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Community Health Systems, Inc. (CYH) broke out on the long side on Wednesday with a big thrust of 1.33, or 30.3%, to 5.72, with a session high of 6.00, on a hefty 21.2 million shares traded. It looks to me like it is going to head up to 7.25 next.
First Solar, Inc. (FSLR) exploded on positive news on Wednesday and moved up 10.92, or 13.25%, to 93.31, with a session high of 97.93, on 14.6 million shares traded, and an additional 1.04 to 94.35 in after-hours. That is the biggest volume I have seen on FSLR. It might be that this stock is ready to explode through 100 right up to 120-150, the market cooperating.
Skyline Champion Corporation (SKY) had a big, engulfing-reversal day off support on Wednesday, having gone from 23.75 to 27.86, more than four points, with a move up of 2.02, or 8.16%, to 26.78, on 821,458 shares traded. Targets are 30.00 and 32.50. If it gets through that, you are looking at 36.00 going forward.
Scholar Rock Holding Corporation (SRRK) on Wednesday exploded 13.41, or 44.67%, to 43.43, with a session high of 43.64, on a hefty 36 million shares traded, and another 1.46 in after-hours, taking it to 44.89. It may very well extend into the 50’s.
Tupperware Brands Corporation (TUP) made a nominal move on Wednesday, I put a swing on it, and I got lucky as it exploded 7.48, or 35.08%, to 28.80, with a session high of 30.19, on a solid 24 million shares traded. In after-hours it popped another 86 cents to 29.66. The next target is 28.00 short term.
On the long side, stocks included Chewy, Inc. (CHWY), Citrix Systems, Inc. (CTXS), Community Health Systems, Inc. (CYH), DocuSign, Inc. (DOCU), First Solar, Inc. (FSLR), Dragon Victory International Limited (LYL), Skyline Champion Corporation (SKY), Snap Inc. (SNAP), Scholar Rock Holding Corporation (SRRK), Systemax Inc. (SYX), Tupperware Brands Corporation (TUP), and ProShares Ultra VIX Short-Term Futures ETF (UVXY).