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Criteo S.A. (CRTO) exploded out of a long coil on Thursday and I put a swing on it. It finished up 2.94, or 21%, to 16.95, with a session high of 16.96, on 1.6 million shares traded. That’s the biggest volume we’ve seen on this stock in six months and is a good sign on breakout day. I’m now looking for 18.50 and then 21.00.
Digimarc Corporation (DMRC) is a good, interesting chart. It formed a long base, broke out, formed a platform, and on Thursday it popped and reversed, moving about seven points and finishing up 5.86, or 20.38%, to 34.61, with a session high of 35.50, on 339,771 shares traded. That was a big move for that stock. Resistance is in the 37.50 range, and that is my next target.
Lattice Semiconductor Corporation (LSCC) on Thursday had a gain of 1.54, or 4.64%, to 34.76, with a session high of 35.19, on 1.3 million shares traded. This stock has a nice long-term chart and is coming out of a consolidation zone and forming a consolidation in and of itself. It has a flag-type pattern, and if it pops to 36, it should lead to 40 and 43.
Pinterest, Inc. (PINS) exploded on Thursday and ran all the way up to 68.98, and closed up 13.26, or 26.92%, to 62.51, but substantially off the low, on a monster 127.2 million shares traded. Coming off the top of the channel, I am not surprised that it pulled back. Let’s see if it forms a flag and moves up toward my target at 72.
Tupperware Brands Corporation (TUP), which we put a swing on, it popped and extended on Thursday, with a move up of 3.25, or 11.28%, to 32.05, and a new, session high of 34.09, on 9 million shares traded. My target was 37.00. Now, I am looking for low 40’s. This stock is looking great.
On the long side, stocks included Arrowhead Pharmaceuticals, Inc. (ARWR), Alphatec Holdings, Inc. (ATEC), Anavex Life Sciences Corp. (AVXL), Axovant Gene Therapies Ltd. (AXGT), Calix, Inc. (CALX), Chewy, Inc. (CHWY), Criteo S.A. (CRTO), CTI BioPharma Corp. (CTIC), Community Health Systems, Inc. (CYH), Digimarc Corporation (DMRC), Echo Global Logistics, Inc. (ECHO), Flex Ltd. (FLEX), Halozyme Therapeutics, Inc. (HALO), Jumia Technologies AG (JMIA), Lattice Semiconductor Corporation (LSCC), Livent Corporation (LTHM), Magnite, Inc. (MGNI), NIO Inc. (NIO), Pinterest, Inc. (PINS), Polar Power, Inc. (POLA), Arcus Biosciences, Inc. (RCUS), Realogy Holdings Corp. (RLGY), ProShares UltraShort Bloomberg Crude Oil (SCO), Electrameccanica Vehicles Corp. (SOLO), Tupperware Brands Corporation (TUP), U.S. Concrete, Inc. (USCR), and 21Vianet Group, Inc. (VNET).