The stock market had a very negative session on Tuesday, although  the market is reaching toward oversold. Again, we will take a look at both longs and shorts. ARM Holdings plc (ARMH) had a very good day on Tuesday. It popped across key resistance, a gap breakaway, and right up to resistance at 31.19. It closed up 3.07, or 11%, on a whopping 9.2 million shares. That’s the biggest volume on an up day in a couple years. It’s significant enough that it tested key resistance going back to early 2011. It has a long overhead resistance level at 32-32 1/4 range, and reached near that range before it backed off. Be watching to see if it gets through there, and on up to the mid 30’s. Harley-Davidson, Inc. (HOG) had a big day on Tuesday on earnings. It moved across the 3-point declining topsline, took out some lateral resistance in that zone, and spiked with a move of 3.36 to 46.89, or 7.7%, on 6.9 million shares. It broke out over a 3-month consolidation range. At this point, look for a test of 50-50 1/2 short-term. The secondary target is set at 53-54 zone. Stocks on the Short Side… Mellanox Technologies, Ltd. (MLNX) had a nice follow-through to the downside, down 4.00 to 71.30, or 5.3%, on 3.2 million shares. With a big breakaway gap to the downside, it looks like more downside is coming. Parker-Hannifin Corporation (PH) had a head-and-shoulder break, and a gap to the downside, making lower lows. On Tuesday, it was down 1.36 to 76.74, or 1.7%, on 2.1 million shares. Look for a test of 70 on this stock. Other stocks in our Charts of the Day are Cynosure, Inc. (CYNO), Generac Holdings Inc. (GNRC), Lions Gate Entertainment Corp. (LGF), Nationstar Mortgage Holdings Inc. (NSM), and USG Corporation (USG). Stocks on the short side include Align Technology Inc. (ALGN), Big Lots Inc. (BIG), CEC Entertainment Inc. (CEC), Church & Dwight Co. Inc. (CHD), CARBO Ceramics Inc. (CRR), Deckers Outdoor Corp. (DECK), Monster Beverage Corporation (MNST), Nike Inc. (NKE), Raven Industries Inc. (RAVN), and Titan Machinery, Inc. (TITN).