Charts of the Day Video by Harry Boxer Harry's Charts of the Day video presentation. en-us 2019-12-05 17:00:14 2019-12-05 17:00:14 (Harry Boxer) 110 137 Charts of the Day Video by Harry Boxer GTT, SEAC, TLYS, WKHS, WRTC GTT Communications, Inc. (GTT) popped out after a big down trend on Thursday and gained 53 cents, or 5.3%, to 10.52, with a high of 11.84, on 1.6 million shares. It looks like it’s based out. It formed a V-bottom with its tail, ran up to resistance, pulled back, and was now been up for its seventh day in a row before it pulled back. This is a pullback retest. I put a swing on it, perhaps, a little early. But I think it will make it into the mid-teens.

SeaChange International, Inc. (SEAC) exploded on a strong earnings report on Thursday, and popped 38 cents or 10.5%, to 4.00, with a session and 52-week high of 4.56, on 3.85 million shares. I’ve never seen this much volume on this stock before. It did pullback and retest to try to fill in the gap, but I got a feeling you’re going to start to see this stock consolidate and move up past 4.56 to get to 5 1/2 and 6 1/2. Those are my targets going forward.

Tilly's, Inc. (TLYS) is another retailer that exploded out of its base on Thursday and jumped 1.68, or 16.77%, to 11.70, with a high of 11.70, on 1.2 million shares traded. That’s one of the biggest volumes we’ve seen all year on this stock. It formed a massive gap and closed at the high for the day going away. To me, it’s breakaway day. The next targets are 13 and 14 1/2.

Workhorse Group Inc. (WKHS) was popping on Thursday. Some volume came into it and it went up to the moving average and backed off to close at resistance, gaining 22 cents, or 8%, to 3.02, with a high of 3.17, on 5 million shares. I want to see if this stock can make it to 3.30 with volume and take out 3.75. Those are the resistance and scalp targets. Swing targets are 4 1/2 and 5.

Wrap Technologies, Inc. (WRTC) had a beautiful, high-volume inside day on Thursday, and still moved up 43 cents, or 8%, to 5.73, with a high of 5.85, on 525,915 shares traded. It’s going to form some sort of wedge or consolidate and run to 7 1/2, which is my next target on this stock.

Stocks on the long side included American Outdoor Brands Corporation (AOBC), ChemoCentryx, Inc. (CCXI), Precision BioSciences, Inc. (DTIL), Express, Inc. (EXPR), GSX Techedu Inc. (GSX), GTT Communications, Inc. (GTT), Hovnanian Enterprises, Inc. (HOV), Lexicon Pharmaceuticals, Inc. (LXRX), Nordic American Tankers Limited (NAT), Proteostasis Therapeutics, Inc. (PTI), SecureWorks Corp. (SCWX), SeaChange International, Inc. (SEAC), Sportsman's Warehouse Holdings, Inc. (SPWH), Stage Stores, Inc. (SSI), Tilly's, Inc. (TLYS), Veracyte, Inc. (VCYT), Workhorse Group Inc. (WKHS) and Wrap Technologies, Inc. (WRTC). ]]> 2019-12-05 17:00:14 AMRN, BBBY, CRC, ENDP, IMGN, OMI, PCG Amarin Corporation plc (AMRN) popped a couple days ago with a wedge and has been up five days in a row, gaining, on Wednesday, another 1.15, or 5.32%, to 22.78, with a high of 22.98, on nearly 11 million shares. But, more importantly, it went through a little gap and is up against resistance. I have a target of 24-24 1/2. If it can get through that, it might have a shot at 27.

Bed Bath & Beyond Inc. (BBBY) popped 81 cents, or 6%, to 14.81, with a high of 14.88, on 3.8 million shares on Wednesday. That was a nice comeback and solid up day. It closed right at resistance. If it gets through here, we’re looking at 16 and 18 going forward on BBBY.

California Resources Corporation (CRC) popped on Wednesday as oil turned around. It ran up another 1.09, or 16.54%, to 7.68, with a high of 7.89, on 4.9 million shares. I like the look of this. If it gets a little higher and takes out the 8-8 1/4 range, it might very well be back to 10 very quickly.

