The stock market had a fantastic day on Monday. Let’s take a look at some of the stocks that had good action on Monday that are notable.
Infoblox (NYSE:BLOX) continues to look great, and on Monday it was up 1.23 to 24.48, or 5.3%, on 1.7 million shares. This is one of my Top 20 for the year. In the last two weeks it has moved from 18 1/2 to 25. It came down and had an inside day on Monday, but when an inside day shows a range where it closed at the top of the range on good volume, that’s usually a good sign that the gap is not going to be immediately filled. It may consolidate for a few more days. The target is 28 plus.
FormFactor (NASDAQ:FORM) is doing well, up 44 cents to 10.26, or 4.5%, on 828,000 shares traded on Monday. It had a nice breakout recently, and after the little coil broke, it’s been up nearly every day. On Friday, it had an inside day, but held, and on Monday it moved up again. The volume was decent. Look for it to get to 11-11 1/4 short term, and on a longer-term basis it could get to 14 1/2. It has a nice ascending channel.
First Solar (NASDAQ:FSLR), has been acting really well, reaching 61.21, before pulling back to 61.11, up 1.37, or 2.3%, on nearly 4 million shares on Monday. After the breakaway gap, it’s been up in a rising flag and popped through the resistance zone on Monday. Solar stocks did very well on Monday. It wouldn’t be surprising to see this stock reach up to 65, and beyond that 68, and then 70.
ZAGG (NASDAQ:ZAGG) surprised a lot of people with its earnings report. It’s moving nicely, up 66 cents to 8.36, or 8.57%, on 1 million shares on Monday. It as a long-term declining topsline, which was broken recently, and now it’s trending upward. Would love to see a pullback consolidation in this zone before it sets up for the 9-10 zone. The volume is good, but not great.
Other stocks on Harry’s Charts of the Day included Ambarella, (NASDAQ:AMBA), Athersys (NASDAQ:ATHX), Biocept, (NASDAQ:BIOC), Bristol-Myers Squibb Company (NYSE:BMY), BroadSoft, (NASDAQ:BSFT), Celldex Therapeutics, (NASDAQ:CLDX), Canadian Solar (NASDAQ:CSIQ), DepoMed (NASDAQ:DEPO), VelocityShares 3x Inv ETN (NYSE:DGAZ), DigitalGlobe, (NYSE:DGI), Eagle Pharmaceuticals (NASDAQ:EGRX), Syneron Medical (NASDAQ:ELOS), Ligand Pharmaceuticals Incorporated (NASDAQ:LGND), Ohr Pharmaceutical, (NASDAQ:OHRP), Omeros Corporation (NASDAQ:OMER)), PGT, (NASDAQ:PGTI), Portola Pharmaceuticals,(NASDAQ:PTLA), inContact,(NASDAQ:SAAS), TRACON Pharmaceuticals, (NASDAQ:TCON), Tower Semiconductor (NASDAQ:TSEM), and ZIOPHARM Oncology, (NASDAQ:ZIOP).