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HEAR, IO, PYX, QTT, ROKU, TNDM — Stock Charts to Watch

Charts of the Day video for Tuesday February 12th, 2019


It was spectacular day on Wall Street on Tuesday, and a lot of our stocks popped and ran. We are going to take a look at several. Below are a few of those that we highlighted here.

Turtle Beach Corporation (HEAR) had a good day on Tuesday, and popped 1.25, or 8%, to 17.00, on 1.8 million shares. You can see the base, and if it should get up through resistance at 17 3/4, I think this stock has a shot at 22, 25, and 28 going forward.

ION Geophysical Corporation (IO) is looking well. After a pop and breakout three days ago, and a couple day’s pullback, it’s out on the run again. On Tuesday, it was up just 65 cents, or 5.58%, to 12.30, on 151,054 shares traded. The volume was pretty low, but I think this stock was designed to be 14 1/2 and 18.

Pyxus International, Inc. (PYX) made a big move on Tuesday, popping 5.76, or 33%, to 23.12, on 7.3 million shares. This stock led the way on Tuesday in terms of percent-gainers. It was a beautiful move. I think it’s going to test 28 as early as Wednesday morning.

Qutoutiao Inc. (QTT) also popped on Tuesday and took out a wedge. It ran up 2.28, or 19%, to 14.07, on 2.33 million shares. OBV is making new highs and the trend looks very good. I would look for a move to the 17-18 zone.

Roku, Inc. (ROKU) has a rather large wedge that may have been broken on Tuesday. It popped 2.23, or 5%, to 49.21, on 9.8 million shares and is looking pretty darn good. I like the looks of it for a move up to about 57-58.

Tandem Diabetes Care, Inc. (TNDM) popped again on Tuesday, and took out that platform I’ve been showing you, reaching up towards the 49 1/2 area that I reached back in Sept on a snapback high. It jumped 2.08, or 5%, to 46.45, on 3.55 million shares on Tuesday, reaching a high of 49 even. If it can get above the 49-50 zone, we’re looking at high 50’s going forward.

Stocks on the long side included Amarin Corporation plc (AMRN), Aphria Inc. (APHA), Arrowhead Pharmaceuticals, Inc. (ARWR), Bed Bath & Beyond Inc. (BBBY), Bruker Corporation (BRKR), Chegg, Inc. (CHGG), CleanSpark, Inc. (CLSK), Corbus Pharmaceuticals Holdings, Inc. (CRBP), CorMedix, Inc. (CRMD), Diebold Nixdorf, Incorporated (DBD), Exelixis, Inc. (EXEL), Turtle Beach Corporation (HEAR), ION Geophysical Corporation (IO), Keurig Dr Pepper Inc. (KDP), Knight-Swift Transportation Holdings Inc. (KNX), Lannett Company, Inc. (LCI), Lattice Semiconductor Corporation (LSCC), Lululemon Athletica Inc. (LULU), Mimecast Limited (MIME), Pyxus International, Inc. (PYX), Qutoutiao Inc. (QTT), Roku, Inc. (ROKU), Teladoc, Inc. (TDOC), Tandem Diabetes Care, Inc. (TNDM), Tronox Limited (TROX), Vericel Corporation (VCEL), Viking Therapeutics, Inc. (VKTX), Xilinx, Inc. (XLNX), and YRC Worldwide Inc. (YRCW).




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