Very strong day on Wall Street with the markets rebounding after the last few days of selling.  Both indices are at resistance so it will be interesting to see if we have follow through tomorrow.  

CARA: Stock has surged the last week nearly $11.50 run.  It traded as high as 28.05 closing at 26.95.  It had made a double top in here and may need to consolidate in this area.  But I still have a $33.00 price target on this stock.  Short ratio, 7.4 days to cover. 

IMGN:  Stock has been in an up trending channel since January coming from $1.55 hitting a high today of $7.10 closing at $7.00.  It is trading at the top of the channel and may have some trouble to move higher without consolidating first.  I would look to go long over today's high with $8.50 and $9.75 as price targets.  Short ratio, 5.2 days to cover.

KTOS: Traded this stock for nice profit when it broke out into new high ground.  It is at the top of the up trending channel trading as high as $12.34 today, closing at $12.15.  I would look to go long this stock over $12.35 with $15.00 as a price target.  Short ratio, 6.5 days to cover.

MBRX: Not really looking to go long this stock as it is approaching resistance at $3.65.  But it has had three powerful moves up trading as high as $3.38 today closing $3.28.  But if it should break through resistance next stop is $5.50.  One to be careful with.  I will be looking to join the trend either way.  Short ratio, 4.4 days to cover.

SPWR:  A stock I have been writing about and trading lately.  Today it broke through lateral resistance and traded as high as $9.99 before pulling back to support and closing at $9.58.  I would look to go long over today's high with $11.00 and $14.00 as price targets.  Short ratio, 8.5 days to cover.

SQ: The strong up trend channel for this stock is accelerating and it has consolidated the last month and is now trading at the bottom of the rising channel line.  If it should break out of the wedge and through $25.00 I would look for $27.00 and then $29.00.

VRX: This is a stock, I think, people love to hate.  It has had a strong move up from $13.00 and traded as high as $17.64 today but trading after hours at $17.59.  $17.70 is the resistance level.  Through that area and I think a squeeze will be on.  The short ratio is only 3 days to cover but in absolute terms it is a whopping 44 million short.  If it can get through resistance then $18.75 and $21.00 are price targets.

ZN:  Not to sure of what to think about this stock.  Only that if it trades through $4.00 there is a lot of open space until $6.50.