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4 Stocks To Watch: APOP, MARK, OSTK, VKTX

Published 01/05/2018, 12:53 AM
Updated 07/09/2023, 06:31 AM

Cellect Biotechnology Ltd. (NASDAQ:APOP) exploded on some really big news, jumping 2.69, or 38%, to 9.81, on 3.8 million shares traded on Thursday. The last time it exploded was last Jan, then Feb, Mar, Aug, Oct, and now. Every time it exploded, it pulled back, and it might very well do that again. It had a terrible close, and I don’t know where to put a stop on it. I’m going to look at 8.75-9 as a very important support level. If it manages to back and fill, and move back up again, my targets will be 13 1/2, and then 17. Those are possibilities in my opinion, and what I will be looking for going forward.

Remark Holdings, Inc. (NASDAQ:MARK) ran 47 cents, or 4.47%, to 10.98, on 2.4 million shares traded on Thursday, and didn’t close great, but had an up-day for the third day in a row. It ran up to the ascending topsline and backed off. I still think it’s going to form a rising wedge that’s going to explode to the upside, and hit the 15 and 19-20 range. Keep and eye on this one.

Overstock.com, Inc. (NASDAQ:OSTK) did well despite the fact that most formulated and related stocks did not do well on Thursday. It ran 6.25, or 8.78%, to 77.80, with a high of 78.32, on 7.4 million shares traded. That’s the best volume on an up-day in two or three weeks. It’s breaking out of the wedge. Now I’m looking for a test, and to take out 82.70 on Friday, and then 95.

Viking Therapeutics, Inc. (NASDAQ:VKTX) is doing great and I’m really liking the way it is acting coming out of a flag. It was up 17 cents, or 3.52%, to 5.00, on 1.1 million shares traded. Next, I’m looking for it to get up to the 5-5.20 range, and then my targets are 6, and 7 going forward.

On the long side, stocks included Cellect Biotechnology Ltd. (NASDAQ:APOP), Audentes Therapeutics, Inc. (NASDAQ:BOLD), Cheetah Mobile Inc. (NYSE:CMCM), California Resources Corporation (NYSE:CRC), CARBO Ceramics Inc. (NYSE:CRR), Emerge Energy Services (NYSE:EMES), U.S. Silica Holdings, Inc. (NYSE:SLCA), Extreme Networks, Inc. (NASDAQ:EXTR), Fate Therapeutics, Inc. (NASDAQ:FATE), Fiat Chrysler Automobiles N.V. (NYSE:FCAU), Intra-Cellular Therapies, Inc. (NASDAQ:ITCI), Kirkland Lake Gold Ltd. (TO:KL), Kopin Corporation (NASDAQ:KOPN), Remark Holdings, Inc. (MARK), NewLink Genetics Corporation (NASDAQ:NLNK), Overstock.com, Inc. (OSTK), Viking Therapeutics, Inc. (NASDAQ:VKTX), W&T Offshore Inc. (NYSE:WTI), Xunlei Limited (NASDAQ:XNET), and Zumiez, Inc. (NASDAQ:ZUMZ).

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