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6 Stocks That Could Shoot Higher

By Harry BoxerStock MarketsJul 01, 2020 03:45AM ET
www.investing.com/analysis/akba-blnk-codx-pola-tndm-wkhs--stock-charts-to-watch-200529361
6 Stocks That Could Shoot Higher
By Harry Boxer   |  Jul 01, 2020 03:45AM ET
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1. Akebia Therapeutics

Akebia Therapeautics (NASDAQ:AKBA) actually broke out on Tuesday from a 2-month consolidation, popping 88 cents, or 7%, closing at the session high of the day at 13.58, on 2.3 million shares traded. This was not significant in terms of volume, but it is significant in terms of price. The highest level reached on AKBA was back in 2018. There might be an extension coming up, and I’m looking for a move to about 15-16, and then 18, or better, may be had next.

2. Blink Charging

Blink Charging (NASDAQ:BLNK) has been exploding for three days, and Tuesday made the fourth day with a move up of 1.67, or 42%, to 5.68, with a multi-week and session high of 6.74, on an insane 66 million shares traded. This stock has gone from 2 1/2 to 6 3/4, nearly tripling, in those four days. It was a breakaway move indeed, with big volume on the upside. At some point, I think we may see a follow-through to 8-8 1/4, and if it gets crazy, maybe a move to 12-13. We’ll have to see about that, though.

3. Co-Diagnostics

Co-Diagnostics (NASDAQ:CODX) popped late in the day on Tuesday, up 1.91, or 11%, to 19.35, with a midday session high of 19.85, on 5.2 million shares traded. That’s not quite significant volume yet. It will be, in my opinion, if it gets across resistance. It perfectly designates resistance for the last seven weeks. 19 1/2 and it may get there as early as Wednesday. You can see a spike that takes it into the mid to high 20’s.

4. Polar Power

Polar Power Inc (NASDAQ:POLA) had a monster move on Tuesday, exploding 3.59, or 262%, closing at the session high of the day at 4.96, on 145 million shares traded, closing at the upper end of the range. It moved up even higher in after-hours before pulling back. Let’s see if it gets some follow-through. There’s heavy resistance, but if it does get an extension, I’m targeting 6-6 1/4.

5. Tandem Diabetes Care

Tandem Diabetes Care (NASDAQ:TNDM) jumped 11.11, or 13%, to 98.92, with a multi-week and session high of 99.32, on 3.2 million shares traded. It had four tops that were broken on Tuesday with a thrust, closing at the upper end of the range. This one looks to me like a mid-range target at 110 and upper range at 130.

6. Workhorse Group

Workhorse Group (NASDAQ:WKHS) just keeps on going and going and going. What a monster. Up nine days in a row, and 12 out of 13 days. On Tuesday, it ran another 2.88, or 20%, to 17.39, with a multi-week and session high of 20.00, on a monstrous 165 million shares traded. It looks like a blow-off to me, so don’t be surprised if it’s down on Wednesday, and if it pulls back at some point, it might be to the 11-12 zone. If it does get any kind of follow-through and takes out 20, it might spike into the low to mid 20’s and blow off there.

On The Long Side

Akebia Therapeutics, Inc. (AKBA), Bloom Energy Corporation (NYSE:BE), Blink Charging Co. (BLNK), Catasys, Inc. (NASDAQ:CATS), Celldex (NASDAQ:CLDX) Therapeutics, Inc. (CLDX), Co-Diagnostics, Inc. (CODX), Crocs, Inc. (NASDAQ:CROX), Forterra, Inc. (NASDAQ:FRTA), GenMark Diagnostics, Inc. (NASDAQ:GNMK), Himax Technologies, Inc. (NASDAQ:HIMX), Kingsoft Cloud Holdings Limited (KC), Landcadia Holdings II, Inc. (LCA), Everspin Technologies, Inc. (NASDAQ:MRAM), NIO Inc. (NIO), NantKwest, Inc. (NASDAQ:NK), Invitae Corporation (NYSE:NVTA), OPKO Health, Inc. (OPK), Pan American Silver Corp. (PAAS), Polar Power, Inc. (POLA), Tandem Diabetes Care, Inc. (TNDM), Tesla, Inc. (NASDAQ:TSLA), Meridian Bioscience, Inc. (NASDAQ:VIVO), Vaxart, Inc. (NASDAQ:VXRT), Workhorse Group Inc. (WKHS), Wrap Technologies, Inc. (NASDAQ:WRTC), and Zynex, Inc. (NASDAQ:ZYXI).

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6 Stocks That Could Shoot Higher
 

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6 Stocks That Could Shoot Higher

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Comments (4)
Abdul Basheer
Abdul Basheer Jul 01, 2020 11:56AM ET
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Harry boxer moat of the ur stock are very accrate . Thanks sir
Dawson Wright
Dawson Wright Jul 01, 2020 10:09AM ET
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Literally every single one of these are plummeting lol
Ja He
Ja He Jul 01, 2020 10:09AM ET
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Trying to pump and dump. Dont fall for their tricks people.
Brando Barber
Brando Barber Jul 01, 2020 9:42AM ET
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Only read two of your articles, but very good insight...thanks @Harry Boxer
Delonte Crosby
Delonte Crosby Jul 01, 2020 3:47AM ET
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Look at fastly.
 
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