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ACBFF, HDP, PRQR, XNCR — Stock Charts to Watch

Charts of the Day video for Tuesday September 11th, 2018


Aurora Cannabis Inc. (ACBFF) was lagging a bit, but suddenly took off, popping 60 cents, or 10%, to 6.92, on 6.8 million shares on Tuesday. I think maybe it’s time for this stock to make a more important move. One of the larger marijuana stocks, it had gone down from the 8.00 range, all the way down to 4.00, and then spiked up to 7.00, and change. Right now, the pullback held at the juxtaposition of the 21-day and 50-day moving averages and bounced. If this will follow through and get above 7.25, it may be good to go to 8.00, 9.00, and 12.00, or better.

Hortonworks, Inc. (HDP) swing trade popped and looks like it broke out on Tuesday, gaining 85 cents, or 3.75%, to 23.53, on 1.45 million shares, bouncing off the moving averages. That’s an impressive move. Targeting 26, 28 3/4, and eventually 33.

Swing trade Therapeutics N.V. (PRQR) had a breakaway gap, a two-day little wedge, popped on Monday, and popped again on Tuesday, jumping 2.95, or 16%, to 21.60, on 2.5 million shares. I’m looking for an extension to 28.

Xencor, Inc. (XNCR) pushed up through key resistance on Tuesday, running 3.52, or 8.77%, to 43.65, on 325,652 shares traded. You can see that it extended through here, so we’re probably looking at 50-dollars as the next target.

Stocks on the short side included Aurora Cannabis Inc. (ACBFF), Alliance One International, Inc. (AOI), General Cannabis Corp (CANN), CV Sciences, Inc. (CVSI), Etsy, Inc. (ETSY), Gevo, Inc. (GEVO), GTx, Inc. (GTXI), Restoration Robotics, Inc. (HAIR), Hortonworks, Inc. (HDP), HEXO Corp. (HYYDF), Lowe's Companies, Inc. (LOW), Match Group, Inc. (MTCH), NanoString Technologies, Inc. (NSTG), Pinduoduo Inc. (PDD), ProQR Therapeutics N.V. (PRQR), Sonic Corp. (SONC), Sierra Wireless, Inc. (SWIR), The Green Organic Dutchman Holdings Ltd. (TGODF), Tilray, Inc. (TLRY), Turning Point Brands, Inc. (TPB), Xencor, Inc. (XNCR), Zafgen, Inc. (ZFGN).

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