The indices had a pretty good rally on Monday off of a mutual sharp dropping, holding secondary support. It’s a very resilient market, and the stocks that we’ve traded have done well. Some of our swings are acting very well.
Advaxis, Inc. (NASDAQ:ADXS) was up 3.61 to 28.77, or 14%, on 3 million shares. Since first being spotted, this stock has gone up 400%. Since we had the last swing on it, it has gone from 8.00 to the 28-9 range, and doesn’t look like it’s stopping any time soon. Its channel calls for a lateral-price resistance at 34, and then 38 as targets, potentially. Keep your eye on this one and continue to raise your stops.
Infinera Corporation (NASDAQ:INFN), one of our Top 25 picks for the year, was up 43 cents to 21.07, or 2%, on 1.8 million shares on Monday. It continues to step its way higher, but the reason it’s one of the charts here is because of its move through resistance. The pullback late in the day may signal a swing trade. It could get to 23, and then 27, which are the targets.
Momenta Pharmaceuticals Inc. (NASDAQ:MNTA) is still moving up, and on Monday it was up 1.27 to 21.12, or 6.4%, on 2.4 million shares. After the base, the run-up, and then the wedge, it broke out of the wedge. With the volume increasing to 2.4 million shares, and then pulling back midday, look for it to run up to 25-6, and the 29.
Opko Health, Inc. (NYSE:OPK) popped out of the little pennant, or wedge, on Monday, up 63 cents to 18.31, or 3.56%, on 3.3 million shares. That’s the best volume in 6 sessions. At this point, if there’s a follow-through, look for 20, and then 23 going forward.
Other stocks on Harry’s Charts of the Day included AirMedia Group Inc. (NASDAQ:AMCN), Infoblox Inc. (NYSE:BLOX), BroadSoft, Inc. (NASDAQ:BSFT), CorMedix, Inc. (NYSE:CRMD), eBay Inc. (NASDAQ:EBAY), Exelixis, Inc. (NASDAQ:EXEL), FireEye, Inc. (NASDAQ:FEYE), Heron Therapeutics, Inc. (NASDAQ:HRTX), ImmunoGen, Inc. (NASDAQ:IMGN), NeoPhotonics Corporation (NYSE:NPTN), Ignyta, Inc. (NASDAQ:RXDX), SolarEdge Technologies, Inc. (NASDAQ:SEDG), Sigma Designs, Inc. (NASDAQ:SIGM), and Net 1 Ueps Technologies Inc. (NASDAQ:UEPS).