DQ, SEAC, SPWR, UNIS -- Stock Charts - Harry Boxer, TheTechTrader.com





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Published on Oct 15, 2013

The stock market had a down day on Tuesday, but many of the stocks we follow did pretty good. It will be interesting to see what happens over the next couple of days in the stock market and in Washington. We are going to continue with the longs here.

Daqo New Energy Corp. (DQ), a Chinese semiconductor stock, has been acting wonderful. It had a big surge taking if from about 9.00 to 35. It pulled back and formed a beautiful wedge, and did not break down, holding support in the 23-24 zone. In the last five days, it moved up sharply, and on Tuesday, it spiked up 3.94, or 13 1/2%, on only 323,000 shares traded, very light volume. Because of that, if it does follow through and spike up above 35, it should see 40, and maybe even 45 short-term.

SeaChange International Inc. (SEAC) is looking very good, and we're hearing nothing but strong stories on this one. After the move up from early Sept to early Oct, now the last five sessions have been up every day. On Tuesday, it was up 1.32, or 11.33%. Watch this one, because if it gets +13 1/2 it could start to move. If it does, look for a move to 14 1/2, which is the top of the channel, and then 16.

SunPower Corporation (SPWR) is another one of the solar stocks that is looking well, up another 56 cents, or 1.85%, on 4.6 million shares on Tuesday. With the channel lines not drawn, perhaps, there's some kind of resistance in this zone. This still seems worth 34-35 short-term, and 40 on an intermediate basis.

Unilife Corporation (UNIS) may have made its move the last couple days, we'll see. That was its best close on Tuesday, and may have reached a key-resistance level at about the 3.75-.77 area, and backed off. If it can get through that area, look for something up around 4.25-.50, and beyond that 6-7.

Other stocks on Harry's Charts of the Day are Canadian Solar Inc. (CSIQ), China Sunergy Co. Ltd. (CSUN), Gray Television Inc. (GTN), Novogen Limited (NVGN), Opko Health, Inc. (OPK), PURE TECHNOLOGIES LTD (PUR.TO), Pixelworks, Inc. (PXLW), U.S. Silica Holdings, Inc. (SLCA), Synaptics Inc. (SYNA), Net 1 Ueps Technologies Inc. (UEPS), and Vipshop Holdings Limited (VIPS). http://www.TheTechTrader.com

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