Endo International plc (ENDP) broke out of a triple top and wedge on Wednesday, jumping 52 cents, or 10.32%, to 5.51, with a high of 5.55, on 7.1 million shares. It should accelerate here. Minimum target is 6 1/4, 6 3/4, and maybe as high as 8 on this move.

ImmunoGen, Inc. (IMGN) exploded on Wednesday after retesting. It moved up 44 cents, or 12.36%, to 4.00, with a high of 4.02, on 3.2 million shares. Volume was low.

Owens & Minor, Inc. (OMI) popped 36 cents, or 5.44%, to 6.98, with a high of 7.30, on 2.1 million shares, on Wednesday and I put a swing on it. It backed off. Now, I’m looking for a move to 7 1/2, which is my near-term target. If it gets through that, 8 1/2, then 10 are intermediate-term targets.

PG&E Corporation (PCG), on a deal with wildfire victims, made a huge pop on Wednesday, closing 95 cents, or 11%, to 9.47, with a high of 10.75, on 60 million shares, and then backed off. It did get up to the first target zone that filled the gap. Let’s see if it will extend. Targets are 12 and 13 1/2.

Stocks on the long side included Arbutus Biopharma Corporation (ABUS), Amarin Corporation plc (AMRN), Aurinia Pharmaceuticals Inc. (AUPH), Bed Bath & Beyond Inc. (BBBY), Can-Fite BioPharma Ltd. (CANF), California Resources Corporation (CRC), Camping World Holdings, Inc. (CWH), Endo International plc (ENDP), Exelixis, Inc. (EXEL), Galmed Pharmaceuticals Ltd. (GLMD), GTT Communications, Inc. (GTT), ImmunoGen, Inc. (IMGN), Jounce Therapeutics, Inc. (JNCE), Kodiak Sciences Inc. (KOD), Mallinckrodt Public Limited Company (MNK), Owens & Minor, Inc. (OMI), PG&E Corporation (PCG), Provention Bio, Inc. (PRVB), Proteostasis Therapeutics, Inc. (PTI), Avita Medical Limited (RCEL), Renewable Energy Group, Inc. (REGI), Relmada Therapeutics, Inc. (RLMD), SeaChange International, Inc. (SEAC), Veracyte, Inc. (VCYT), Wrap Technologies, Inc. (WRTC), and Xenon Pharmaceuticals Inc. (XENE).

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CGC, EIDX, IOVA, LK, QURE, VRAY, WRTC Canopy Growth Corporation (Canopy Growth Corporation (CGC), which I’m still looking to make a big move this year, made an explosive, 3-day move to 13.21 and pulled back on lower volume. It started to pick up more volume on Tuesday, gaining 84 cents, or 4.63%, to 18.98, with a high of 19.05, on 7.5 million shares as it reversed. Once it gets up to 19 3/4, look for it to run up to 23 1/2, and then 25 and 28 1/2.

Eidos Therapeutics, Inc. (EIDX), a swing trade of ours, had a rather choppy day as it made its way up 4.25, or 7.65%, to 59.79, closing at the day’s and 52-week high at 60.41, on 323,220 shares traded. It looks like it’s going to 67, and then 75.

Iovance Biotherapeutics, Inc. (IOVA), with a big engulfing reversal bar, has taken this stock from 22.10 to Tuesday closing high and high for the day at 24.50. It popped 1.84, or 8.12%, to 24.50, on 2.5 million shares, just 9 cents short of the multi-year high. It’s at resistance. I’m looking for an extension to test the July high at 26.59. If it gets through that, I’m looking for something around 30, or better.

