APRI: Stock broke out of a wedge formation today trading as high as $2.79 and closing at $2.70. It needs to get through overhead resistance at $3.00 with $3.50 and $4.00 as targets. Short ratio 3.6 days to cover.
ARRY: After a few days of consolidation the stock is right up at the mid channel trend line. It traded as high as $17.79 today closing at $17.56. Over $18.00 and we could see $23.00 and $28.00. Short ratio 4.6 days to cover.
CBIO: Stock continues power higher hitting my $35.00 and $37.00 price target. But it is at the top of the channel so may need to pull back. But if momentum continues then $40.00 is the target.
CRNT: Stock broke out of a reverse head and shoulders pattern today trading through the neckline at $2.30 and trading as high as $2.50 (closing $2.49). I have price targets of $2.75 and $3.00.
HTGM: Stock broke out early January and traded up to $4.38 before pulling back to support at $3.10. Today it popped out of the falling down channel at the support level and traded to $4.69 before closing at $4.05. I would look to go long over $4.70 with first target to $5.25 and then $8.00.
IMGN: Stock broke out through key resistance today at $10.00 and traded as high as $10.66 closing at $10.55. This stock has lots of room to move and I would look to go long over today's high with $14.00 as the first price target.
IO: Huge move up in the last three days but is now at the top of the channel trading as high as $31.20 and closing at $30.90. It is also up near lateral resistance. I expect this stock to consolidate for a few days in here but if momentum continues then $35.00 and $40 are the price targets. Short ratio, 13.3 days to cover so shorts are getting squeezed in here.
NEPT: Stock broke out of wedge formation today and traded up to $3.42 closing at $3.40. I would look to go long through $3.55 with the top of the channel coming in at $5.00. Short ratio, 6.2 days to cover.
QURE: A stock we nailed today in chat when it surged near the end of the day trading to $22.45 and closing at $22.32. I would look to go long over today's high with $25.00 and $30.00 as price targets. Short ratio 12.5 days to cover so I wouldn't be surprised to see this stock gap up tomorrow.
RIOT: Nice winner from my watch list last night as the stock traded as high as $18.14 today closing at $17.54. It is up 5 days in a row now and a move through $19.00 and $22.00 is the price target.
Bob whats your view on PIRS ?? After hours down but chart looks very bllish and on an uptrend
Forgot to mention uptrend with volume
Yes, they announced a $40 million financing in the low $8.00 range. So the market will have to digest that before heading higher.
http://bit.ly/2oZVJz7
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