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Activision Blizzard, Inc. (ATVI), a swing of ours, gained 54 cents, or 1%, to 55.45, on 10.4 million shares on Thursday. It hit its first target at 57.52, and then backed off and finished disappointingly well off the highs. After a run of a five-wave move, going from 45 to 57, it may back and fill. We’re looking as 62 as the next target.
Iteris, Inc. (ITI), which I put a new swing on Wednesday, popped up out of a double top. It was quiet for a day, and then boom, up 42 cents, or 7.34%, to 6.14 with a high of 6.24, on 339,536 shares traded. The OBV is rising. I think this stock is going to get up through 6.14 to 6 1/2, and then 7 1/2-3/4.
Lattice Semiconductor Corporation (LSCC) is continuing a beautiful rising channel. In the last nine months, this stock has going from 51/2 to 21.44 and backed off. On Thursday, it gained 88 cents, or 4.37%, to 21.01, on 2 million shares. That’s a new closing high for LSCC, and the highest level in 18 years. I think the top of its channel is now beckoning at 26, and that’s my target.
Overstock.com, Inc. (OSTK) is doing fantastic, jumping 10 points in about seven days, up every one of those days. On Thursday, it actually got above the August high at 26.46, snapping back 3.96, or 17.4%. to 27.72, reaching to a high of 27.38. Targets going forward are 32 and then 39-40.
Sientra, Inc. (Sientra, Inc. (SIEN), a swing trade of ours, was up just 14 cents, or Thursday, or 2%, to 7.25, on 894,447 shares traded and looks like it wants to go. OBV is rising. If it gets up through 7.45, we should see 9 1/2-10.
Stocks on the long side included Ardelyx, Inc. (ARDX), Activision Blizzard, Inc. (ATVI), AudioCodes Ltd. (AUDC), Deciphera Pharmaceuticals, Inc. (DCPH), Digimarc Corporation (DMRC), Direxion Daily Gold Miners Bear 3X ETF (DUST), Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST), iCAD, Inc. (ICAD), InMode Ltd. (INMD), Iteris, Inc. (ITI), LKQ Stock Price (LKQ), Lattice Semiconductor Corporation (LSCC), Maxar Technologies Inc. (MAXR), Natera, Inc. (NTRA), Invitae Corporation (NVTA), Overstock.com, Inc. (OSTK), Paratek Pharmaceuticals, Inc. (PRTK), Quotient Limited (QTNT), Sientra, Inc. (SIEN), T2 Biosystems, Inc. (TTOO), and TherapeuticsMD, Inc. (TXMD).