Luckin Coffee Inc. (LK) stair-stepped its way higher all day on Tuesday, and closed 1.72, or 5.69%, to 31.96, with a high of 32.01, on 7 million shares. It formed a breakaway gap in mid-Nov, stalled for two days, had a big run up, formed a wedge, popped, flagged, and began the fifth wave up on Tuesday. Target is 38.

uniQure N.V. (QURE) has a massive top as well. On Tuesday, it jumped 9.14, or 16.68%, to 63.92, with a high of 65.61, on 2.9 million shares. It was breaking out of everything. Resistances is at the day’s high. Let’s see if it will consolidate and move up, then move up to 72-73, or burst right up into it.

ViewRay, Inc. (VRAY) had a big pop on Tuesday, pulled back, I put a swing on it. It was up 1.04, or 31%, to 4.44, with a high of 4, on 20 million shares. I think the breakaway move is significant. Fundamental news was big on Tuesday. Resistance is at 4.88. If it gets through that area, 6 1/2 and 8 are the targets going forward.

Wrap Technologies, Inc. (WRTC) exploded on news on Tuesday. This stock engulfed and ran from 4.25 to the high of 5.20, closing up 74 cents, or 17.17%, to 5.05, on nearly 600,000 shares traded. That’s huge volume for that stock, and one of the biggest in the last year. I think it will extend. I’m looking at 5 3/4 and then 7 1/4. Those are the targets going forward.

Stocks on the long side included Ardelyx, Inc. (ARDX), Arrowhead Pharmaceuticals, Inc. (ARWR), Axsome Therapeutics, Inc. (AXSM), Coeur Mining, Inc. (CDE), Cardlytics, Inc. (CDLX), Canopy Growth Corporation (CGC), CRISPR Therapeutics AG (CRSP), Eidos Therapeutics, Inc. (EIDX), Enphase Energy, Inc. (ENPH), Iovance Biotherapeutics, Inc. (IOVA), IVERIC bio, Inc. (ISEE), Jounce Therapeutics, Inc. (JNCE), Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG), Akerna (KERN), Lands' End, Inc. (LE), Luckin Coffee Inc. (LK), Moderna, Inc. (MRNA), PG&E Corporation (PCG), uniQure N.V. (QURE), Renewable Energy Group, Inc. (REGI), REGENXBIO Inc. (RGNX), Sorrento Therapeutics, Inc. (SRNE), Stage Stores, Inc. (SSI), ViewRay, Inc. (VRAY), Wrap Technologies, Inc. (WRTC), and Xenon Pharmaceuticals Inc. (XENE).

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CLVS, PBYI, X, BYND, TWLO, WWE Stocks on the Long Side….

Clovis Oncology, Inc. (CLVS) was up 1.50, or 10%, to 16.43, with a high of 17.37, on 40 million shares on Monday. This stock has been a monster. Ten of the last eleven days this stock has been up, and eight days in the row. You can see by the way it has exploded, literally, from under 3 to over 17. That’s a five and a half, almost six-fold increase. In a very short time, we need to be careful. It is extended beyond belief. It may very well get into the 20 zone before it peaks, but at some point, it’s going to get a decent pullback. Again, be careful.

Puma Biotechnology, Inc. (PBYI), a swing trade of ours, was up 1.24, or 13%, to 10.73, with a high of 10.90, on 3.9 million shares on Monday. It’s starting to act great. After popping and pulling back, it has moved up steadily. There was a 2-day pullback on low volume, but the volume picked back up again. I’m looking for a target of 11 1/4, 12 1/2, and eventually 15.

United States Steel Corporation (X) was up 55 cents, or 4.19%, to 13.67, with a high of 13.72, on 12.4 million shares. I think it is about to pop. The platform held after the pullback near the trendline and lateral-price support. On Monday, it had a bit of an inside day, but it was a positive one. If this stock can get through 14, it’s on its way up to 15, 16, and 17. Those are the targets going forward.

Stocks on the Short Side….

Beyond Meat, Inc. (BYND) does not look good, folks. It dropped another 3.69, or 4.45%, to 79.27, on 6 million shares, and formed a big bear flag. It’s four flags down. I really think that before it’s all over, we’re going to see 60, and then 50.

Twilio Inc. (TWLO) was down 5.63, or 5.45%, to 97.65, on 5.2 million shares. It ran right up to the moving average and the declining topsline and rolled over hard on Monday. I think it’s going to retest the lows and maybe make lower lows. Probably down toward 80.

