AXT Inc (NASDAQ:AXTI) popped 50 cents, or 8%, to 6.70, on 826,769 shares traded on Monday. Earnings are coming out next week, and this stock looks like it could accelerate and reach near the top of the angle of this channel. That would take it up around 7 1/2-3/4 short-term. Intermediate target is 8 1/2-3/4, maybe 9.00.
EMCORE Corporation (NASDAQ:EMKR) ran late in the day on Monday, up 55 cents, or 6%, to 9.75, on 622,334 shares traded. The volume is solid. It looks like the anomaly last Wednesday had that big reversal day. It did not follow through to the downside. Any move across 9.95 could get this going to 11.00, 11 1/2-12.
Mobileye N.V. (NYSE:MBLY) had a great day on Monday. On a deal with Volkswagen (DE:VOWG_p), it went from 43 to 471/4, pulled back and closed up 2.16, or 5%, to 45.58, on 11 million shares traded. That’s the best volume since last July. This stock could explode. My targets are 51 and 57. I upped my swing target.
Oclaro Inc (NASDAQ:OCLR) broke out of a wedge on Monday, gaining 44 cents, or 4.6%, to 9.93, on 8.4 million shares traded. Watch for it to head up and take out 10.35. If it does, it could really start to run toward 14.
Stocks on the long side included Applied Opt (NASDAQ:AAOI), Aehr Test Systems (NASDAQ:AEHR), Aqua Metals Inc (NASDAQ:AQMS), Allegheny Technologies Incorporated (NYSE:ATI), Audiocodes (NASDAQ:AUDC), AXT Inc (NASDAQ:AXTI), CF Industries Holdings, Inc. (NYSE:CF), Cliffs Natural Resources Inc (NYSE:CLF), Ceragon (NASDAQ:CRNT), Constellium Nv (NYSE:CSTM), Control4 Co (NASDAQ:CTRL), EMCORE Corporation (NASDAQ:EMKR), Fabrinet (NYSE:FN), Finisar Corporation (NASDAQ:FNSR), Kopin Corporation (NASDAQ:KOPN), Lsb Industries Inc (NYSE:LXU), Mobileye NV (NYSE:MBLY), Oclaro Inc (NASDAQ:OCLR), Sino-Global Shipping America Ltd (NASDAQ:SINO), TTM Technologies Inc (NASDAQ:TTMI), Global X Uranium ETF (NYSE:URA), VALE SA (NYSE:VALE), United States Steel Corporation (NYSE:X), and Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE).