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Nov. 23, 2016, 9:31 a.m. EST

4 stocks to watch

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    Amkor Technology Inc. (AMKR)
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    Exelixis Inc. (EXEL)
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    Freeport-McMoRan Inc. (FCX)

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About Harry Boxer

Harry Boxer is author of TheTechTrader.com, a real-time diary of his trading ideas and technical market analysis. He has more than 40 years of Wall Street investment and technical analysis experience, including eight years on Wall Street as chief technical analyst with three brokerage firms. Former chief technical analyst and columnist for AmericaInvest.com and winner of the 1995 & 1996 worldwide Internet stock-market trading contest, "The Technical Analysis Challenge," Harry is widely syndicated and a featured guest on many financial programs and sites.

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By Harry Boxer

Here are four stocks breaking out, three of them to new highs, as we highlight charts with strong technical momentum.

Amkor Technology

Amkor Technology Inc. /zigman2/quotes/204596393/composite AMKR +2.89%  made a new high on Monday, up 22 cents, or 2%, to 12.32, on 1.8 million shares traded. Since we first highlighted this in August in the 7.00 range, this stock is up about 80%-85%. The stock is at the top of its long-term channel, but redrawing the channel based on its recent acceleration shows more room to run to the channel top. Watch for a move to 13.50-14.00 short term.

Check out Harry’s video analysis of this stock on the last page.

US : U.S.: Nasdaq
$ 26.03
+0.73 +2.89%
Volume: 893,183
March 23, 2023 4:00p
P/E Ratio
Dividend Yield
Market Cap
$6.21 billion
Rev. per Employee
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