading as high as $5.47 closing at $5.04. I would be looking for $6.00 and $8.00 as price targets.
CMCM: Huge winner from my watch list night as the stock was up over $3.00 from my entry level trading to $18.18 and closing at $16.94. It is up to resistance at $18.00 and is quite extended. It looks to be in wave 3 of a 5 wave pattern and I would expect for it to consolidate before heading higher. But, if the momentum continues then $21.00 is the price target.
COLL: At the end of last year the stock popped to $21.00 and then formed a wedge pattern as it consolidated. Today it popped out of that wedge and traded up to resistance trading as high as $20.93 and closing at $20.29. If it can get through the double top at $21.00 then I would look for $23.00 and $25.00 as price targets. Short ratio 22.4 days to cover.
GYLC: Stock is in a strong up trend since last October and has moved from $10.00 to $20.00. Today it traded as high as $21.40 closing at $20.81. It looks like it is going to $23.00 and then $26.00.
GSUM: Stock in the artificial intelligence sector. After coming down from $18.00 in the IPO and trading down to $6.50 the stock built a large base. In the last three days the stock has popped out of that base. Yesterday was an inside day and today the stock traded as high as $12.37 closing on (now) support at $11.58. It looks to be starting a new up trend. I will be looking for entry opportunities in the morning with $14.00 and $16.00 as price targets.
KSHB: This stock, ostensibly, makes the bottles for pot dispensaries. After forming a large base it has been in a strong upward trend with all the pot stocks. Today it broke through lateral resistance and traded as high as $5.62 closing at $5.61. It is extended but if momentum continues then $8.00 is the next price target.
MARK: Stock hit my $15.00 price target today trading as high as $15.10 before selling off to close $14.10. It is up 7 days in a row so I would look for it to consolidate in this area before carrying on to my price target of $20.00.
MRTX: After gapping up out of its base at $4.50 the stock has been in a stead rising channel. Two days ago it popped through lateral resistance and had follow through today trading as high as $23.45 before closing at $23.20. Price targets are $25.00 and $30.00.
NVCR: Stock has been in a base building pattern for the last 6 months and today it finally broke out trading as high as $12.48 closing at (now) support at $12.30. Price target $26.00 and $29.00. Short ratio, 8.7 days to cover.
TEVA: Nice pop on this stock today as it broke above its ascending wedge to trade as high as $21.75 closing at $21.74. If this momentum continues then $23.00 and $26.00 are targets.
VRAY: Stock is in a rising channel and after consolidating for the last few months is at the lower edged of the up trending channel. Today it popped through lateral resistance and traded as high as $10.64 before closing just under the resistance level at $10.12. If this can get through today's high we should be on our way to $12.00. Short ratio 14.1 days to cover.