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There’s a lot of good stocks out there. Let’s take a look at a few of them.

Alkermes, Inc. (ALKS) gapped up today along with AMLN as they’re both involved in the same drug and got some positive news today in their FDA approval process. ALKS gapped up, ran and closed near the high today on heavy volume, up 1.80 or 14.74% on 7.3 million shares. That’s the heaviest volume this stock has traded in maybe four or five years. So, this is a significant price-volume surge that basically has now taken out the March ’09 high and looks headed for a quick run, towards 16 1/2, our short-term trading target.

Amylin Pharmaceuticals (AMLN) similarly gapped up, broke out of a trading range, and closed right on lateral price resistance. A heavy 29 million shares traded today, by far the heaviest volume traded in this stock in years, if not forever. It closed right on resistance. A run here could get this stock into the low 30s, but my short-term trading target is the 27 1/2 area, then followed by an intermediate target in the 34–35 zone, which is up against the ’08 highs.

RINO International (RINO) had a good day and more significantly a good technical day. After coming down hard in January the stock based out, double-bottomed around 18 1/4-1/2, ran up to the moving averages, backed off, held support, and then came on Friday and then again today. Today it gained 1.75 or 7.3% on 2.25 million shares, the heaviest volume in two weeks. It looks like this stock has cleanly broken through lateral price resistance, back above the moving averages at this point. You may see a run that takes it up towards 29, my short-term target, 32 – 32 1/2, my intermediate target.

Lastly is Zoltek Companies (ZOLT), which has a long beautiful base pattern developing with the declining topsline broken on Friday. This stock advanced another 11 cents today. Not a lot, but it did have a follow-through today instead of backing off. That’s a positive. If this stock makes it up to retest the 11.40-50 zone short-term, maybe as high as 121/2, it could get a break out of this base pattern, I would look for a move up towards the 17-18 range for ZOLT on an intermediate basis.

Other stocks featured in our Charts of the Day video analysis are Clean Energy Fuels (CLNE), China Valves Technology, Inc. (CVVT), Finisar (FNSR), Houston American Energy Corp. (HUSA), Impax Laboratories (IPXL), Mindspeed Technologies (MSPD), PLX Technology (PLXT), Pixelworks Inc. (PXLW), UFP Technologies (UFPT), Vanda Pharmaceuticals, Inc. (VNDA), Westport Innovations (WPRT).