ADXS, CAPN, OAS, TSEM - Harry Boxer Charts to Watch
4/14/15 - https://www.thetechtrader.com -
Even though the markets were mixed on Tuesday, a lot of our stocks continue to mow ahead. We have a lot of those stocks to cover here.
Advaxis, Inc. (ADXS) has tripled, going from the low of 6.95 to over 22.00 on Tuesday in just a couple months. It looks like it doesn’t have any momentum lost at this
point. It was up 1.19 to 21.78, or 5.78%, on 21 million shares. It may blow through the upper-channel line at some point, running up to the high 20’s, low 30’s, but for now, just keep raising your stops.
It’s had five consecutive lower highs, along with some higher highs, so, as a result, it may continue its momentum, but keep close tabs on it. I would still keep a stop under 19-19 1/4.
Capnia,
Inc. (CAPN) had a very quiet, inside day, closing up
10 cents to 7.18 on the session, the volume being the lowest it’s been since we’ve been following it. It looks like it’s on the verge of something. We won’t know what it means until it breaks out or down.
Negative news wouldn’t be nice, but positive news could gap this above 10, and run up to the mid-teens.
Oasis Petroleum Inc. (
OAS) has a great-looking chart. It was put out as a swing trade on Tuesday, because it broke out of a flag, and closed at 18
.01, up 1.05, or 6%, on 7.8 million shares. Be looking for a test of the 19.63 area short-term, and then a run to 22
1/2 intermediate-term. Those are the swing trade targets. It has a beautiful base after a long drop. In July we traded at 58.00, and by Dec it dropped all the way down to 10.00, and change. It has moved back up, based out, and this base alone could move this stock to the high 20’s, or even to the low-to-mid 30’s, eventually.
Tower Semiconductor Ltd. (TSEM) is one of our favorite semiconductors, and has been all year, and is coming out of a nice-looking coil pattern. It popped 78 cents to 17.61, or 4.6%, on nearly a million shares. That’s the best volume in a couple weeks. The key breakout is going to come when it crosses 18
.30.
Watch for 20, and 22 1/2 as the next targets.
Other stocks on
Harry’s Charts of the Day included Advaxis, Inc. (ADXS), Alcatel-Lucent (
ALU), AirMedia
Group Inc. (
AMCN), Builders FirstSource, Inc. (BLDR),
BroadSoft, Inc. (
BSFT), Capnia, Inc. (CAPN), Cara Therapeutics Inc. (
CARA), CIENA Corp.,
C&J; Energy Services, Inc. (
CJES),
Clean Energy Fuels Corp. (CLNE),
Second Sight Medical Products, Inc. (EYES),
GW Pharmaceuticals (GWPH), Intra-Cellular Therapies, Inc. (ITCI), Novogen
Limited (NVGN), Oasis Petroleum Inc. (OAS), Opko
Health, Inc. (
OPK), Solazyme, Inc. (SZYM), Tower Semiconductor Ltd. (TSEM), Voltari
Corporation (VLTC), and
ZIOPHARM Oncology, Inc. (ZIOP). https://www.thetechtrader.com