3 Wednesday Trade Ideas

Three breakouts to watch. Lots of breakouts from bases. Using tight stops as this market will snatch back gains in a hurry. 

$ARLP High beta, high short ratio. This biotech broke out of a high base cup and handle formation. Look for an upside target of $26 or about 15% above current prices.

$URA Uranium woke up from a bottom base formation breaking above $20 on substantial volume. Look for an upside target of $24 or about 13%

$WM Waste Management broke above the 200ma for the first time since June. An upside target of $170 would be a 6% gain approximately.