Infinity Pharmaceuticals, Inc. (INFI) Message Board

Harry has posted a Charts of the Day video on KERX at TheTechTrader site noting: Keryx Biopharmaceuticals Inc. (KERX) has been looking really good. It had a huge move in January, early February, going from the 3.00 level, all the way up to nearly 10 before pulling back into a very tight wedge, which has been broken in the last five sessions. Tuesday was a big breakout day for this stock, and on Wednesday, it settled into a consolidation on a low-volume move, but it still managed to be up 18 cents, or 2.2%, on 4.1 million shares. Be watching to see if it gets up to 8.40, and if it does, look for a test of the spike highs up around 9.90-.98. Beyond that, the 11-12 zone, and if it gets lots of volume here, it could spike up.

Harry has posted a Charts of the Day video on KERX at TheTechTrader site noting:Keryx Biopharmaceuticals Inc. (KERX), perhaps, had a significant day. Looking back, it had a big spike in January, a pullback, and then a tight-little coil that was followed by a breakout. It had a little bit of a follow-through on Monday, and then the highs at resistance were broken on Tuesday with a big bang. This stock popped to key resistance going all the way back to February. Look for a test at the 9.90 zone short-term, which is the swing trade target, and beyond that, 11, maybe even 12.

Harry has posted a Charts of the Day video on SRPT at TheTechTrader site noting: Sarepta Therapeutics, Inc. (SRPT) had a nice move on Tuesday as it popped from 35.72 to 42.20, about 6 1/2 points, but backed off and closed up 4.00, or 11%, on 5.9 million shares. That was the biggest volume since October when it exploded. Look for more upside, although the spike high was 45 that day back in October, and Tuesday’s high was 42.20. It may get a follow-through on Wednesday, if there’s any kind of volume. So look for something up around 45.

Harry has posted a Charts of the Day video on UNXL at TheTechTrader site noting: Uni-Pixel, Inc. (UNXL) had a nice day in that the wedge, or coil, that was forming popped 1.25, or 3.7%, on nearly a million shares. That’s the best volume in a few weeks. It’s moving through the declining topsline. Be watching for it to get through 37, and then 40 will be tested, but we may see this stock get as high as 48-50 eventually. So don’t be surprised if you see that.

Harry has posted a Charts of the Day video on SIGA at TheTechTrader site noting: SIGA Technologies, Inc. (SIGA) has been making its way up slowly. Finally, it broke through, pulled back, held at the 20-day, held at prior highs, and then exploded in the last three sessions, going from the 3.50 area up to the highs at 4.31. On Thursday, it was up 32 cents to 4.28, or 8%, on 531,900 shares. Now it looks like it’s going to test 4.60, and if it gets through that, the next target is up around the 6.00 level.

Harry Boxer's Charts of the Day
Harry has posted a Charts of the Day video on Symbol THRX at TheTechTrader site noting: Theravance Inc. (THRX) had a good day on Monday, breaking through the declining topsline and lateral-price resistance in one fell swoop, up 3.37 to 24.29, or 16%, on 4.6 million shares, the biggest volume on this stock in the last couple years. We put a swing trade on it today. The fact that it’s going through resistance, a target has been put on it up around the 27-271/2 area short-term, maybe even higher.

Harry has posted a Charts of the Day video on IMMR at TheTechTrader site noting: Immersion Corporation (IMMR) had a big pop and big break away day today. Over the last couple years, this stock has created an incredible base with multi-tops, perhaps taken out on Thursday, up 1.97 to 8.24, or 31.4%, on 2.1 million shares. The short-term target is 10 1/2.

Harry has posted a Charts of the Day video on FTK at TheTechTrader site noting: Flotek Industries Inc. (FTK) had a key breakout on Thursday, running 1.22 to 15.63, or 8.5%, on 3 million shares. That’s the biggest volume since August of last year, and the second biggest volume in a year. The key is that the main high and the recent high are at the same level. A double-top was taken out with a price-volume thrust on Thursday. If the top of the channel is met, and that could be shortly, it could get up around 16 1/2 short-term, but on a longer-term basis, look for something in the low to mid 20’s.

Harry has posted a Charts of the Day video on SNTS at TheTechTrader site noting: Santarus, Inc. (SNTS) has been a beauty all year and is on the Top 25 list. It looks good and popped another 56 cents to 17.89, or 3.2%, on 1.2 million shares, the best volume in a week. This stock continues to move up toward 20, the short-term target.

Harry has posted a Charts of the Day video on SRPT at TheTechTrader site noting:Sarepta Therapeutics, Inc. (SRPT) broke out, coiled, broke out, flagged, broke out, pulled back and retested, spiked up to the top of the channel before pulling back and testing the prior high, and then bounced off that. It’s acting well. The overall pattern since the big spike high in October on positive drug news shows that a coil formed, it broke out, flagged, and there’s a rising channel under way. This needs to get through 44-45, which is the short-term target, and if it gets through that, you may see it get up into the low 50’s.

