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There was some strong action Thursday. Let’s highlight some of the stocks.

Abercrombie & Fitch Co. (ANF) had a very big day. After releasing earnings it popped 5.28. It gapped up to near 40, backed off to 39, and jumped to 41.68, closing right near the high for the day, a very important technical day. The chart shows a bottoming type pattern, then consolidation. It broke through key lateral resistance up through the December early gap to test the November highs, which was the highest level reached in the entire year after coming off the lows in November ’08. What looks to me like a price-volume thrust and a significant one as 14 million shares traded today, the stock then has a chance of breaking through key resistance and may test it tomorrow. If it does and runs further we can see a move to the top of the channel up toward the 49 1/2 - 50 zone, my next trading target.

Dendreon (DNDN), another new all time high today reaching 35.45, gapped up, ran and closed with a gain of 1.23 on 6.7 million. A little bit better than yesterday, but the underlying technicals are holding up very well with the stock at all time highs and approval may be near and this stock could explode into the 40’s or maybe as high as 45-50.

OmniVision Technologies (OVTI), one of our old beauties, after consolidating for many months, came out with strong earnings and exploded taking the price-volume surge through the declining topsline, reaching right up to the January high, which is also near the reaction high in October. There’s a lot of resistance near this zone, but if it gets it, gets through it, you can see a test of 17 – 171/4 and beyond that it’s off to the races for OmniVision with a target up around the 20 – 22 zone.

Lastly is TiVo Inc. (TIVO), which has a monster day on a major court ruling in its favor. As you can see on the chart, the stock broke out of a 9 to 10 year base pattern today on monster volume of 75.6 million, a very significant move. It probably is a price-volume surge that’s going to lead to higher levels. Long range I could see this stock moving into low to mid 20’s, maybe mid to high 30’s long-term, but for now I’m looking for a move that takes it into the high teens, 19 – 20 zone.

Other stocks to view on Charts for the Day are Callon Petroleum Co. (CPE), JAZZ Pharmaceuticals (JAZZ), Emerson Radio Corp. (MSN), Nektar Therapeutics (NKTR), Pacer International (PACR), PLX Technology (PLXT), Radware (RDWR), Rambus Inc. (RMBS), Sequenom (SQNM).