It was a damn good day on Wall Street on Wednesday, and the stocks that we follow and/or swinging and/or day trading responded very well.
Celator Pharm (NASDAQ:CPXX) is doing great, and as you can see by the chart, it’s channeling up. On Wednesday, it popped out and resistance made a new, multi-year high an all-time high, up 94 cents to 14.15, or 7%, on 3 million shares. The target is still 18 on this one, so stay tuned.
Fireeye Inc (NASDAQ:FEYE) took a pop today of 1.17 to 18.34, or 6.8%, on 4.3 million shares. It looks like it’s coming out of a coil. If it does, look for a quick test of resistance near 19 1/2-3/4, and then at the spike high at reversal day of 22-23, and then 25-26.
Medivation Inc (NASDAQ:MDVN) had a great day on Wednesday, up 3.64 to 49.37, or 8%, on 6.1 million shares. Looks like something that may be eminent on this one. That’s why I put a swing on it. I think it’s going to be a 58-60-dollar stock. It could be taken over any time, so keep your eye on this one.
Ocular Therapeutix Inc (NASDAQ:OCUL) had a very good day on Wednesday. After reaching my target and pulling back, it looks like it’s moving again, up another 1.18 to 12.97, or 10%, on 2.6 million shares. If it takes out last week’s high of 13 1/2, I’m looking at 18 on this stock. This one could be interesting.
Stocks on the long side included Century Aluminum Company (NASDAQ:CENX), Celator Pharmaceuticals, Inc. (CPXX), Ebix Inc (NASDAQ:EBIX), Energy Transfer Equity LP (NYSE:ETE), FireEye, Inc. (FEYE), Fitbit Inc (NYSE:FIT), Five Prm Th (NASDAQ:FPRX), GoPro Inc (NASDAQ:GPRO), Inogen Inc (NASDAQ:INGN), Direxion Daily S&P Biotech Bull 3X Shares (NYSE:LABU), Medivation Inc (NASDAQ:MDVN), Ocular Therapeutix Inc (NASDAQ:OCUL), Sientra Inc (NASDAQ:SIEN)), Shutterstock (NYSE:SSTK), Swift Transportation Company (NYSE:SWFT), TASER International Inc (NASDAQ:TASR), Weibo Corp (NASDAQ:WB), United States Steel Corporation (NYSE:X), and Intrexon Corpn (NYSE:XON).