Harry has posted a Charts of the Day video on RNF at TheTechTrader site noting: Rentech Nitrogen Partners, L.P. (RNF) has come down nicely, continues to make lower lows and is right on key support. If it breaks through that, look for something at 27 1/2 at the bottom of the channel.

Harry has posted a Charts of the Day video on LGF at TheTechTrader site noting: Lions Gate Entertainment Corp. (LGF) had a key breakout on Wednesday. We’ve been watching this stock for a year now. Going back to March 2012, this stock spiked, coiled for a few months, broke out, and consolidated. It wasn’t a very strong thrust, but it kept moving higher. In January, it accelerated, formed a little consolidation over the last several weeks, and then popped on Wednesday, up 77 cents to 24.71, or 3.22%, on 3 million shares. That’s the best volume in a couple months. Look for this stock to head up toward 28, which is the next target.

Harry has posted a Charts of the Day video on IMMR at TheTechTrader site noting: Immersion Corporation (IMMR) has had a beautiful two days. Friday was a breakout day, and Monday was a follow-through day, up 90 cents to 13.39, or 7.2%, on 1.2 million shares. This stock could reach 15-15 1/2 potentially, which is our swing-trade target, as early as Tuesday of this week.

Harry has posted a Charts of the Day video on Symbol at TheTechTrader site noting: VMware, Inc. (VMW) has a very long, 2-year topping pattern. It’s been in a downward channel since early 2012, and has rolled over and bounced several times, came down to the neckline and held. Prior to this, it has held for 2 1/2 years at the neckline. A break at this level could cause a very nasty decline into the mid to high 50’s.

Harry has posted a Charts of the Day video on INFN at TheTechTrader site noting: Infinera Corporation (INFN) was in a beautiful pennant. Friday, it broke out of that pennant and on Monday, it followed through, up 24 cents to 8.70, or 2.8%, on 1.4 million shares. There’s some resistance here going all the way back to the multiple tops in 2011. If it can get up through here, this stock could test the 11 range, which is the secondary swing-trade target on this stock.

Harry has posted a Charts of the Day video on SGMO at TheTechTrader site noting: Sangamo Biosciences Inc. (SGMO) had a good day on Thursday. The chart shows a double-top which was challenged, it pulled back, formed a wedge, the wedge was broken out on Wednesday, and on Thursday, it took out the January highs and closed up 88 cents to 10.19, or 9.5%, on 1.9 million shares. That was the best volume on an up-day in a long time. More importantly, it appears that it could quickly get to 11 1/2 – 12 short-term, and beyond that, 13 3/4 - 14 intermediate-term.

Harry has posted a Charts of the Day video on SVU at TheTechTrader site noting: SUPERVALU Inc. (SVU) had a very interesting day and chart on Thursday. Late in the day on Thursday, SVU made a pop, and even though it was up only 3 cents, or less than one percent, the volume was good at 6 million shares. It’s been consolidating, but if it can get up through the 4-4.05 level on Friday, it may start to make a move. It has a nice base, a breakout, consolidation for nearly two months, and if the lateral resistance gets broken, it could quickly get all the way up to the 5.35-.50 area near the highs in June-July 2012. Secondary target is around 6 1/2.

Osiris Therapeutics, Inc. (OSIR) also had a big day on Wednesday, up 2.44 to 9.35, or 35.3%, on nearly a million shares. This stock closed with a big gap, blew through three moving averages and declining topsline, and it’s very likely the next level at 9.70 will be tested as early as Thursday. It could even get as high as 10 1/4, and there’s an outside shot of it reaching up to 11, so keep an eye on this one.

Harry has posted a Charts of the Day video on UNXL at TheTechTrader site noting: Uni-Pixel, Inc. (UNXL) had a great day on Tuesday, up another 1.36 to 25.27, or 5.7%, on 748,000 shares, and made nominal new highs. It’s stair-stepping its way higher along the channel. The short-term target is 28-28 1/2. Beyond that, if it gets to the top of the parallel channel, it could get up into the low 30’s, potentially the 32-33 area.

Harry has posted a Charts of the Day video on CIEN at TheTechTrader site noting: CIENA Corp. (CIEN) had a big day on earnings on Thursday. It exploded 2.59 to 17.53, or 17%, on 17 million shares, the biggest volume since last June. More importantly, both the lateral-price resistance and declining topsline were taken out on Thursday. This stock did move up and close at the upper end of the range, and has a resistance at the August highs up around 18 1/4. That’s the target going forward. It may even trend toward the top of the channel. It looks good for CIEN from a longer-term standpoint.