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A new stock we initiated today, China Wind Systems (CWS), broke out of a wedge pattern at the apex of a coil at the 5.32 area, popped, took out the mid-February high, jumped 60 cents at one point and closed up at 40 cents, or 7 percent. Notice the volume was about the heaviest in about 5 weeks. A significant day may have occurred here if we get a follow through. So I’ll be looking for a move that takes us up toward the 7 1/2 – 8 zone, my short-term trading target, up near the double-top October and January highs. If we get through it, I’ll be looking for something up towards 9 or 10 as my secondary target.

Dendreon (DNDN) had a big day today trading 31 million shares, the heaviest volume in 11 months. Last month the stock broke through key resistance, backed off and retested that as well as the 21-day moving average, surged up in the last couple days, and today after an early dip exploded to new all-time new highs, reaching as high at 35.27 before backing off 2 points at the close. Regardless, this was a very strong session which may mean Dendreon’s ready for higher prices.

Halozyme Therapeutics (HALO), which we added to our portfolio today on that pullback to the breakout point, then popped and closed up 20 cents on the day or 3 percent. Decent volume of 1.3 million shares. Short-term trading target at 7 3/4. Beyond that key overhead resistance level is at the neckline of a massive two and a half year head and shoulders bottom. A breakout above that could lead to a huge move, with my secondary target up around 10.00.

Orckit Communications (ORCT) had a very strong price breakaway gap out of its 1-year base and did it with good volume for that stock, up 62 cents or 14 1/2 percent today. I’m expecting higher prices. My trading target on Orckit is up around the 6 1/2 – 7 range on a shorter-term basis.

Pharmacyclics (PCYC) continues to move beautifully in a rising channel and a very sharp one. It has a weeklong flag around the 5.95 area and I expect that to break out and have this stock run to just under 8.00.

Other stocks on Harry’s charts today are Amylin Pharmaceuticals (AMLN), Astrotech Corp. (ASTC), Netlist Inc. (NLST), Netgear (NTGR), PositiveID (PSID), Radware (RDWR), Origin Agritech (SEED), Sequenom (SQNM), China Digital TV (STV), US Energy (USEG).