Nice recovery on the indices today.  It looks like biotechs (LABU) may be at the forefront of the sector rotation. It has formed a base over the past 15 months.  It needs to break through the quadruple top, but if it does, then the biotech game is on.

HDP: Stock has been in a nice up trending channel since $6.00.  Today it broke out of a wedge formation.  It traded as high as $13.39 closing at the top of its range at $13.38.  There is resistance at $13.85.  If it can get through that level then $16.00 is the price target.  

HYGS: Strong run up over the last four days trading as high as $9.95 closing right at the top its range and $9.95.  There is resistance at $10.50. Through that level and $12.00 is the price target.  Short ratio, 5.9 days to cover.

NK: Nice strong chart on this stock.  It has bounced of the trend line and moving averages.  It traded as high as $5.66 closing at the top of its range at $5.63.  It is right at resistance.  But if it can break through that level then we should see a move to $6.75 and $8.00.  Shorts ratio, 7.34 days to cover.

OMER:  Well, every once in awhile you get lucky and highlight a stock that breaks out on good news the next day.  Stock was up $2.00 from the $17.15 entry level and there was lots of opportunity to go long for big profits.  It traded as high$19.91 and closed at $19.64.  If it trades through $20.00, my new price targets are $22.00 and $24.00.  Short ratio, 16.4 days to cover.

ORBC:  I'll take a second stab at this stock as the last buy I put in happened when the markets were down 2% and I had to exit with a small loss to preserve capital.  But, today it did break through the hod and traded as high as $11.29 closing at $11.18.  This is a perfect swing chart.  I would go long over $11.30 with $13.50 and $17.00 as price targets.  Short ratio, 11.2 days to cover so should add a lot of momentum to the trade.

SGMS: Stock has bounced off of lateral support and rising channel line at $25.00.  It traded as high as $26.70 closing at $26.60.  I would look to go long over today's high with $35.00 as the price target.  Short ratio, 11 days to cover so should add momentum to the trade.

TRTN: What a great chart.  Nice up trending channel with a strong trend.  Today it broke out over a double top and traded as high as $33.23 closing at $33.00.  I would look to go long over today's high with $36.00 as the first target.