Deere & Company (NYSE:DE), which we gave a swing on, went from 89 to 114 in the last few months. Tuesday was a key breakout above the key congestion range or consolidation area. It was up 2.90, or 2.6%, to 113.15, on 3.3 million shares traded. The targets are 119, and 129.
Foundation (NASDAQ:FMI) is looking good, gaining 1.00, or 3%, to 33.45, on 300,587 shares traded on Tuesday. It formed an inverse head-and-shoulders or right-handed extended V, but there is resistance in this zone. It did back off of that during the day. If it can hold 32, and take out 35, the targets are 38 1/2 and 42. It has 8.7 days to cover .
Mimecast Ltd (NASDAQ:MIME) may have broken out on Tuesday. It popped 44 cents, or 2%, to 23.90, on 254,447 shares traded, and through resistance. Although there is a high at 24.60 from a spike-high in November, right now, it looks like it’s headed to 27, 31, and more.
Terex Corporation (NYSE:TEX), a farm and construction machinery company, ran 2.57, or 7.77%, to 35.66, on 3.7 million shares traded on Tuesday. It broke out of a 3-4-month consolidation, and looks like it’s going to be testing 38 shortly, and my intermediate target is in the mid 40’s.
Stocks on the long side included Allegheny Technologies Incorporated (NYSE:ATI), Bitauto Holdings Limited (NYSE:BITA), Caterpillar Inc. (NYSE:CAT), Deere & Company (NYSE:DE), CEVA Inc (NASDAQ:CEVA), New Oriental Education & Technology Group Inc. (NYSE:EDU), Epizyme, Inc. (NASDAQ:EPZM), Foundation Medicine, Inc. (FMI), Direxion Daily S&P Biotech Bull 3X ETF (NYSE:LABU), LSB Industries Inc. (NYSE:LXU), Mimecast Limited (NASDAQ:MIME), Mazor Robotics Ltd. (NASDAQ:MZOR), Netflix, Inc. (NASDAQ:NFLX), Radware Ltd. (NASDAQ:RDWR), Ignyta, Inc. (NASDAQ:RXDX), STMicroelectronics N.V. (NYSE:STM), Terex Corporation (TEX), TG Therapeutics, Inc. (NASDAQ:TGTX), Triton International Ltd (NYSE:TRTN), ViewRay, Inc. (NASDAQ:VRAY), and Wynn Resorts Ltd. (NASDAQ:WYNN).