It was a mixed market on Monday. We’re going to go over longs and shorts here and see just what’s going on.
Amicus Therapeutics Inc (NASDAQ:FOLD) had a good day on Monday, popping out of a wedge, up 99 cents, or 17.4%, on 5.9 million shares. That’s very good volume for this stock. If it follows through on Tuesday, I’m looking for it to take out the 7 1/2 area, 8 dollars, and then 9 dollars as my targets.
GoPro Inc (NASDAQ:GPRO) had a great day on Monday, up 2.35, or 3%, on 8.7 million shares. After the run up and pullback, it had a breakaway gap but couldn’t get through resistance, only an inverse head-and-shoulders. If it can get this up through 87 1/2. That’s my short-term target.
Qihoo 360 Technology Co Ltd (NYSE:QIHU), one of our Boxer Swing Shorts, It my target, bounced, and forming a bear wedge. It already made two legs down. The third leg could be devastating, getting all the way down towards 50.
Waddell & Reed Financial Inc (NYSE:WDR) continues as a short. It did very well for us by rolling over hard and forming another bear wedge. It may very well test the lows again at 43.
Other on Harry’ Charts of the Day are Bristol-Myers Squibb Company (BMY), Celldex Therapeutics Inc (NASDAQ:CLDX) , Esperion Th (NASDAQ:ESPR, NewLink Genetics Corporation (NASDAQ:NLNK), Planar Systems Inc (NASDAQ:PLNR), Trulia Inc (NYSE:TRLA), VelocityShares 3x Long Natural Gas VelocityShares 3X Long Natural Gas (NYSE:UGAZ) (UGAZ), and Viggle (NASDAQ:VGGL).
Stocks on the short side include Core Laboratories (NYSE:CLB), Emerge Energy Services LP (EMES), Hi Crush Partners LP (NYSE:HCLP), Nu Skin Enterprises Inc (NYSE:NUS), Qihoo 360 Technology Co. Ltd. (QIHU), Waddell & Reed Financial Inc (NYSE:WDR), and Yelp Inc (NYSE:YELP).