Array BioPharma Inc (NASDAQ:ARRY) became a swing for us when it exploded Sept, 2016, came down and we put a swing on it. It broke back out, ran up beautifully, reached my swing target, which was a very successful move, and then it came down again. It popped, pulled back, popped again, pulled back, popped one more time on Wednesday, gaining 53 cents, or 6%, 9.54, 5.7 million shares traded.Watch carefully, the 10.30 area. If it gets up to that, targets going forward are 12, 13 1/2, and maybe 15.
Majesco Entertainment Company (COOL) is a swing trade that is acting well. It popped, got up to resistance, and pulled back to support. On Wednesday, it snapped back 1.10, or 4.39%, to 26.16, 49,314 shares traded. Low volume. If it does get volume and pops out across the 27 1/2 range, I will be looking for it to make a move to 30, and then 32-4.
Spark Therapeutics Inc (NASDAQ:ONCE), one of our swing trades, is doing well. It popped 1.73, or 2.22%, to 79.59, on 451,182 shares traded on Wednesday, but didn’t quite close right. Going forward, it needs to take out Wednesday’s high at 79.85. When it gets through that, look for a run to 87-8, and then the low to mid 90’s.
Triton International Group Inc (NYSE:TRTN) broke out on Tuesday, we highlighted it, and it followed through nicely, and popped 1.37, or 3.88%, to 36.65, on 757,514 shares traded. That’s the biggest volume since mid-June. It’s high test would be 37 1/2-3/4 range, getting up to 37.40. My target is 40, maybe 41 going forward.
On the long side, stocks included Abeona Therapeutics Inc (NASDAQ:ABEO), Array BioPharma Inc (NASDAQ:ARRY), Majesco Entertainment Company (COOL), Constellium Nv (NYSE:CSTM), Express Inc (NYSE:EXPR), Fiat Chrysler Automobiles NV (NYSE:FCAU), Freeport-McMoran Inc (NYSE:FCX), feng, Immunomedics Inc (NASDAQ:IMMU), Kite Pharma (NASDAQ:KITE), Spark Therapeutics, Inc. (ONCE), Paratek Pharmaceuticals Inc (NASDAQ:PRTK), Sequans Communications SA (NYSE:SQNS), Triton International Group Inc (NYSE:TRTN), Tower Semiconductor Ltd (NASDAQ:TSEM), Veritone Inc (NASDAQ:VERI), Weibo Corp (NASDAQ:WB), and Zion Oil & Gas Inc (NASDAQ:ZN).
On the short side, stocks included Almost Family Inc (NASDAQ:AFAM), Allegiant Travel Company (NASDAQ:ALGT), Buffalo Wild Wings Inc (NASDAQ:BWLD), Cardtronics Inc (NASDAQ:CATM), Capella Education Company (NASDAQ:CPLA), Foot Locker, Inc. (NYSE:FL), Glaukos Corp (NYSE:GKOS), Hasbro, Inc. (NASDAQ:HAS), Hill-Rom Holdings Inc (NYSE:HRC), Inphi Corporation (NYSE:IPHI), PCM Inc (NASDAQ:PCMI), Signet Jewelers Ltd (NYSE:SIG), Tetra Tech Inc (NASDAQ:TTEK), and Veritiv Cor (NYSE:VRTV).