It was an interesting day for the stock market on Thursday, and since it closed in the red, we’ll go over both longs and shorts here. RF Micro Devices Inc. (RFMD) came out of a nice base. The base has been tested 3 or 4 times. It moved up and backed off on more time. Thursday’s action took it to 4.75, up 35 cents, or 8%, on 18.5 million shares. By far, that’s the biggest volume in six weeks, the kind of volume you want to see in a breakout. Not only did it break above lateral price resistance, but the declining topsline as well. It could make it up to the 5.40-50 area potentially short-term. The intermediate target is set at 6 1/2-7. Uni-Pixel, Inc. (UNXL) popped on Thursday after a day or two of consolidating, going up to 16.33 before pulling back and closing at 15.39, up 56 cents, or 3.78%, on nearly 750,000 shares. If it’s able to follow through, the next target is 18 short-term, and then 20 intermediate-term. On the Short Side… Atlas Air Worldwide Holdings Inc. (AAWW) doesn’t look very well. It has a head-and-shoulders, a breakaway gap to the downside in the neckline, a break of the trend line, and then a test of support that goes back all year. After bouncing and flittering around, on three separate occasions it could not get through 43 3/4-44 zone, the high here being 43.84. Finally, it rolled over on Wednesday and followed through on Thursday, down 83 cents to 41.59, or 2%, on low volume. It looks like it may be starting a new down channel, maybe even a steep one, and could be in jeopardy of a pretty negative collapse potentially. So watch the low in the 39-40 range, and if it gets below that, it could fall into the mid 40’s pretty quickly. Mellanox Technologies, Ltd. (MLNX), which we shorted, had a short that seemed to work well. It bounced and formed a bear flag, and appears that it may be rolling over again. On Thursday, it was down 1.57 to 67.59, or 2.2%, on low volume. It has a 51 target short-term, and then a 55 target intermediate-term. Other stocks on Harry’s Charts of the Day are Acme Packet, Inc. (APKT), Celsion Corp. (CLSN), Clearwire Corporation (CLWR), Facebook, Inc. (FB), Infinity Pharmaceuticals, Inc. (INFI), Research In Motion Limited (RIMM), The Fresh Market (TFM), and USANA Health Sciences Inc. (USNA). Stocks on the short side include Diebold, Incorporated (DBD), Hibbett Sports, Inc. (HIBB), Range Resources Corporation (RRC), Under Armour, Inc. (UA), and USANA Health Sciences Inc. (USNA).