Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

6 Stocks That Could Jump Higher

Published 06/16/2020, 12:34 AM
Updated 07/09/2023, 06:31 AM

1. Celsion Corporation

Celsion Corporation (NASDAQ:CLSN) popped out of a falling wedge or pennant two days ago, took an inside day on low volume, and then on Monday, it popped 60 cents, or 19.6%, to 3.66, with a multi-week and session high of 3.79, on 4.9 million shares traded and another 7 cents to 3.73 in after-hours. That was a good breakout day. Now, I’m looking for a move to 4 1/2 and 5 1/2.

2. Inovio Pharmaceuticals

Inovio Pharmaceuticals (NASDAQ:INO) also may have popped on Monday and took out the declining topsline and prior highs. It gained 1.13, or 8.7%, to 14.15, just pennies off the session high at 14.19, on 20.4 million shares traded. I’m looking for a test of 15 1/4. If it gets through 15 3/4-16 1/2 the sky is the limit.

3. Novavax

Novavax (NASDAQ:NVAX) popped out of a month-long coil on Monday and jumped 5.50, or 12%, to 51.07, with a session high of 51.53, on 8.6 million shares traded, and another 36 cents to 51.43 in after-hours. That wasn’t a big move, but we do want to see resistance taken out at 54. If it does that, 60 and 70 are the targets.

4. Origin Agritech

Origin Agritech (NASDAQ:SEED) exploded 1.98, or 31%, to 8.36, with a midafternoon session high of 8.49, on 543,791 shares traded on Monday. You can see that this might be an interesting play. Next targets are 11 and 14.

5. Soliton

Soliton (NASDAQ:SOLY) on Monday announced its new device for removing cellulite and popped 74 cents, or 5.4%, to 14.55, with a session high of 15.50, on 1.3 million shares traded, and another 40 cents in after-hours to 14.95. That’s the biggest volume in almost eight months. There’s a quadruple top up here around 15.60. Keep an eye on it, because if it gets through here, 19 and 22 are targets.

6. VBI Vaccines

VBI Vaccines (NASDAQ:VBIV), which Andre picked out on Monday, looks good. It wedged, popped, pulled back, and then exploded 43 cents, or 20%, to 2.60, with a session high of 2.80, on 29.4 million shares traded. That’s a lot of volume for this stock. If it gets through the 2.95 area, we’re looking at 4-4 1/4 next as target.

Stocks on the long side included Cloudera, Inc. (NYSE:CLDR), Celldex (NASDAQ:CLDX) Therapeutics, Inc. (CLDX), Celsion Corporation (CLSN), Digital Ally, Inc. (NASDAQ:DGLY), DraftKings Inc. (NASDAQ:DKNG), Dynavax (NASDAQ:DVAX) Technologies Corporation (DVAX), GenMark Diagnostics, Inc. (NASDAQ:GNMK), GSX Techedu Inc. (NYSE:GSX), Inovio Pharmaceuticals, Inc. (INO), MediciNova, Inc. (MNOV), Momenta Pharmaceuticals, Inc. (MNTA), Moderna, Inc. (NASDAQ:MRNA), Cloudflare, Inc. (NET), NIO Inc. (NIO), NantKwest, Inc. (NASDAQ:NK), Nikola Corporation (NKLA), Novavax, Inc. (NVAX), Purple Innovation, Inc. (NASDAQ:PRPL), Peloton Interactive, Inc. (NASDAQ:PTON), Origin Agritech Limited (SEED), Soliton, Inc. (SOLY), Teladoc Health, Inc. (NYSE:TDOC), ZOOM Technologies, Inc. (ZOOM), VBI Vaccines Inc. (VBIV), Veritone, Inc. (NASDAQ:VERI), Wrap Technologies, Inc. (NASDAQ:WRTC), and Zynex, Inc. (NASDAQ:ZYXI).

Watch video here...

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Just wondering why airlines & cruise lines not in the line here,.... they jump everyday ! :)
Probably because they can pull back at any time and they drop to lower numbers. Zoom may drop one day but it still will go back up for the rest of the week.
fastly cooked yesterday.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.