The Chemours Company (NYSE:CC) has been a monster all year. It has gone from February 2015 at 3.00 to Tuesday’s high at 48.00. It closed up 1.69, or 3.65%, to 48.02, 3.5 million shares traded. This stock has been a steady runner for us, and I don’t think it’s done yet. As a matter of fact, with the breakout of the flag, it may very well be headed to 50-52, maybe even to the high 50’s.
Invacare Corporation (NYSE:IVC) exploded 3.30, or 26%, to 15.95, on 3.33 million shares traded, on Tuesday. It has 7.3 days to cover . Remember, I liked this stock with the inverse head-and-shoulders for a while now. It broke out and pulled back, then it pulled down, but immediately recovered. Right now, I think it’s headed for the 18-19 range, maybe as high as 20 short-term.
Mimecast Ltd (NASDAQ:MIME) resurrected its trend, and broke out 1.58, or 6%, to 28.50, on 422,214 shares traded. That’s the best volume in three weeks. For now, I am looking for this stock to get up past 30. Resistance is at 29 1/2, so my targets are 32 and 34.
Southern Copper Corporation (NYSE:SCCO), one of our favorites, made a nice swing, and another one is underway. It broke out, ran 1.21, or 3%, to 39.35, on nearly 1 million shares traded, and continues to run. I think it has a shot at getting into the low to mid 40’s.
On the long side, stocks included AK Steel Holding Corporation (NYSE:AKS), Allegheny Technologies Incorporated (NYSE:ATI), The Chemours Company (CC), Cadence Design Systems Inc (NASDAQ:CDNS), Cryoport Inc (NASDAQ:CYRX), Freeport-McMoran Inc (NYSE:FCX), FireEye Inc (NASDAQ:FEYE), Genocea Biosciences Inc (NASDAQ:GNCA), Impax Laboratories Inc (NASDAQ:IPXL), Invacare Corporation (NYSE:IVC), Mimecast Limited (MIME), Southern Copper Corporation (SCCO), Scientific Games Corp (NASDAQ:SGMS), Trade Desk Inc (NASDAQ:TTD), VelocityShares 3x Long Crude Oil (NYSE:UWT) (UWT), and YY Inc (NASDAQ:YY).