It was a tough day on Wall Street, but the stocks that we follow had a good day, a very good day for several of our stocks.
BSQUARE Corporation (NASDAQ:BSQR) one of our swing trades which is working well for us, jumped 52 cents to 6.79, or 8 1/4%, on over a half million shares. Technicals look good. Look for this stock to get to 7 1/2 short-term.
iDreamSky Technology Limited (NASDAQ:DSKY), a Chinese stock, exploded along with a lot of other Chinese stocks on Tuesday, up 1.08 to 11.62, or 10 1/4%, on 1.1 million shares. It popped, broke out of a little flag, and through the resistance level. There is a little resistance near 12.50-.60, which is the near-term target. It may get there on Wednesday. If it can punch through that, look for it to get up near the 15 range.
Momo Inc (NASDAQ:MOMO) is the perfect symbol for a stock that has momentum. It had a breakaway gap, a 2-day run-up, a pullback, and now it’s moving again, up 1.04 to 18.94, or 5.8%, on 2.3 million shares on Tuesday. It may very well reach into the low-to-mid 20’s.
NeoPhotonics Corporation (NYSE:NPTN) is also a swing trade that is working well, up 46 cents to 7.84, or 6 1/4%, on 1.6 million shares on Tuesday. That’s strong volume for that stock, the biggest volume on an up-day all year. The short-term target of 8 1/4 may be too low. Look for 9 1/2 next.
Other stocks on Harry’s Charts of the Day included Applied Opt (NASDAQ:AAOI), Agenus Inc (NASDAQ:AGEN), Actinium Pharma (OTC:ATNM), BSQUARE Corporation (NASDAQ:BSQR), Chanticleer Holdings Inc (NASDAQ:HOTR), China Finance Online Co Limited (NASDAQ:JRJC), McDermott International Inc (NYSE:MDR), Oncothyreon Inc (NASDAQ:ONTY), and Vascular Biogenc (NASDAQ:VBLT).