Uploaded by thetechtrader on Mar 4, 2010
03/04/10 - http://www.TheTechTrader.com - Abercrombie & Fitch Co. (ANF) had a very big day after releasing earnings today as it jumped 5.28 or 14.5% to 41.52 on 14 million shares traded today. This stock has a chance of breaking resistance and if it does, it could get up around 49-50 zone. Dendreon (DNDN) reached an all time high today and closed at 34.85 up 1.23 or 3.6% after providing more support for its late-stage Impact study showing that Provenge extends the overall survival of men with metastatic, castrate-resistant prostate cancer. This is another stock that could explode to the high 40.00, low 50.00 range in a short period of time. OmniVision Technologies (OVTI) shares rose 1.25 or 8.8%, to 15.46 after an analyst upgraded the maker of image sensors for digital cameras and other devices, predicting it will increase its market share this year. This stock has traded between 6.04 and 17.48 during the past year, but today took off and ran up. You could see this stock test the 17-17.25 area, then move up toward the 20-22 zone. TiVo Inc. (TIVO) had a monster day today as it broke out of a 9 to 10 year base pattern. Up 6.32 to 16.53 or 61.9% on 75.7 million shares. This stock could go to low to mid 20's short range, and low to mid 30's long range, but right now look for a move that takes this into the high teens—19-20.00 zone. Other stocks to view on Charts of the Day are Callon Petroleum Co. (CPE), JAZZ Pharmaceuticals (JAZZ), Emerson Radio Corp. (MSN), Nektar Therapeutics (NKTR), Pacer International (PACR), PLX Technology (PLXT), Radware (RDWR), Rambus Inc. (RMBS), Sequenom (SQNM) - http://www.TheTechTrader.com/ChartofDay - Chart Info: Harry's Chart 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 adding to his model portfolio, including stops and targets, sign up for a Free 15-Day Trial to his Technical Trading Diary -- which includes both day trades and intermediate-term stock picks. https://www.thetechtrader.com/cgi-bin/fbuser.
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