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ATOS, AXSM, CDNA, INS, PTE, WAGE

Published 03/15/2019, 12:58 AM
Updated 07/09/2023, 06:31 AM

Atossa Genetics (NASDAQ:ATOS) jumped 5.56, or 368%, to 7.07, on 89 million shares. Pretty amazing. The best part about this is that, not only did it gap and run, it held at the highs and they’re still holding in after hours. If this stock extends, we could see 11 dollars on Friday. Or it could die on the vine.

Axsome Therapeutics (NASDAQ:AXSM) a swing of ours from back in January, is still working. As a matter of fact, Thursday was an engulfing-reversal day to the upside. It has now been up nine days in a row, popping 29 cents, or 2.78%, to 10.71, on 1.2 million shares, and looks to me like it may be headed to 12-13.

Caredx (NASDAQ:CDNA) (CDNA), one of my favorites for the year, and a long-term play as well, jumped 1.29, or 3.5%, to 38.15, on 1 million shares. It’s been up six days in a row and looks to me like this stock could get up to 40, 43, 45, and, so on, over the next few weeks.

Intelligent Systems (NYSE:INS), one of our top picks for the year, climbed 3.36, or 13 1/2%, to 28.25, on 173,572 shares traded. Look at that stock, going from the December lows around the 10 1/2 range to 25-6, pulled back in a coil for about six weeks, and then exploded. On Wednesday, it reversed down off the top of the channel, and on Thursday, it came down and reversed back up again. It looks like it might like to get up into the 40 range.

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Polarityte (NASDAQ:PTE) popped 73 cents, or 5%, to 15.99, on 1.2 million shares on positive news on Thursday, and then backed off. We need to keep close tabs on this stock. Resistance is at about the 17.50-18.20 zone. If it gets through there, I’m looking for 20 1/2 and 23 as targets going forward.

WageWorks (NYSE:WAGE) made a big move on Thursday, jumping 9.12, or 30 1/2%, to 38.99, on 4.4 million shares. That’s the biggest volume I’ve ever seen on this stock. That came after five waves down, a reversal, and retest. I’m now looking for this stock to make a run at 44. That’s the next target.

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