The market right now is very mixed, so we're going to cover both longs and shorts today.

Brocade Communications Systems Inc. US:BRCD had a very significant breakout on Tuesday on earnings, up 67 cents, or 8.3%, to 8.77 on 15.3 million shares. With the breakout across multiple tops over the last few months, it sure looks like a parallel channel is forming, which could lead to 10.00, maybe 11.00, on this stock.

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

Zynga Inc. ZNGA, +0.95% has been in a beautiful base pattern over the last year-and-a-half. The stock popped to lateral resistance recently and pulled back, and then popped again to that level before another back off. On Tuesday, it was up 15 cents, or 4%, to 3.99 on 1.7 million shares. If it gets up to the 4.10 resistance range, we're going to see this stock start to spike.

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

On the short side, Lithia Motors Inc. LAD, -2.68% has broken down and is forming a bear flag. It fell 81 cents to 63.00 on Tuesday. It could crack imminently, dropping to the mid 50s.

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

Nationstar Mortgage Holdings Inc. US:NSM is still forming a very nice bear wedge after a head-and-shoulders top and a breakaway gap to the downside. The downside target on this stock is 32.50.

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

Rock-Tenn Company RKT, -1.32% was down another 1.50 on Tuesday. After the wedge was broken, it came down and formed a bear flag, and may have broken on Tuesday. Look for more downside to get this stock into the low-to-mid 80s.

See Harry's video chart analysis on these stocks.