World Wrestling Entertainment, Inc. (WWE), which I gave you as a swing trade a while back, lost 50 cents, to 61.52, on 867,881 shares traded. It has now rolled over and formed another rising bear wedge and is four waves down. The next target is probably 49.

Stocks on the long side included China Automotive Systems, Inc. (CAAS), Can-Fite BioPharma Ltd. (CANF), Clovis Oncology, Inc. (CLVS), Dicerna Pharmaceuticals, Inc. (DRNA), Inseego Corp. (INSG), IVERIC bio, Inc. (ISEE), Jounce Therapeutics, Inc. (JNCE), Akerna (KERN), Maxar Technologies Inc. (MAXR), Myovant Sciences Ltd. (MYOV), ormp, Puma Biotechnology, Inc. (PBYI), PG&E Corporation (PCG), Arcadia Biosciences, Inc. (RKDA), Revance Therapeutics, Inc. (RVNC), SAExploration Holdings, Inc. (SAEX), Sorrento Therapeutics, Inc. (SRNE), and United States Steel Corporation (X).

On the short side, stocks included Altice USA, Inc. (ATUS), Baxter International Inc. (BAX), Beyond Meat, Inc. (BYND), CareDx, Inc (CDNA), Church & Dwight Co., Inc. (CHD), Chipotle Mexican Grill, Inc. (CMG), Elastic N.V. (ESTC), HubSpot, Inc. (HUBS), KAR Auction Services, Inc. (KAR), Stryker Corporation (SYK), Twilio Inc. (TWLO), and World Wrestling Entertainment, Inc. (WWE).

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2019-12-01 18:35:42 2019-12-01 18:35:42 BBBY, CCXI, CLVS, INMD, KERN, TDOC Bed Bath & Beyond Inc. (BBBY) had a nice corrective pullback, exploding the last two days. On Tuesday, it was up another 91 cents, or 6.7%, to 14.48, with a high of 14.52, closing just pennies off the high, on 8.65 million shares. Watch resistance at 15. If it gets through that 16 and 18 are targets.

ChemoCentryx, Inc. (CCXI) made an explosive move late on Monday, it pulled back, and when it pulled back, I gave you a buy on it in the 27 range. On Tuesday, it exploded again at 22.67, or a whopping 281.27%, with a 52-week high of 36.88, on 29 million shares. I’m looking for a move up to the 34-38 range, and then we’ll see what happens next.

Clovis Oncology, Inc. (CLVS) has incredible momentum, but I’m getting a little skeptical now because it’s gone from 3.00 to 11.60 in the last four weeks. I think it’s vulnerable. Is there momentum here? Yes, and resistance is in here, indeed. The next target is 15 if it gets going and keeps going. Going forward, the targets are 13 and 15 on an update, and I have a STOP at about 9.00.

InMode Ltd. (INMD) jumped 3.83, or 8.04%, to 51.49, with a high of 51.87, on 1.4 million shares. It is recovering just like CRSP did after a brief rasped and pull back, it tested support and bounced back big time. Resistance is right there, but it looks to me, or seems to me, like the high may be retested at 55. My targets are going to be in the 65-70 zone if it if it reaches 55 in the retest.

Akerna (KERN) popped late on Tuesday with big volume, closing up 1.63, or 26.59%, to 7.76, with a high of 9.48, on 2.5 million shares. You can see on the chart, the pop and pullback to support. I’m looking for a test immediately of about 10. If it gets through that, there is a potential of an upside move to the 12 range.

Teladoc, Inc. (TDOC) had an inside day on Tuesday, a positive day, but it was up only 94 cents, or 1.12%, to 84.90, with a high of 85, the 52-week high being 85.06, on 1.2 million shares. The way it held on Tuesday tells me it’s going higher. I’m targeting 89 and then 95.

