Arista Networks (NYSE:ANET) popped last month and pulled back, and has since moving very nicely from 67 and change to about 74 1/4. That was its intra-day high on Tuesday, with its close at 73.65, up 2.12 on 1.8 million shares. My next target is 78, and then 81 1/2.
FireEye (NASDAQ:FEYE) had a breakout in February that has turned into a nice flagging consolidation in recent weeks. The stock is right near the bottom of the up-channel, and could be entered here with a stop under 40 1/2-1/4. If it holds this bottom trendline and runs, it could head into the low-to-mid 50's. Watching for a break above 43 1/2 to spur the move higher.
Sigma Designs (NASDAQ:SIGM) appears to be extending its move with a recent break above lateral resistance from the January high. On Tuesday, it closed up 22 cents to 8.09, or 2.8%, on 1 million shares. Volume continues to be strong, with last two days the strongest volume since January. The rising channel points to a target of 10-10 1/2.
Sorrento Therapeutics (NASDAQ:SRNE) is holding nicely at its current plateau. Monday’s reversal was ugly, but the stock held 12 1/2 and snapped right back on Tuesday, up 57 cents to 13.57, or 4.4%, on 272,400 shares traded. This stock had gone from the 8 range to just over 14 (its intraday high on Monday) very quickly, and was due for a little rest. But it held support, and should the stock get up through 14.20, watch for 15 1/2 and then 16 3/4.
SunEdison (NYSE:SUNE), with the strong solar group on Tuesday, was up 32 cents to 24.46, a penny off its high, on 7.1 million shares. That wasn't a big gain, but it edged the stock above key resistance in the 24.35 area. The next target is 25 3/4, and then 28 3/4.
ZIOPHARM Oncology (NASDAQ:ZIOP) has had a fantastic run-up since October, and doesn't look like it's done yet. It appears to be trying to come out of a consolidation that it’s been in the last six or seven days. It fought back from a low of 13.12 on Tuesday to close at 13.71, up 48 cents, or 3.6%, on 3.4 million shares. A breakout above 14 1/4 could take it to the 18, 19, or even 20 zone.