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AUPH, EIDX, KERN, LSCC, SWAV — Stock Charts to Watch

Charts of the Day video for Wednesday December 11th, 2019


Aurinia Pharmaceuticals Inc. (AUPH) exploded on news a week ago, pulled back for a day, and is now ramping up. I love the look of this stock. On Wednesday, it was up 76 cents, or 4.29%, to 18.46, and closing pennies of the high at 18.49, on 7.6 million shares. At this point, with this stock making a new high on Wednesday, I’m looking for an immediate run to 22.

Eidos Therapeutics, Inc. (EIDX) swing worked beautifully as it popped, I gave you a swing on it at the 54-55 range, and has moved up more than 10-points to the good on Wednesday, jumping 5.45, or 9%, to 65.60, reaching the session and 52-week high of 65.63, on 158,126 shares traded. The next targets for this stock are 67 and 75. The top-of-the-channel target might be up around 80.

Akerna (KERN) has been consolidating for a week, popping 40 cents, or 3.45%, to 12.00, with a high of 12.73, on 228,033 shares traded on Wednesday. It looks to me like, with that trend, momentum, and volume, this stock is going to be headed for, I think, the 20-21 range going forward.

Lattice Semiconductor Corporation (LSCC), one of my old swings, popped out of a flag on Wednesday and gained 77 cents, or 4.09%, to 19.60, with a high of 19.91, on 1.36 million shares. It needs to get over the double/triple top around the 21 1/4 range. If it gets through that, we’re looking at 26 and 31 as targets.

ShockWave Medical, Inc. (SWAV) swing is slow but steady on its way up, each day reaching just a little higher. On Wednesday, it popped 1.39, or 3.44%, to 41.81, reaching a high of 41.96, on 524,519 shares traded. This is the highest level achieved since the breakdown back in Aug. The next target is going to be a run and a test of 44-44 1/2.

Stocks on the long side included Abeona Therapeutics Inc. (ABEO), Aptose Biosciences Inc. (APTO), Aurinia Pharmaceuticals Inc. (AUPH), Avid Bioservices, Inc. (CDMO), CryoLife, Inc. (CRY), Dermira, Inc. (DERM), Eidos Therapeutics, Inc. (EIDX), Jounce Therapeutics, Inc. (JNCE), Akerna (KERN), Eastman Kodak Company (KODK), Lands' End, Inc. (LE), LMP Automotive Holdings, Inc. (LMPX), Lattice Semiconductor Corporation (LSCC), Livent Corporation (LTHM), Ollie's Bargain Outlet Holdings, Inc. (OLLI), Photronics, Inc. (PLAB), Proteostasis Therapeutics, Inc. (PTI), Sibanye Gold Limited (SBGL), Sorrento Therapeutics, Inc. (SRNE), and ShockWave Medical, Inc. (SWAV).




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