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4 Stocks Reaching Up: APPN, CGC, HEAR, OCUL

Published 06/14/2018, 12:27 AM
Updated 07/09/2023, 06:31 AM

Appian Corp (NASDAQ:APPN) is a swing trade I gave you the first of June at 33.94 and targets were 39 and 43. On Wednesday it was up 3.48, or 10%, reaching 38.41, on nearly a million shares. We’re going to have a play on the first target already at 39, so be watching for 43 next.

Canopy Growth Corp (NYSE:CGC) jumped 1.14, or 3.85%, to 30.74, on 2.2 million shares on Wednesday. Since it got listed on the NYSE, it looks a little more lethargic than it did before, but the pattern is still quite bullish. It has multiple tops, and if it crosses 31.85, we’re looking for 36-7, and 40. So keep an eye on this one. Current short-term support is 28 1/2.

Turtle Beach Corp (NASDAQ:HEAR) swing trade is working. It broke out of a coil, popped, flagged for three days, and on Wednesday it popped 2.60, or 13%, to 22.64, reaching as high as 23.20, on 4.4 million shares. This looks good for a run to 28.00, possibly higher.

Ocular Therapeutix Inc (NASDAQ:OCUL) broke out of an inverse head-and-shoulder bottom neckline, it’s trending in a beautiful up-channel, and reached the secondary target at about the 18-level. On Wednesday, it popped 39 cents, or 5%, to close at 8.10, on 661,972 shares traded. It may have enough momentum to carry it up to the next target at 9.00-.05. Beyond that I’m looking for 11-12.

Stocks on the long side included Appian Corporation (APPN), Arrowhead Pharmaceuticals Inc (NASDAQ:ARWR), Canopy Growth Corporation (CGC), PolarityTE, Inc. (COOL), Cardiome Pharma Corp. (CORV), Cryoport, Inc. (CYRX), Digimarc Corporation (DMRC), Galectin Therapeutics Inc (NASDAQ:GALT), Turtle Beach Corporation (HEAR), HUYA Inc. (HUYA), Iridium Communications Inc. (IRDM), Mirati Therapeutics, Inc. (MRTX), Nutanix, Inc. (NTNX), Ocular Therapeutix, Inc. (OCUL), Pivotal Software, Inc. (PVTL), STMicroelectronics (STM), Teladoc Inc (NYSE:TDOC), Talend S.A. (TLND), Tandem Diabetes Care, Inc. (TNDM), Twitter, Inc. (TWTR), Unisys Corporation (UIS), USA Technologies Inc (NASDAQ:USAT), and Viking Therapeutics Inc (NASDAQ:VKTX).

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