Interesting day for the indices today.  They gapped down sharply and then rallied all day to close near break even. 

CARA:  It looked like it was forming a head and shoulders pattern, but today's action broke above the left shoulder resistance line $17.19.  It traded as high as $18.39 before closing at $18.15.  I would look to go long over $18.50 with $22.00 as my price target.  It may run into some resistance at the former high of $19.44 so I will watching that area as well.

CGIX: Nice winner from my watch list last night with a $4.00 entry level.  The stock traded as high as $5.30 closing as $5.05.  It does have resistance at $5.50.  If it can get through that area then $7.00 is the next price level.  It is looking extended though, so it may have to consolidate further before the next leg up.  Shorts, 5 days to cover.

COHU: A recent addition to my watch list.  Stock gapped up from around $13.50 early February and traded as high as $17.83.  It has been consolidating the last month but today it broke out above resistance and traded as high as $18.36 closing at $18.04.  I would look to go long over today's high with $20.00 as the next price target.

IPXL: I went long this stock this morning at at $11.35 and thought it would run into resistance around $11.65 so I sold.  It then marches nonstop up to $13.00 closing at $12.70. It now has lots of room to move and I would look to long over today's high with $15.00 as my price target.  Shorts, 4.9 days to cover.

NKTR:  After trading as high as $20 last Sept/Oct. the stock came down and consolidated in the $14.00 range.  Early this month It broke out above $14.00 and based at $15.50.  Last week, the stock gapped up and traded as high as $23.40.  I would look to go long on a break out above $23.44 with $26.00 as my price target.  Shorts 8.4 days to cover so it should add some momentum to the trade if it goes.

NVMI: Another hot stock in the semiconductor sector.  Stock has been in a steep up trend since December gapping up early February to a high of $18.32.  Since then it has consolidated.  Today it broke through lateral resistance at $17.00 and traded as high as $18.99.  It closed off slightly from the high at $18.77.  I would look to go long over $19.00 with $22.00 and $24.00 as my targets.  

TTPH: Stock is in an upward trending channel ever since it broke out from its base at $5.00.  It recently traded as high as $8.68, came back and tested support at $7.50 and then has been up the last three days.  I would look to go long over $8.70 with $9.25 a resistance level.  But if it can get through that then $12.50 is my next target.  Shorts, 4.3 days to cover.

VRAY: Nice winner from my watch list entry level of $7.00.  It has hit all of my price targets at $8.00, $9.00 and then the high for today at $9.95 missed my $10.00 call by $.05.  Stock is now up 7 days in a row so it may be getting long in the tooth.  It should run into resistance at the top of the channel at $10.50.