11/29/10 -There's a lot on the long side that are still emerging and look pretty good. http://www.TheTechTrader.com
Camelot Information Systems Inc. (CIS), after two month nice base, popped 2.37, or 12.6%, on more than a million shares. That's the heaviest volume since its IPO in July. So, perhaps a new price-volume thrust here set off a new up leg. Target now about 24 -- 25 zone. http://www.TheTechTrader.com
Rubicon Minerals Corporation (RBY) had an exceptional price-volume surge today, 11.5 million shares, the heaviest volume we've ever seen in this stock. It took it out of a significant one-year base, declining topsline, and closed near the upper end of the range, within a penny of it. Significant in that it may have set off an intermediate- to longer-term uptrend. We're looking for a price target around 7 short-term, 9 intermediate-term. http://www.TheTechTrader.com
RiT Technologies Ltd. (RITT) had a significant move as well today, up 1.95 on 230,000 shares. A thinly traded stock to begin with, but it closed near the upper end of the range. It broke out of a 4-week bull consolidation after this big thrust in October. Look for a move to higher levels. Let's call it 11 and 14, short- and intermediate-term. http://www.TheTechTrader.com
Theravance Inc. (THRX) also had a significant price-volume surge today, the heaviest volume in a couple months. It had a breakout across key lateral resistance. Consolidation zone in the last couple months could be setting off a new uptrend. Look for a target around 28 -- 28 1/2, secondary target in the low 30s. http://www.TheTechTrader.com
Other stocks in our Charts of the Day video are Amarin Corporation plc (AMRN), Apricus Biosciences, Inc. (APRI), Amtech Systems Inc. (ASYS), BSQUARE Corp. (BSQR), Denison Mines Corp. (DNN), EasyLink Services International Corporation (ESIC), iGo, Inc. (IGOI), ION Geophysical Corporation (IO), Magic Software Enterprises Ltd. (MGIC), Magnum Hunter Resources Corp. (MHR), Motricity, Inc. (MOTR), SodaStream International Ltd. (SODA), Uranium Resources, Inc. (URRE), Warren Resources Inc. (WRES). http://www.TheTechTrader.com
Chart Info: 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 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. http://www.thetechtrader.com
