BLUEBIRD BIO, INC. (NASDAQ:BLUE) has had an incredible move the last six days, going from 74 to 111. It was up 1.85, or 2%, to 111.00, on 1.65 million shares traded on Thursday. It is overbought. At this point, you’re looking at a 5-wave move. It’s a blow-off fifth wave. It could and should get up near 120.
NovoCure Limited (NASDAQ:NVCR) jumped 50 cents, or 3.65%, to 14.20, on nearly a million shares traded, and tagged 160 on Thursday. What a move on this stock from when we first gave it to you a year ago at 39. That’s 300% in just a little more than a year. At this point, 200-220 is possible.
Loxo Oncology, Inc. (NASDAQ:LOXO) popped and pulled back, we put a swing on it, and it’s moving, up 3.71, or 5.15%, to 75.68, on 700,928 shares traded on Thursday. If it can get up past the spike high at 77 1/2, I’ll be looking for a move to the mid 80’s.
Sierra Wireless, Inc. (NASDAQ:SWIR) exploded and how, popping 3.30, or 12%, to 31,80, on 1.65 million shares traded on Thursday. That’s a clean breakout. I’m looking for 34 and 39 on this one going forward.
On the long side, stocks included bluebird bio, Inc. (BLUE), CAI International, Inc. (NYSE:CAI), Cymabay Therapeutics, Inc. (NASDAQ:CBAY), Century Aluminum Co. (NASDAQ:CENX), Comtech Telecommunications Corp. (NASDAQ:CMTL), Conns Inc. (NASDAQ:CONN), Control4 Corporation (NASDAQ:CTRL), Endo International plc (NASDAQ:ENDP), HealthEquity, Inc. (NASDAQ:HQY), Hydrogenics Corporation (NASDAQ:HYGS), Inovio Pharmaceuticals, Inc. (NASDAQ:INO), Impax Laboratories Inc. (NASDAQ:IPXL), Kite Pharma, Inc. (NASDAQ:KITE), Kopin Corporation (NASDAQ:KOPN), Loxo Oncology, Inc. (NASDAQ:LOXO), Melco Resorts & Entertainment L (NASDAQ:MLCO), NovoCure Limited (NASDAQ:NVCR), NVIDIA Corporation (NASDAQ:NVDA), Sangamo Therapeutics, Inc. (NASDAQ:SGMO), Sierra Wireless, Inc. (SWIR), Triumph Group, Inc. (NYSE:TGI), TTM Technologies Inc. (NASDAQ:TTMI), Valeant Pharmaceuticals (NYSE:VRX) International, Inc. (NYSE:VRX), Zix Corporation (NASDAQ:ZIXI).