Stocks on the long side included Ardelyx, Inc. (ARDX), Arrowhead Pharmaceuticals, Inc. (ARWR), Aurinia Pharmaceuticals Inc. (AUPH), Bed Bath & Beyond Inc. (BBBY), ChemoCentryx, Inc. (CCXI), Chico's FAS, Inc. (CHS), Clovis Oncology, Inc. (CLVS), CRISPR Therapeutics AG (CRSP), Dycom Industries, Inc. (DY), GTT Communications, Inc. (GTT), InMode Ltd. (INMD), Akerna (KERN), Repro Med Systems, Inc. (KRMD), Luna Innovations Incorporated (LUNA), Contango Oil & Gas Company (MCF), Nutanix, Inc. (NTNX), Predictive Technology Group, Inc. (PRED), Arcadia Biosciences, Inc. (RKDA), Roku, Inc. (ROKU), Stage Stores, Inc. (SSI), Teladoc, Inc. (TDOC), Weight Watchers International I (WW), Xenon Pharmaceuticals Inc. (XENE), and Zscaler, Inc. (ZS).

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ABBV, ARWR, BBBY, CLVS, COLL, INGN, NTNX NVTA AbbVie Inc. (ABBV) popped 1.71, or 2%, to 87.76, with a high of 87.88, on 7.75 million shares on Monday. This stock is a swing that we’ve been putting out for about a month now that has gone from the high 60’s, low 70’s to 90. It has reached all of my targets and then some. Now, I’m targeting 95 and 99.

Arrowhead Pharmaceuticals, Inc. (ARWR) has been a monster for us. It has been in a swing which I gave to you at 4-5.00 around March 2018, and then we had another swing in Feb 2019 at 14 3/4. Subsequently, it had a run on Monday, jumping 7.79, or 15.83%, to 56.99, reaching a 52-week high of 59.70, on 5.2 million shares. That’s the biggest volume since May when it was flying. This may very well extend into the high 60’s, low 70’s.

Bed Bath & Beyond Inc. (BBBY) reversed on Monday with a nice spike back, jumping 1.04, or 8.3%, to 13.57, with a high of 13.61, closing just pennies off the high, on 7.2 million shares. I think that was a 5-wave, corrective pullback to the trendline and 50-day, and right now, we’re on our way back up again. I’m targeting 14.90, 16 and 18.

Clovis Oncology, Inc. (CLVS) ran 1.61, or 18.59%, to 10.27, with a high of 10.33, on 17.5 million shares. What a beautiful swing this stock has, with a breakout of 6.60 to 10.33. There is a run at resistance, but there is additional upside potential, I think. Let’s see if it can get past the 11.25-11.40 range. That’s my next scalp or day-trade target. But momentum is long in the tooth, so you need to be careful. It could pullback.

Collegium Pharmaceutical, Inc. (COLL) had an explosive move a week and a half ago, and then moved up the last 6 days in a row, on Monday, popping 1.53, or 7.9%, to 20.88, with a 52-week high of 21.08, on 499,008 shares traded. As targets, I’m looking for 22-22 1/2, and then 25-25 1/2 going forward.

Inogen, Inc. (INGN) is moving and on Monday, it was up 3.07, or 4.2%, to 76.15, with a high of 76.26, on 409,185 shares traded. It popped out of a coil that I’ve been showing you for a week. There’s a gap up here, so watch the level at about 77 1/2. It’s almost there. The next target is 82, and then we’ll looking at the mid 90’s.

Nutanix, Inc. (NTNX) is an example of what can happen after hours. On Monday, it closed down 55 cents, or 1.88%, to 28.75, with a high of 29.80, on 5.2 million shares, but in after hours, it jumped 6.20, or 21.57%. This swing stock had great earnings, and then exploded, after dipping down to 27 it went vertical to 34 1/2, and right now, it’s coiling and consolidating. You may very well see 36-7 in the next session.

Invitae Corporation (NVTA), a swing trade of ours, popped 1.00, or 5.11%, to 20.57, with a high of 20.58, on 1.39 million shares, and broke out above resistance. The next target for this stock is in the 22-23 zone going forward, and then maybe we’ll see another retracement that takes it up to 27.

