Another good day in the markets with markets trading higher especially after the release of the FOMC minutes.  In particular the biotechs were strong.  The LABU (biotech ETF) has been in a falling wedge pattern but today bounced off support and broke above the declining tops line on the highest volume in 5 months.  Very bullish sign.  The gold ETFs JNUG and NUGT look to be on the verge of an important move.  They are trading right up against the declining tops line and lateral resistance. It looks as if the markets are anticipating higher bullion prices.  

AKAO:  A stock I have traded recently for profits has consolidated in an orderly declining pattern on low volume.  Today it broke out above the declining tops line and closed near its of the day at $14.88.  I would look to go long over today's high ($15.00) for it to test the recent high of $16.00.  A break above that and my target is $19.00.

ARIA: The stock broke out of its descending wedge formation 4 days ago and consolidated sideways.  Today it popped up to resistance at $13.30 closing at $13.06. I would long over today's high with the next resistance level at $14.42.  Shorts, 6.6 days to cover.

CRNT: Another big move today hitting my target of $3.40 and closing right near the highs of the day.  A move over today's high and we could see this stock at $4.00 as early as tomorrow.

IMGN: A low priced biotech that 3 days ago broke above its declining tops line.  Yesterday it had a low volume inside day (bullish) and today surged ahead to $2.58 closing at $2.49.  A trade above today's high and I would look for a target of $3.25 and then $3.60.  Shorts, 10.8 days to cover so could add some momentum to the trade. 

MB: Very strong chart for this stock.  It is mid channel of an up trending channel and today broke through to all time new highs.  A move above $23.50 and I would look to go long with a price target of $26.00.  Shorts 10.3 days to cover so could add momentum to the trade.

SGYP: The stock has been on a tear the last week or so bouncing of the lower support line of the up trending channel.  Today it broke through resistance at $6.50 and traded up to $6.80 closing at $6.68.  A move above today's high I would look to go long with a price target of $7.80.  Shorts 7 days to cover.  

ZYNE: Stock was up strongly again today.  It is trading at the top of its up trending channel and so may be vulnerable to some consolidation.  But, if the momentum should continue then we could see this stock trading back up at $33.00