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Stocks To Watch: ABEO, DVAX, PBYI, WIFI

Published 09/06/2017, 12:32 AM
Updated 07/09/2023, 06:31 AM

Abeona Therapeutics Inc (NASDAQ:ABEO) added a little bit of an extension to that wedge that we showed you that was forming over the weekend. Then, on Tuesday, it popped out,gaining 40 cents, or 2.9%, to 14.20, on 2.2 million shares traded, reaching a new high at 15.24, and then backed off. I think this stock has the guts to get to the 17-18 zone. It has 10.84 days to cover .

Dynavax Technologies Corporation (NASDAQ:DVAX) was only up 50 cents, or 2.8%, to 18.45, on 1.4 million shares traded on Tuesday, but I like the fact that it’s the highest close since the spike-up. That target was 19 1/2. I would look for that early on Wednesday, and it may get an extension to 22 and 24, which are the new targets. I think that's doable on DVAX.

Puma Biotechnology Inc (NASDAQ:PBYI) popped out of a little, 3-day flag, jumping 2.90, or 3%, to 96.85, on 818,160 shares traded. It has a strong close. The highest close we’ve had on the stock is 97.60, and it closed at 96.85 on Tuesday. There’s resistance up there, but I’m looking for this stock to make it to 110.00, maybe even higher.

Boingo Wireless Inc (NASDAQ:WIFI) was up 75 cents, or 3.66%, to 21.24, on 656,913 shares traded on Tuesday, and reached a new all-time high of over 21.00 to 21.28. I think before this move is over, we’ll see it run up to 24-5. That is the next target on WIFI.

On the long side, stocks included Abeona Therapeutics Inc. (ABEO), Akcea Therapeutics Inc (NASDAQ:AKCA), Dynavax Technologies Corporation (DVAX), Eldorado Resorts LLC (NASDAQ:ERI), Himax Technologies Inc (NASDAQ:HIMX), IAMGOLD Corporation (IAG (LON:ICAG)), Direxion Daily Junior Gold Miners Bull 3X Shares (NYSE:JNUG), Kirkland Lake Gold Ltd (NYSE:KL), Kopin Corporation (NASDAQ:KOPN), Lumber Liquidators Holdings Inc (NYSE:LL), Match Group, Inc. (NASDAQ:MTCH), Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT), Puma Biotechnology, Inc. (PBYI), Regenxbio Inc (NASDAQ:RGNX), Veritone Inc (NASDAQ:VERI), Boingo Wireless, Inc. (WIFI), XOMA Corp (NASDAQ:XOMA), and Zogenix Inc (NASDAQ:ZGNX).

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