Stocks on the long side included AbbVie Inc. (ABBV), Abeona Therapeutics Inc. (ABEO), Akebia Therapeutics, Inc. (AKBA), Alnylam Pharmaceuticals, Inc. (ALNY), Arrowhead Pharmaceuticals, Inc. (ARWR), Axsome Therapeutics, Inc. (AXSM), Bed Bath & Beyond Inc. (BBBY), ChemoCentryx, Inc. (CCXI), Clovis Oncology, Inc. (CLVS), Collegium Pharmaceutical, Inc. (COLL), Dicerna Pharmaceuticals, Inc. (DRNA), Inogen, Inc. (INGN), InMode Ltd. (INMD), Direxion Daily S&P Biotech Bull 3X ETF (LABU), Luckin Coffee Inc. (LK), Lattice Semiconductor Corporation (LSCC), Nutanix, Inc. (NTNX), Invitae Corporation (NVTA), Puma Biotechnology, Inc. (PBYI), Purple Innovation, Inc. (PRPL), Sonos, Inc. (SONO), Sorrento Therapeutics, Inc. (SRNE), Teladoc, Inc. (TDOC), Veracyte, Inc. (VCYT), Wrap Technologies, Inc. (WRTC), United States Steel Corporation (X), and Zynex, Inc. (ZYXI).

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2019-11-23 11:15:58 2019-11-23 11:15:58 AXSM, CGC, CLVS, LK, LUNA, PRQR Axsome Therapeutics, Inc. (AXSM) has been phenomenal for the last couple weeks. You can see the run up that has been non-stop practically. On Thursday, it advanced another 1.31, or 4.3%, to 34.12, on 1.6 million shares, and reached new all-time highs at 34.95, and closed right at resistance. Looking back at the long-term chart, I’m not sure why that is resistance. Perhaps the angle has changed to AXSM being a 50-dollar stock. First, look for it to run to 45.

Canopy Growth Corporation (CGC), one of the stocks we follow that’s in the marijuana group, exploded for three days from a low of 13.81 to Thursday’s high of 21.56. That’s nearly an 8-dollar advance or 75% in just these three days. On Thursday alone, it was up 2.65, or 15%, to 20.29, on 38.2 million shares. There’s resistance in the 21.56 zone, and I suspect it may pull back, like it did late in the day. Anything near the 18 1/2-3/4 range might be a good opportunity. Let’s watch it in the next few days to see if it backs and fills or not. A move through 22 1/2, and it might accelerate to the 26 range, and then 28 1/2-29. There’s a gap up near the 29 level. There’s resistance there, as well as at 25 3/4. But I’m going to wait for a pullback retest before I put a swing on it.

Clovis Oncology, Inc. (CLVS), a swing trade of ours, continues to act well since it broke out and has advanced nicely to get over 8.00. It pulled back on Wednesday, and followed through on Thursday, popping 75 cents, or 10.7%, to 7.76, with a high of 8.02, on 8.1 million shares. That tells me 9-9 1/4 are my targets up where the gap is on CLVS.

Luckin Coffee Inc. (LK), after the breakaway gap a week and a half ago, has run up non-stop. There was a 2-day pullback, and then it returned to the upside on Thursday, jumping 1.65, or 6.27%, to 27.95, with a high of 28.72, on 14.5 million shares. If it gets through that 28.72 high, this will be a 30-32-dollar stock.

Luna Innovations Incorporated (LUNA) continued to push up another 20 cents, or 2.89%, to 7.13, with a new high of 7.40, on 634,066 shares traded. I first gave you that one in the 3 1/2 range. The next target on LUNA is 9.00.

ProQR Therapeutics N.V. (PRQR) has popped two days in a row, now taking out the pattern. It had a big pop on Wednesday and had a nice follow-through on Thursday, gaining 49 cents, or 6.37%, to 8.18, with a high of 8.96, on 751,500 shares traded. The declining topsline was taken out on Thursday. Although it backed off, I’m still looking for a run up to 10-10 1/2, and then 12-12 1/4 going forward.

