Urban Outfitters, Inc. (NASDAQ: URBN)

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company operates in two segments, Retail and wholesale.

Take a look at the 1-year chart of Urban (NASDAQ: URBN) below with my added notations:

During the past three months, URBN has repeatedly hit the $24 mark (red) as resistance. The stock recently fell from that level, but now it could be on its way back up there again. A solid close above $24 should lead to much higher prices for URBN.

Continue Reading »

Mirati Therapeutics Inc (NASDAQ: MRTX)

Mirati Therapeutics, Inc., a clinical-stage oncology company, develops product candidates to address the genetic and immunological promoters of cancer in the United States.

Take a look at the 1-year chart Mirati (NASDAQ: MRTX) below with my added notations:

MRTX had formed a key level of resistance at the $80 level (green) back during the first quarter of this year. The stock broke through that resistance in May, but now, three months later, the stock appears to be set to test that old $80 resistance as a new support.

Continue Reading »

Estee Lauder Companies Inc (NYSE: EL)

The Estée Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance, and hair care products.

Take a look at the 1-year chart of Estee (NYSE: EL) below with added notations:

EL has been trading sideways over the past couple of weeks. While in the sideways range, the stock has formed a support at around $195 (green) and a clear resistance level at $205 (red). At some point, the stock will have to break out of the current trading range.

Continue Reading »

Epizyme Inc (NASDAQ: EPZM)

Epizyme, Inc., a late-stage biopharmaceutical company, discovers, develops, and commercializes novel epigenetic medicines for patients with cancer and other diseases primarily in the United States.

Take a look at the 1-year chart of Epizyme (NASDAQ: EPZM) below with my added notations:

During the past two months, EPZM has repeatedly hit the $14 mark (red) as resistance. The stock recently fell from that level, but now seems to be on its way back up there again. A solid close above $14 should lead to much higher prices for EPZM.

Continue Reading »

IPG Photonics Corporation (NASDAQ: IPGP)

IPG Photonics Corporation develops and manufactures a range of high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide.

Take a look at the 1-year chart of IPG Photonics (NASDAQ: IPGP) below with added notations:

1-year chart of IPG Phonetics (NASDAQ: IPGP)

IPGP has been trading sideways over the past month, and while in the sideways range, the stock has formed a key support at $115 (green) and a clear resistance level at $125 (red). At some point, the stock will have to break out of the current trading range.

Continue Reading »