ADMS: In August the broke out of its base pattern and traded as high as $24.14. It then formed a falling wedge pattern. On Monday it gapped up strongly out of the pattern and traded as high as $24.55. Yesterday, it had a follow through day trading as high as $24.88 and closing at $24.66. I would look to go long over today's high with price targets of $27.00 and $31.00. Short ratio, 3.7 days to cover.
APTI: Explosive move yesterday on this stock gapping out of its base pattern and trading as high as $24.50 and closing at $24.25. It does have resistance at $24.50. But if it can punch through that level then price targets of $27.00 and $29.00 are achievable.
CORT: After trading up to a high of $21.00 in early October, the stock pulled back and formed a wedge. Yesterday the stock broke out of that wedge and traded as high as $19.91 before closing at $19.69. Over $20.10, I would look to go long with $21.00 and $23.00 as price targets. Short ratio, 5.4 days to cover.
KEM: Stock had traded as high as $27.35 in mid-October. It then had an orderly retrace down to $23.00. Yesterday it broke out of the down channel formation trading as high as $25.83 and closing at $25.69. I would look to go long over $26.00 with resistance coming in at $27.35 and then $32.00.
NTLA: Stock made a new high yesterday trading up to $33.34 before closing at $31.12. If it can get through the all time high then $35.00 and $37.00 are price targets. Short ratio, 7.5 days to cover.
NVCR: Stock is trading right up at lateral resistance at $22.00. If it can break through that level then $29.00 is the price target. Short ratio 8.7 days to cover.
OSTK: I don't think this stock is done yet. It has stalled in here for the last three days finding overhead resistance around $46.80. It is forming a rising wedge in a rising channel. If it breaks out then $55.00 is the price target. Short ratio, 6.2 days to cover.
QNST: Stock gapped up yesterday trading as high as $9.38 before closing at $8.90. It has overhead resistance at $9.50. Price target $12.00. Short ratio, 3.1 days to cover.
They are mostly big % gainers or stocks with good news. I use STT, my brokers and finviz for ideas
Cool! Means I am in the right track then :-) Just my first week :-) Congrats again in your $300K profit. Cheers from Toronto :-)
Sorry, I forgot to ask. Are you a day trader or swing trader?
Both
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