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Agile Therapeutics, Inc. (AGRX) broke out on Thursday and I just put a swing on it. It popped 38 cents, or 12%, to 3.54, with a session high of 3.75, on 3.8 million shares traded. I think this stock has the potential to run, probably to 4 3/4 and 5 3/4 on a short-term basis.
Aquestive Therapeutics, Inc. (AQST) is another stock that I put out on Thursday. It ran 27 cents, or 3.28%, to 8.66, with a session high of 8.97, on 1.3 million shares traded, and is at resistance. It could explode right here, pop, and surge to, I think, 11, 13 1/2, and maybe 15 down the road. Let’s take a look at this one as a potential follow-through breakout.
Cardiff Oncology, Inc. (CRDF) popped 24 cents, or 4%, to 6.24, with a session high of 6.73, on 590,072 shares traded, and then got stopped out. But I wanted to point out that it snapped back. If it fails here, it’s a rollover. If it continues, you might see it at 8 3/4, 9 1/2, or more.
Nano-X Imaging Ltd. (NNOX) worked out great. What a swing! It broke out of a wedge earlier this month, exploded, pulled back, and ran again on Thursday, jumping 4.29, or 10%, to 48.31, with a new session high of 49.24, on 2.3 million shares traded. In after-hours it was up another 2.12 to 50.43. Looking for more upside, it appears.
Workhorse Group Inc. (WKHS) extended on Thursday, but reversed and closed down 1.23, or -5.2%, to 22.39, with a session high of 24.49, on 29.6 million shares traded, but moved up 41 cents in after-hours to 23. It reached my near-term target, and the next target is 28.
On the long side, stocks included Agile Therapeutics, Inc. (AGRX), Aquestive Therapeutics, Inc. (AQST), Avalara, Inc. (AVLR), Avis Budget Group, Inc. (CAR), Cardiff Oncology, Inc. (CRDF), Caesars Entertainment, Inc. (CZR), Edesa Biotech, Inc. (EDSA), MagnaChip Semiconductor Corporation (MX), NIO Inc. (NIO), Nano-X Imaging Ltd. (NNOX), Nutanix, Inc. (NTNX), OptimizeRx Corporation (OPRX), Pacific Ethanol, Inc. (PEIX), Pinterest, Inc. (PINS), Surface Oncology, Inc. (SURF), Talend S.A. (TLND), Veoneer, Inc. (VNE), and Workhorse Group Inc. (WKHS).
Stocks on the short side included Avalara, Inc. (AVLR), Cree, Inc. (CREE), Fastly, Inc. (FSLY), Fortinet, Inc. (FTNT), GSX Techedu Inc. (GSX), GW Pharmaceuticals plc (GWPH), Inphi Corporation (IPHI), and Wix.com Ltd. (WIX).