Nice three way correct move to the up side today after the large sell off yesterday.  Most likely, this was the dead cat bounce after the sharp sell off. So we will have to wait and see if there is any follow through to the up side. Biotechs and semiconductors lead the rally back from the lows today.  To name a few, AAOI, CARA, CLVS, INCY

GLYC: The big star trader today as shorts kept piling in only to be squeezed out.  One of the dangers when bears don't read the news.  I understand that it is very positive news.  The stock has built a base over the last 2 years and today gapped up and blew through resistance at $9.00 and $10.00.  The stock did trade as high as $11.58 before closing at $10.67.  I would go long this stock over today's high with $13.00 and $18.00 as the price target.  Short ratio, 16.5 days to cover.  So it should continue to add momentum to the trade.

IMGN: Stock is in a rising channel trading near the top of the range.  But it has recently broken above resistance at $4.70 and today traded as high as $5.50 before closing at $5.40.  If it breaks through the top channel line and lateral resistance at $5.50 then I would look for $6.50 and $7.00 as price targets.  Short ratio, 5.9 days to cover.

IMMU: Stock is in a long rising channel from $2.00 last November trading as high as $7.48 today, closing at $7.40.  It is trading at a multi year high.  I would look to go long over today's high with $8.50 and $10.00 as price targets.  Short ratio, 13.66 days to cover so it could a lot of momentum to the trade.

SORL: Very profitable trade for me today on this stock.  I bought the break out of $6.40 and the stock traded as high as $7.10.  It had gapped up last week on earnings and then sold off over the last two days.  But today, it broke into new high territory.  I would look to go long over today's high with price targets of $8.00 and then $10.00.