Abercrombie & Fitch Company (NYSE:ANF) is a stock I loved when I saw this inverse head and shoulder break out. I gave it to you in the high teens, it has moved into reaching almost 30 on Tuesday, up 2.54, or 9%, to 29.26, on 4.7 million shares. You can see that this pop breaks it out over this entire 3-month trading range and probably sets it up for a move to at least 33, and then were looking at 40-42 down the road, but that could be the beginning of a nice swing here.
3D Systems Corporation (NYSE:DDD) after pulling back from the resistance on the top of the channel it’s been wedging, and it may need some more days of doing that. But I wanted to show you that the reversal on Tuesday, up 1.08, or 6%, to 19.00, on 3.7 million shares, may lead to something further. However, it’s got to get above 20 with energy to get to the 22 1/2-23 1/2 zone.
Tillys Inc (NYSE:TLYS) broke out a couple days ago. Tuesday, it’s extended, up 51 cents, or 3%, to 17.56, on 265,903 shares. I think the stock is headed to 19. Beyond that, I’m looking for the stock to make it up to 22 1/2, in that range.
Viking Therapeutics Inc (NASDAQ:VKTX) may be on the verge of a breakout on the coil we’ve been talking about. Didn’t quite make it on Tuesday, it didn’t get quite enough volume, but I can tell you right now, that is a very bullish coil. It’s up 44 cents, or 4%, to 10.69, or 2.1 million shares. Watch for this one to take out 10 3/4, and then 11 3/4 is where this starts to take off. Targets 13, 16, and 19. Beautiful coil and a mess of 1,2,3,4. The 5th wave could go ballistic.
Stocks on the long side included Abercrombie & Fitch Co. (ANF), ArQule, Inc. (ARQL), Cardtronics plc (CATM), 3D Systems Corporation (DDD), Endo International plc (ENDP), The Habit Restaurants, Inc. (HABT), Health Insurance Innovations, Inc. (HIIQ), Idera Pharmaceuticals, Inc. (IDRA), Macy’s, Inc. (M), Natural Grocers by Vitamin Cottage, Inc. (NGVC), Square, Inc. (NYSE:SQ), STAAR Surgical Company (STAA), Teladoc Health, Inc. (TDOC), Tilly’s, Inc. (TLYS), Tandem Diabetes Care, Inc. (TNDM), Tapestry, Inc. (TPR), The Trade Desk, Inc. (TTD), Viking Therapeutics, Inc. (VKTX), and Yext, Inc. (YEXT).