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6 Impressive Stocks To Watch Now

Published 06/23/2020, 12:12 AM
Updated 07/09/2023, 06:31 AM

1. Altimmune

Altimmune (NASDAQ:ALT) popped, exploded in May, going from about 2.90 all the way up to 10, and change, quadrupling, pulled back to the Fibonacci retracement, formed a little falling wedge, and then on Monday, it popped with a breakaway gap, gaining 78 cents, or 10 1/2%, to 8.18, after reaching a high of 8.45, on 3 million shares. It might be the beginning of a move of 9 3/4 and 10 3/4 short term, and then maybe 13. Pay attention to this one.

2. Dyadic International

Dyadic International (NASDAQ:DYAI) broke out of a wedge on Monday, and jumped 1.21, or 13.4%, to 10.26, 658,565 shares traded. I like this one, too. It should be a swing. In after-hours, it was trading solid. I think we’re going to see some follow-through to the 13-14 zone.

3. Ideanomics

Ideanomics (NASDAQ:IDEX) made a powerhouse move on Monday, exploding 1.07, or 48.2%, to 3.29, with a session high of 3.98, on 362.9 million shares traded, and then another 22 cents in after-hours. It had a strong 3-day pop and a 4-day coil, another pop, and now the fourth day of that pop. That was heavy volume for this stock. I don’t know if it can stand anymore volume, but it is coming up to a resistance zone. It might get up to 6-7 before it’s done.

4. NantKwest

NantKwest (NASDAQ:NK) on Monday exploded 2.29, or 26%, to 11.13, with a session high of 13.10, on 14 million shares, and 27 cents in after-hours. My first target and pullback are 11.13.

5. Overstock.com

Overstock.com (NASDAQ:OSTK) continues to impress as it climbed 2.67, or 10.8%, to 27.38, going from 2.69 to Monday’s session high of 27.53, on 4 million shares, and 76 cents in after-hours. There’s some resistance around 28. We’ll see what it does. Going forward I’m looking for 30 and 35.

6. Workhorse Group

Workhorse Group (NASDAQ:WKHS) on Monday jumped 1.04, or 21%, to 5.92, with a session high of 6.10 past my 6.00 target, on 19.3 million shares, and an additional 13 cents in after-hours. But it is due for a pullback and it’s at a 3-year high. An extension could take it to 8 1/2-9.

Stocks on the Long Side

Altimmune, Inc. (ALT), Digital Turbine, Inc. (NASDAQ:APPS), Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR), AngloGold Ashanti Limited (AU), Compugen Ltd. (NASDAQ:CGEN), CytoDyn Inc. (OTC:CYDY), Dyadic International, Inc. (DYAI), Five Prime Therapeutics, Inc. (NASDAQ:FPRX), Ideanomics, Inc. (IDEX (NYSE:IEX)), Inovio Pharmaceuticals, Inc. (NASDAQ:INO), Livongo Health, Inc. (NASDAQ:LVGO), Everspin Technologies, Inc. (NASDAQ:MRAM), Mersana Therapeutics, Inc. (NASDAQ:MRSN), Neonode Inc. (NEON), NantKwest, Inc. (NK), Nikola Corporation (NKLA), Overstock.com, Inc. (OSTK), Pan American Silver Corp. (PAAS), Precigen, Inc. (NASDAQ:PGEN), Synchronoss Technologies, Inc. (NASDAQ:SNCR), Sonos, Inc. (NASDAQ:SONO), Virgin Galactic Holdings, Inc. (NYSE:SPCE), Trillium Therapeutics Inc. (NASDAQ:TRIL), Upwork Inc. (NASDAQ:UPWK), 21Vianet Group, Inc. (NASDAQ:VNET), and Workhorse Group Inc. (WKHS).

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Latest comments

Thanks for INO (06/16) sold today 47% gain
hope IDEX goes up again
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