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4 Stocks To Watch: CORT, DVAX, FOLD, HIIQ

Published 08/08/2017, 12:28 AM
Updated 07/09/2023, 06:31 AM
COL
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TAN
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CORT
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CSIQ
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DVAX
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ESIO
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FOLD
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ON
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BITA
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MTOR
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KEM_old
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SUPN
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VSTM
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BFYT
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GRUB
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WB
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JD
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MOMO
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RUN
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MYOK
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YRD
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BGNE
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EDIT
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TWLO
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NTNX
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Corcept Therapeutics Incorporated (NASDAQ:CORT) is doing great. It popped four days ago, ran for a few days, had an inside day on Friday, and on Monday, it popped out again, gaining 74 cents, or 5%, to 15.08, on 1.3 million shares traded. I’ve been telling you all along that my initial target is 16, and my secondary target is up around 18-19. I’ll be looking for that. It has 10 days to cover .

Dynavax Technologies Corporation (NASDAQ:DVAX) is doing fantastic. On Monday, it jumped another 1.85, or 11%, to 18.40, on 5.9 million shares traded. That’s good volume. Good movement. There is a bit of a target in the 19 range, and then I’m looking for 23, or something of that nature. It has 3 1/2 days to cover .

Swing traded Amicus Therapeutics, Inc. (NASDAQ:FOLD) popped out of its coil and flagged on Monday. It advanced 67 cents, or 5%, to 13.90, on 3.1 million shares traded. It needs to follow through and take out 14.00-05. Then I’m looking for 15 and 18 going forward. There’s 7.2 days to cover . It has momentum, and a strong, sharp position.

Health Insurance Innovations, Inc. (NASDAQ:HIIQ), one of our swing trades, was up 55 cents, or 2%, to 32.25, on 520,235 shares traded on Monday. I wanted you to see how it’s beautifully following through. Monday was an inside day and it came to a pause near resistance. Perhaps we’re going to see 37, and then low the 40’s, with 3.6 days to cover .

Other stocks on the long side included BeiGene, Ltd. (NASDAQ:BGNE), Bitauto Holdings Limited (NYSE:BITA), Rockwell Collins Inc (NYSE:COL), Corcept Therapeutics Incorporated (NASDAQ:CORT), Canadian Solar Inc. (NASDAQ:CSIQ), Dynavax Technologies Corporation (NASDAQ:DVAX), Editas Medicine Inc. (NASDAQ:EDIT), Electro Scientific Industries, Inc. (NASDAQ:ESIO), Amicus Therapeutics, Inc. (NASDAQ:FOLD), GRUBHUB INC. (NYSE:GRUB), Health Insurance Innovations, Inc. (HIIQ), JD.com, Inc. (NASDAQ:JD), KEMET Corporation (NYSE:KEM), Momo Inc. (NASDAQ:MOMO), Meritor, Inc. (NYSE:MTOR), MyoKardia, Inc. (NASDAQ:MYOK), NUTANIX, INC. (NASDAQ:NTNX), ON Semiconductor Corporation (NASDAQ:ON), Sunrun Inc. (NASDAQ:RUN), Supernus Pharmaceuticals, Inc. (NASDAQ:SUPN), Guggenheim Solar ETF (NYSE:TAN), Twilio, Inc. (NYSE:TWLO), Verastem, Inc. (NASDAQ:VSTM), Weibo Corporation (NASDAQ:WB), and Yirendai Ltd. (NYSE:YRD).

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