Another big day on Wall Street as indices may new highs again.  Markets are extended but they still seem to have lots of room to move. The primary trend is still intact and it looks to go higher.  The biotech sector (LABU) yesterday held key support at $41.00 and today traded sharply higher to the top of the down trending tops line.  With markets strong, this may be signalling a move for biotechs. 

ASUR:  A stock I have been writing about the last few days. It has a great chart, being mid channel of a rising channel.  In early may it broke out of a wedge formation and broke through lateral resistance at $13.00.  It traded as high as $15.00 before retracing the move and finding support at $13.00.  Over the last two weeks it has moved up and yesterday broke through lateral resistance at $15.00.  Today it traded as high as $16.00 closing at $15.83.  Over $16.00 and this stock is headed for $18.00 and $21.00.

BOX: Stock has been in a rising channel since last July and looks to be starting wave 5 of a 5 wave pattern.  Today, it broke through lateral resistance at $19.00 and traded as high as $20.85 before closing at $20.48.  There is lateral resistance at $21.00.  But a break through that level and $25.00 is the price target.  Short ratio, 6.5 days to cover.

CARA: Stock popped out of a wedge formation today off of the up trending channel line.  If it can break through lateral resistance at $18.00, then $19.00 and $21.00 are price targets.  Short ratio, 4.6 days to cover.

CONN:  A retail stock bucking the trend.  In mid April it gapped up breaking through lateral resistance at $15.00 trading up to $18.00.  Over the last month is has been consolidating sideways, holding support at $15.00.  Today it did break through resistance at $18.00 trading as high as $18.45 and closing at $17.90.  A move above today's high and I would look to go long with $22.00 and $28.00 as price targets.  Short ratio, 8.8 days to cover.

FIVN: Great long term chart on this stock.  Last week it broke out of its wedge formation and traded to new highs. Today it continue strongly higher $23.63, closing at $23.52.  If this momentum continues then $25.00 and $29.00 are price targets.

IPXL:  Stock popped out of a wedge formation today trading as high as $16.30 closing at $16.15.  I would look to go long over $16.30 with $18.00 and $21.00 as price targets.  Short ratio, 4.8 days to cover.

NBEV: Stock bounced off of support today and broke through lateral resistance at $6.00.  It traded as high as $6.70 before closing at $6.53.  This looks like the start of wave 5 of a 5 wave pattern.  I would look to go long over today's high with $8.00 and $10.00 as the price targets.  

TDOC:  Stock is trading right at resistance trading as high as $31.90 to close at $31.00.  It needs to break through $32.00 and if it does then $35.00 is the next target.  Short ratio, $15.9 days to cover so should add momentum to the trade.  

TRPX: Recent IPO that has retraced all of its gains back to the IPO price.  Over the last week it has been trending up.  Today it popped sharply through the descending tops line to trade as high as $7.32 closing at $7.03.  This looks like the beginning of a new move for the stock.  I'll see how it opens in the morning but I am thinking of going long in this area.  It needs to break through lateral resistance at $7.75 and $8.25.  Through there and $10.00 is a realistic target.