Appian Corp (NASDAQ:APPN), one of our swing trades that broke out of a base flag, is now breaking out again, popping 91 cents, or 2.7%, to 34.49, on 410,324 shares traded on Tuesday. It looks to me like a run to the 38-39 zone, followed by 43. It’s been up for nine days in a row, but it's not getting ahead of itself though.
Impinj Inc (NASDAQ:PI) had a big move on Tuesday, jumping 2.40, or 13%, to 20.48, on 1.22 million shares. I obviously put a swing on it when it popped and pulled back, it faded a little bit, popped for one day, pulled back for four days, and had another big pop on Tuesday. It needs a follow-through, and if it gets one, and it takes out 21-21.15, targets are 24 and 27.
Uniqure NV (NASDAQ:QURE) keeps going and had another pop and breakout on Tuesday, running up another 2.04, or 5.8%, to 37.10, on 330,492 shares traded. The tight little coil took it to new highs at 37.11, closing just a penny off the high. I would have to say the least this stock will see is the mid-40’s at some point.
USA Technologies Inc (NASDAQ:USAT) has been great since we had a swing on it in November. It hit targets one and two so far, and on Tuesday, after flagging, it looks like it’s starting to move again with a pop of 30 cents, or 2.2%, to 13.85, on 496,726 shares traded. Watch for a pop above 14, and then a move to 16 and 18.
Stocks on the long side included Appian Corporation (APPN), ArQule, Inc. (ARQL), Array BioPharma Inc. (ARRY), CareDx, Inc (CDNA), Cerus Corporation (CERS), Canopy Growth Corporation (CGC), Coherus BioSciences, Inc. (CHRS), 3D Systems Corporation (NYSE:DDD), Endologix, Inc. (ELGX), Evolus, Inc. (EOLS), EXACT Sciences Corporation (NASDAQ:EXAS), Fossil Group, Inc. (FOSL), Intelsat S.A. (I), Iridium Communications Inc. (IRDM), Macy's, Inc. (NYSE:M), MEI Pharma, Inc. (MEIP), Impinj, Inc. (PI), uniQure N.V. (QURE), Teladoc, Inc. (TDOC), Tilly's, Inc. (TLYS), Twitter, Inc. (TWTR), Unisys Corporation (UIS), USA Technologies, Inc. (USAT), Valeant Pharmaceuticals (NYSE:VRX) International, Inc. (VRX), and Weight Watchers International Inc (NYSE:WTW).
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