CBIO: Low volume trader but after a pull back today it traded sharply higher trading up to $17.21 and closing at $17.15 in a big engulfing bar. It is a the top of the up trending channel but seems to have strong momentum. If it carries on tomorrow, we should see $19.00 and then $22.00.
CENX: Stock recovered from yesterday's sell off and traded as high as $22.07 closing at $21.81. But after hours it had a volatile time with Alcoa's earnings coming out and they were not as good as expected. So we will have to see how this trades in the morning but if it can carry on over the recent highs then $25.00 is the target.
CORT: Nice winner from my watch list last night. The stock also had an engulfing bar today trading to new highs at $22.45 and closing at $22.19. Price targets $23.50 and $26.00.
DRNA: Stock is at the lower edge of the up trending channel and yesterday and today it popped out of a wedge formation. I would look to go long over $9.75 with price targets of $12.00 and $15.00. Short ratio 3.6 days to cover.
ICHR: Big pop today for this semiconductor stock with a great earnings report. It is at lateral resistance at $30.86 (closing at $30.66). But if it can get through that level the we could see $33.00 and $36.00.
KODK: After its huge move last week the stock has pulled back and consolidated. Today it traded up to $9.95 and closing at $9.45. I would look to go long over $10.00 with the recent high of $13.00 as the price target. Short ratio 18.3 days to cover.
Thank you Bob for your watchlists, great work.
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