SBSA, IDIX, WPRT, SCSS - Stock Charts - Harry Boxer, TheTechTrader.com
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Uploaded by thetechtrader on Jan 24, 2012
01/24/12 - Spanish Broadcasting System Inc. (SBSA) had a big move in the last two day, and especially the last week. It has gone from 2.92 to 7.36 in a week's time. On Tuesday, we traded it, and it has done very well, closing at the high for the day going away, up 1.83, or 33%, on 1.2 million shares. It's up against resistance, however, if we get a follow-through, this stock could get as high as 9.00, but we'll have to see what happens in the next couple days. http://www.TheTechTrader.com
Idenix Pharmaceuticals Inc. (IDIX) exploded, went sideways and flagged, and on Tuesday it popped 1.08 to 14.89, or 7.8%, on 2.75 million shares. If it gets through the highs up around 15, we could see this stock quickly up around the 17 range. http://www.TheTechTrader.com
Westport Innovations Inc. (WPRT) is one of our swing trades that's working very well. It had new all-time highs on Tuesday, up 2.46 to 38.06, or 6.9%, on almost 3 million shares. Very, very nice action. There's some resistance here, but with the top of the channel just ahead, it could get up to around 39 1/2 - 40. http://www.TheTechTrader.com
Select Comfort Corporation (SCSS) has a great looking chart. It jumped out of a little consolidation, that's been holding for about a week right at the 20, and on Tuesday it popped 1.21 to 24.31, or 5.2%, on 1.3 million shares. It looks like this stock is headed toward 28. http://www.TheTechTrader.com
Other stocks in our Charts for the Day are Lee Enterprises, Inc. (LEE), Achillion Pharmaceuticals, Inc. (ACHN), Bon-Ton Stores Inc. (BONT), Pharmacyclics Inc. (PCYC), Volterra Semiconductor Corporation (VLTR), Collective Brands, Inc. Common (PSS), Netlist Inc. (NLST), NXP Semiconductors NV (NXPI), Dendreon Corp. (DNDN), KIT digital, Inc. (KITD), Net 1 UEPS Technologies, Inc. (UEPS), Freescale Semiconductor Inc. (FSL), Clean Energy Fuels Corp. (CLNE). http://www.TheTechTrader.com
Harry's Charts of the Day, published each evening Monday through Thursday, features Harry Boxer's video technical analysis on a stock in play. To learn which stocks Harry is trading or discussing intraday, sign up for a Free 15-Day Trial to his Technical Trading Diary -- which includes both day trades and swing/intermediate-term stock picks. http://www.TheTechTrader.com
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