Stocks on the long side included Aurora Cannabis Inc. (ACB), Acreage Holdings, Inc. (ACRGF), Axsome Therapeutics, Inc. (AXSM), Canopy Growth Corporation (CGC), Clovis Oncology, Inc. (CLVS), Cronos Group Inc. (CRON), HEXO Corp. (HEXO), Luckin Coffee Inc. (LK), Luna Innovations Incorporated (LUNA), Contango Oil & Gas Company (MCF), ETFMG Alternative Harvest ETF (MJ), Molecular Templates, Inc. (MTEM), Nuance Communications, Inc. (NUAN), OrganiGram Holdings Inc. (OGI), ProQR Therapeutics N.V. (PRQR), Stage Stores, Inc. (SSI), XPEL, Inc. (XPEL).

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AXSM, LUNA NKTR, NTNX STNG, WRTC Axsome Therapeutics, Inc. (AXSM) was a beautiful swing for us back in February when it went from the 6.00 range up to the 30’s, then it rolled over hard in October, taking out a lot of stops. It has really come back since then, forming a V bottom with a reversal bar, then formed a right hand extension, exploded, tested support in that zone twice before spiking up on Wednesday, 2.28, or 7.49%, to 32.71, on 1.5 million shares, reaching a new all-time high at 32.88. I think we’re going to see this stock move into the 40 and 50 zones at some point.

Luna Innovations Incorporated (LUNA) popped out of a wedge on Wednesday, gaining 46 cents, or 7.11%, to 6.93, with a high of 6.99, on 1.26 million shares. That’s the biggest volume on an up day I think I’ve ever seen on this stock, or at least going back a couple years. At this point, the long-term channel top might extend. Target is in the 8 1/2-9 zone, maybe 10.

Nektar Therapeutics (NKTR) had a big snapback after a breakout retest, took out some stops and came right back again, jumping 1.62, or 8.85%, to 19.93, reaching a high of 19.99, on 3 million shares. Now, I’m looking for the spike high at 22 1/2 followed by 25 on Wednesday.

Nutanix, Inc. (NTNX) is coming on nicely after popping two days ago and consolidating. It popped again on Wednesday, jumping 1.21, or 4.22%, to 29.90, with a high of 30.54, on 3.2 million shares. It did back off the 30 1/2 area where there is some resistance going back to May when it was filling in the gap. My next target is 341/2, and then 37-8.

Scorpio Tankers Inc. (STNG), one of our old swings from back in April when it exploded out of the base, continues to move up as the shipping sector is improving. On Wednesday, it gained another 1.43, or 4.42 %, to 33.81, with a high of 1.6 million shares. If it will move up to 34.60 on Thursday, it could retest the 37 range, and then the target is 40.

Wrap Technologies, Inc. (WRTC) exploded up to resistance a few sessions ago, backed off, and then came on strong on again on Wednesday, popping 34 cents, or 8.92%, to 4.15, with a high of 4.27, on 191,655 shares traded. Resistance is at 4.85, which is my immediate target, and then I’m looking for 5 3/4 going forward.

Stocks on the long side included Akcea Therapeutics, Inc. (AKCA), Alnylam Pharmaceuticals, Inc. (ALNY), Avadel Pharmaceuticals (AVDL), Axsome Therapeutics, Inc. (AXSM), Cloudera, Inc. (CLDR), Cornerstone Building Brands, Inc. (CNR), Eloxx Pharmaceuticals, Inc. (ELOX), EverQuote, Inc. (EVER), IVERIC bio, Inc. (ISEE), Kiniksa Pharmaceuticals, Ltd. (KNSA), Luna Innovations Incorporated (LUNA), Lexicon Pharmaceuticals, Inc. (LXRX), Nektar Therapeutics (NKTR), Nutanix, Inc. (NTNX), Pacific Biosciences of California, Inc. (PACB), ProQR Therapeutics N.V. (PRQR), Scorpio Tankers Inc. (STNG), and Wrap Technologies, Inc. (WRTC).

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