NEW YORK (TheStreet) -- In this choppy market, we're going take a look at both longs and shorts today.

On the long side, Sanmina (SANM) - Get Report had a very important breakout on Wednesday, up $2.64, or 14.5%, to $20.90 on 4 million shares.

It jumped through the top of its five-month up-channel as well as through lateral resistance going back to last fall. It also broke through a longer-term resistance line going back four years. The next target is $27, near the top of the two-year rising channel.

SodaStream International (SODA) - Get Report popped on Wednesday, up $4.33, or 10.7%, to $44.76 on 8.5 million shares. It broke out across a double top as well as through its declining tops line and 50-day moving average, a big technical move.

Let's see if it can fill the gap from January at around $49.50. If it does, the secondary target would be at $51.75.

On the short side, ITT Educational Services (ESI) - Get Report has moved back up in recent days toward the top of its down-channel, but on no positive change in technicals.

On Wednesday, it reversed down off the channel top, off 15 cents to $27.92, after trading as high as $28.93, and it looks like it's headed much lower, maybe even toward channel and lateral support in the low 20s.

Home Inns & Hotels Management (HMIN) , which lost another $1.35 to $32.30 on Wednesday, has come down in four legs already. It is in a bearish wedge near the top of its declining channel, and may be due for a fifth leg down, which could take it toward $25-$26.

See Harry's video chart analysis on these stocks.

At the time of publication, the author had no position in any of the stocks mentioned.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.