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Stock Investments In Focus: Comtech, Diodes, Kopin And Boingo

Published 08/15/2017, 12:17 AM
Updated 07/09/2023, 06:31 AM
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Comtech Telecommunications Corp (NASDAQ:CMTL), which I’ve been showing you for a couple weeks, popped 1.07, or 6%, to 19.32, on 206,906 shares traded on Monday, and closed at the upper end of the range. As you can see, it is a thinly traded stock, so you need to be careful. Any move over 19 3/4, and it’s headed to 23-4.

Diodes Incorporated (NASDAQ:DIOD), a new stock for us, was up 81 cents, or 3%, to 27.30, on nearly 700,000 shares traded on Monday. It has a base that goes all the way back to 2008. There’s a double-top that goes from 2014 to 2015, where it came in at around 30 3/4, which is my near-term target. If it gets through that, I’m looking at 34-5.

Kopin Corporation (NASDAQ:KOPN) spiked up 32 cents, or 9%, to 3.91, on 1.4 million shares traded on Monday, and closed at the upper end of the range. The last three out of five sessions have been big volume days, but Monday's volume was the biggest volume it’s had all year. The move to 4.20 and 4.50 could be telling. If it blows past 4.50, it’s in good shape. Then the next move to 5.00-5.75-6.00, I think, is what we’ll see in the next few weeks.

Boingo Wireless Inc (NASDAQ:WIFI) finally broke out on Monday, jumping 94 cents, or 5%, to 19.35, on 677,213 shares traded. I’m looking for 22, and then 25 going forward. It has 5.2 days to cover .

On the long side, stocks included Alarm.Com Holdings, Inc. (ALRM), Array BioPharma Inc. (ARRY), AVEO Pharmaceuticals, Inc. (AVEO), BioTelemetry, Inc. (BEAT), Bitauto Holdings Limited (BITA), CAI International, Inc. (CAI), Comtech Telecommunications Corp. (CMTL), Majesco Entertainment Company (COOL), Diodes Incorporated (DIOD), VelocityShares 3x Inverse Crude (DWT), Editas Medicine Inc. (EDIT), Extreme Networks, Inc. (EXTR), Fiat Chrysler Automobiles N.V. (FCAU), Health Insurance Innovations, Inc. (HIIQ), KEMET Corporation (KEM), Kite Pharma, Inc. (KITE), Kopin Corporation (KOPN), MiMedx Group, Inc. (MDXG), NVIDIA Corporation (NASDAQ:NVDA), Spark Therapeutics, Inc. (ONCE), PDL BioPharma, Inc. (PDLI), Sangamo Therapeutics, Inc. (SGMO), Spectrum Pharmaceuticals, Inc. (SPPI), Swift Transportation Company (SWFT), Boingo Wireless, Inc. (WIFI), and Yirendai Ltd. (NYSE:YRD).

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