Achaogen Inc (NASDAQ:AKAO), one of our swing trades, jumped 1.01, or 4.4%, to 24.00, on 408,860 shares traded on Wednesday. Looking at the pattern, you can see how the trendline held, and the last few days it’s been moving up slightly. If it can just get out through the declining topsline, maybe it will pop to 26-7, and take out the high at 27.79. Short-term target is 28, and longer-term target is 40. It has 4 days to cover .
Kopin Corporation (NASDAQ:KOPN) had a nice day on Wednesday, popping 35 cents, or 9%, to 4.20, on 1.2 million shares traded. The wedge was broken, the trendline held the twenty-one and fifty day, and then popped. That was the best volume in quite a while. The last time it popped and pulled back, it extended, and I’m expecting it to happen again, and make a move to 4 3/4-5. That is my target.
ViewRay Inc (NASDAQ:VRAY) is acting great and like it wants to go. It was up 19 cents, or 3%, to 7.04, on 1.7 million shares traded. I think it’s 4 waves up, and the fifth wave could very well get this to extend to 9, 101/2, and as much as 13, 14.
Boingo Wireless Inc (NASDAQ:WIFI) went well and had an engulfing day on Wednesday, popping 30 cents, or 2%, to 14.63, on 216,653 shares traded. I like the over structure and pattern of this stock. It looks like it’s headed for 16 1/2-17.
Stocks on the long side included Achaogen, Inc., Akebia Therapeutics Inc. (NASDAQ:AKBA), Akari Therapeutics PLC (NASDAQ:AKTX), Aurinia Pharmaceuticals Inc (NASDAQ:AUPH), Axovant Sciences Ltd (NYSE:AXON), BioTelemetry Inc (NASDAQ:BEAT), Century Aluminum Company (NASDAQ:CENX), Conatus Pharmaceuticals Inc (NASDAQ:CNAT), Conns Inc (NASDAQ:CONN), Cytokinetics Inc (NASDAQ:CYTK), iRobot Corporation (NASDAQ:IRBT), Juniper Networks, Inc. (NYSE:JNPR), Kite Pharma (NASDAQ:KITE), Kopin Corporation, Lumber Liquidators Holdings Inc (NYSE:LL), Medidata Solutions Inc (NASDAQ:MDSO), Melco Resorts & Entertainment Ltd (NASDAQ:MLCO), Sequans Communications SA (NYSE:SQNS), Stratasys Ltd (NASDAQ:SSYS), ViewRay, Inc., Boingo Wireless, Inc., and Wynn Resorts Limited (NASDAQ:WYNN).