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6 Stock To Watch: AGYS, GOLD, LUNA, MAXR, MRKR, OSTK

Published 07/11/2019, 12:17 AM
Updated 07/09/2023, 06:31 AM
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1. Agilysys (AGYS)

AGYS a recent swing of ours, after breaking out, has been backing and filling the last few weeks, and consolidated on Wednesday and may have broken out. It was up 35 cents, or 1.55%, to 22.90, on 123,576 shares traded. The volume picked up a little bit. I’m looking for 25ish and then high 20’s.

2. Barrick Gold Corporation (GOLD)

I recently put out Barrick Gold Corp (NYSE:GOLD) in the gold sector. I like the looks of it. It has a beautiful, inverse head-and-shoulders breakout pullback, and it keeps going. On Wednesday, it popped 47 cents, or 3%, to 16.52, on 18.5 million shares. I think this stock is headed to 18, and then 21. Those on my targets on this stock.

3. Luna Innovations (LUNA)

LUNA after consolidating for three months, it popped out on Wednesday with a nice pop of 44 cents, or 10%, to 4.95, on 294,887 shares traded. That’s huge volume for this stock and the second biggest volume in about four months. I think this stock is headed 5.95-6, and 7 1/2.

4. Maxar Technologies (MAXR)

MAXR had a nice base, reversal, pop, and pullback on Wednesday, reversed of support. It was up only 24 cents, or 3%, to 9.36, on 1.9 million shares. It’s looks like it’s set-up for a move to 13, and then up in the high teens.

5. Marker Therapeutics (MRKR)

MRKR is also a swing. After breaking out and pulling back, this stock has moved from 7.00 to 15.20. On Wednesday, it was up just a nickel to 8.55, on 1.24 million shares, but it ran up to a high of 8.95. You can see the breakout above resistance. The next target is in the 9 3/4-10 1/2 zone going forward.

6. Overstock.com (OSTK)

OSTK continues to exel since we gave you the swing on it back around 14, and change. It jumped to 19.27 on Tuesday, and on Wednesday it had a positive inside day and was up another 1.24, or 7.23%, to 18.39, 11 million shares, with a high of 18.85. It did not exceed Tuesday’s high, but I do think 20-20 1/2 is the next target, followed by 23-23 1/2.

Stocks on the long side

Agilysys, Inc. (AGYS), Advanced Micro Devices, Inc. (NASDAQ:AMD), e.l.f. Beauty, Inc. (ELF), Harmonic Inc. (HLIT), Catasys, Inc. (CATS), Intelligent Systems Corporation (INS), Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG), Barrick Gold Corporation (GOLD), Kirkland Lake Gold Ltd. (KL), Luna Innovations Incorporated (LUNA), Maxar Technologies Inc. (MAXR), McDermott International, Inc. (MDR), Marker Therapeutics, Inc. (MRKR), Overstock.com, Inc. (OSTK), Direxion Daily Gold Miners Bull 3X ETF (NUGT), Anaplan, Inc. (PLAN), SMART Global Holdings, Inc. (SGH), Stratasys Ltd. (SSYS), and Workhorse Group Inc. (WKHS).

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