Harry Boxer describes five stocks that are making strong moves with serious volume.

Advanced Micro Devices, Inc. (AMD) started off Wednesday with a tremendous snapback off of the three-day pullback. It had dropped from $87.29 to $76. On Wednesday, however, it made up a lot of it with a jump of $5.73 to $82.61 on 88.5 million shares traded. That’s the best volume in six sessions, and an indication it might want to retest the high and take it out. If it does take out $87, I would look for $93.

Builders FirstSource, Inc. (BLDR) has a beautiful chart as it stair-steps its way higher. It looks to me like its 4 waves up and wave 5 started on Wednesday with a big pop to the upside of $3.30, or 12.2% to $30.36, with a session high of $31.18, on 7.5 million shares traded. I would look for an extension to about 34.

First Solar, Inc. (FSLR) swing is acting great. Ever since we put the swing on, it has moved up dramatically, about 50% already. It stalled for a couple days, and on Wednesday, it snapped right back $3.34 (5%) to $73.53, with a session high of $74.93, on 1.7 million shares traded. What it needs to do now is take out the $78.50, and then run it up towards $84.

Pacific Biosciences of California, Inc. (PACB) exploded out of a rising channel and moved up 1.05, or 23.5%, to 5.52, with a session high of 5.78, on 21 million shares traded. It’s up near resistance from the Aug high, which was 5.94. There is a little more room, maybe, but it’s hard to say if it backs off and consolidates. If it keeps on pushing, the next target is up around 6 1/2.

Tesla, Inc. (TSLA) announced a 5 to 1 split on Wednesday and went ballistic. It broke out of that coil I have been showing you for two weeks, and added $180.37 (13%) to $1,554.76, with a session high of $1,585.00, on 22 million shares traded. The target now is $1,689, and the all-time spike high is $1,789. If it gets through that, you’re looking at above $2000.

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 these and all 16 top charts to watch!