Join Harry Boxer LIVE at The MoneyShow Las Vegas!

Join Harry Boxer LIVE at The MoneyShow Las Vegas!


Stocks Surge on Strong Volume

07/10/2020 9:29 am EST

Focus: STOCKS

Harry Boxer

Author, TheTechTrader.com

Harry Boxer provides Wednesday’s momentum moving stocks on strong volume.

Brainstorm Cell Therapeutics Inc. (BCLI) on Wednesday was up 35¢ (2.8%) to $12.83, with an early morning high of $13.61, on 1.4 million shares traded. It looks like it wants to extend. If it gets through the $13.61 high, you could see $15 to $18.

Ballard Power Systems Inc. (BLDP) swing continues to push. After Tuesday’s pullback and reversal, Wednesday was up 52¢ (2.66%) to 20.06, extending to a new high of $20.30, on 5.2 million shares traded. Going forward, I am looking for $23.

DocuSign, Inc. (DOCU) has been a monster. Since the low $60’s it’s been ripping it by 250%. On Wednesday, it jumped $8.60 (4.35%) to $206.35, closing at the session high at $206.55, on 6.1 million shares traded, In after-hours it was up another $2.59. It’s up at my predicted top. I’m not sure how much further it can go, but momentum is strong on this one.

Tortoise Acquisition Corp. (SHLL) pullback formed a down channel, and on Wednesday it ended with a snapback, but didn’t breakout. It popped $2.58 (11%) to $26.34, with a high of $26.75, on 4.4 million shares traded. Nevertheless, I want to see this stock make a move through the declining tops line. The next target is $29.50. Then we’re looking for $33.

UP Fintech Holding Limited (TIGR) had its second big gap up in three day, exploding $1.41 (26%) to $6.90, with a session high of $7.18, on 10.6 million shares traded. That’s big volume for this stock. TIGR has gone from the March low of under 2.00 to over 7.00.

Harry Boxer is founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis, and live chart presentations. Try Harry's Live Trading Room Free for 15 Days. See our video chart analysis on all 30 top charts to watch!

Related Articles on STOCKS

Keyword Image
5G-Related Stock Patterns
08/05/2020 6:00 am EST

Suri Duddella highlights technical trading opportunities in 5G-related stocks....