Very volatile day in the markets with the indices starting strong and then plunging during the Trump news conference to rally back into the close.  As well the recent super novas, in particular, ETRM, came off, ETRM dropping as much as $10.00.  The NDX is trading at the top of its up trending channel but momentum is strong.  The index is vulnerable for a pull back and could coincide with my 5-10% correction starting at the end of this month.  SPX appears to have made a 3 wave corrective move from the December lows.  I would say it is finishing wave two of a five wave pattern so we have lots of room to move to the upside.  

AKAO: Stock traded as high as $17.00 with news of the Baker Bros taking a 13% position in the stock.  But, like a lot of the biotech health care stocks got hammered during the Trump news conference closing at $16.19, still up $.73 on the day.  I would look to go long this stock over $16.60 with $19.50 as my target.

HDSN: Stock is coming back up to the double top at $8.50.  It is trading at the lower edge of the up trending channel closing today at $8.20.  I would look to go long over $8.50 if it breaks through the resistance with conviction.  Price target is $10.00.

KRNT: Stock has been trading in a up trending channel since November last year.  Today, it gapped up through resistance at $15.00 and traded as high as $17.50 closing at $16.80.  The stock is in an area of resistance.  But if it can break through today's high I would look to see this stock trade upwards to $20.00.  It is a thin trader and at the top of its up trending channel.  So, it may consolidate before moving higher but if the momentum continues we could see it push through.  With shorts, 10.5 days to cover, it made add to the momentum.

MPET: A stock I had written and traded successfully in the past. It has broke above the coil it was forming and closed at $11.90 (but on low volume).  I would look to go long this stock over $11.98 with $15.00 as my first target and then $19.00.  Shorts 6.1 days to cover.