Conns Inc. (NASDAQ:CONN), which I gave you back in May, was up 1.25, or 4%, to 32.55, on 1 million shares traded on Wednesday, with a high of 32.90, and has been moving up steadily. You can see the new channel I’ve drawn on the chart. I think it’s headed to 35, 36, and then 40. It has almost 10 days to cover on this one.
Mazor Robotics Ltd. (NASDAQ:MZOR) is doing well and back up again. On Wednesday, it popped 1.24, or 2.31%, to 54.99, on 808,226 shares traded, reaching a high of 56.27. In afterhours it’s up another 1.20. It looks to me like it’s not done yet. I see a test of 59, and then the mid 60’s may be had. Eventually, I see the possibility for this stock to be in the high 60’s, even 70.
Stocks on the Short Side….
Capella Education Company (NASDAQ:CPLA) continuous to look ugly, and no matter what it does, it still remains in the down-channel and continues to rollover. On Wednesday, it was down another 1.25, or 1.85%, to 66.15, on 97,394 shares traded, reaching a low of 66.05. Based on the whole chart, going from 45 down to 23, it looks like the next target is 20.
Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY), which I gave you a swing short on, was down 89 cents, or 1.83%, to 47.74, on 742,371 shares traded, with a low of 47.49 on Wednesday. It rolled down. It’s at the trendline. It doesn’t look good, and to me, it looks like even lower is coming. This looks like a 40-dollar stock.
On the long side, stocks included Conns Inc. (CONN), DryShips, Inc. (NASDAQ:DRYS), GRUBHUB INC. (NYSE:GRUB), Kraton Corporation (NYSE:KRA), LINE Corporation (NYSE:LN), LightPath Technologies, Inc. (NASDAQ:LPTH), Mazor Robotics Ltd. (MZOR), Overstock.com, Inc. (NASDAQ:OSTK), Quotient Limited (NASDAQ:QTNT), Viking Therapeutics, Inc. (NASDAQ:VKTX), ViewRay, Inc. (NASDAQ:VRAY), and Xunlei Limited (NASDAQ:XNET).
Short stocks included Applied Optoelectronics, Inc. (NASDAQ:AAOI), Advance Auto Parts Inc. (NYSE:AAP), Cardtronics plc (NASDAQ:CATM), Capella Education Company (NASDAQ:CPLA), Dick's Sporting Goods, Inc. (NYSE:DKS), MakeMyTrip Limited (NASDAQ:MMYT), MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI), PCM, Inc. (NASDAQ:PCMI), Dave & Buster's Entertainment, Inc. (NASDAQ:PLAY), Tanger Factory Outlet Centers, Inc. (NYSE:SKT), Taubman Centers, Inc. (NYSE:TCO), and TrueCar, Inc. (NASDAQ:TRUE).