ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD), one of our swings, came down hard to support and bounced on Thursday, jumping 2.03, or 10 1/2%, to 21.27, on 2.1 million shares. That was a major bounce off the low. You have to stop it now under 19. 191/4 is support. If you can get this through 23 1/2, we’re looking at 26, and 27 1/2.
ENDRA Life Sciences Inc. (NASDAQ:NDRA) has a very interesting chart. It has big volume on the upside, and then a pullback because the volume lowered. On Thursday, it bounced 48 cents, or 12%, to 4.36, with a volume increase to 925,958 shares traded. Technicals are also increasing and looking better. Since Jan, it formed a base, broke out, and pulled back in a falling wedge. Targets are 6, and then 8.
Twitter, Inc. (NYSE:TWTR)) had a good day on Thursday. It popped out of a falling wedge in a breakaway gap above the 50, eking out 4.26, or 15%, to 31.80, on 79 million shares. For me, that’s a significant day. If it can hold 30 1/4, and come on again, we could see 36.15, which is the target.
TAL Education Group (NYSE:TAL) in China broke back out and closed at the 50, jumping 3.24, or 14%, to 25.98, on 15 million shares on Thursday. If it makes it through here, a major breakout above 27 1/4 will get it to 35.
Stocks on the long side included ACADIA Pharmaceuticals Inc. (ACAD), ENDRA Life Sciences Inc. (NDRA), AudioCodes Ltd. (AUDC), Zix Corporation (ZIXI), Amarin Corporation plc (NASDAQ:AMRN), FTI Consulting, Inc. (NYSE:FCN), Twitter, Inc. (TWTR), Fate Therapeutics, Inc. (NASDAQ:FATE), Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC), TAL Education Group (TAL), and trivago N.V. (NASDAQ:TRVG).
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