Breaking News
Investing Pro 0
Last Call for Cyber Monday! Save Now on Claim 60% OFF

6 Stocks With More Room To Run

By Harry BoxerStock MarketsJun 24, 2020 02:42AM ET
www.investing.com/analysis/apt-codx-dvax-nvax-vnet-wkhs--stock-charts-to-watch-200528651
6 Stocks With More Room To Run
By Harry Boxer   |  Jun 24, 2020 02:42AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
 
WKHS
+5.38%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
PTON
+9.89%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
WRAP
+6.47%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
TBIO_...
0.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
CODX
+9.32%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
MYOV
0.00%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

1. Alpha Pro Tech

Alpha Pro Tech (NYSE:APT) jumped 1.87, or 12%, to 17.48, on 10.8 million shares traded on Tuesday. This stock took off and has been running up the channel for about three weeks now, going from the 9.05 triple-bottom to test the highs up around 18 3/4. With Tuesday’s high at 18.20, it’s almost ready to blow out here to targets at 21-21 1/2 and 27-28.

2. Co-Diagnostics

Co-Diagnostics (NASDAQ:CODX) popped on Tuesday, reversed from 16.17 to 18.88, ramping up 2.21, or 13.4%, closing at the upper end of the range at 18.70, on a solid 5.8 million shares traded. Watch on Wednesday for it to take out 19.85. If it can do that, it may run into the 22-23 zone.

3. Dynavax

Dynavax Technologies (NASDAQ:DVAX) popped out of a two-day consolidation and moved up 69 cents, or 10.4%, to 7.34, after reaching a session high 10 cents higher at 7.44, on 6.5 million shares traded, and another 16 cents to 7.50 in after-hours. Now, I’m looking for a spike high at the 8-10-12 level to lead it up to 9-10 plus if momentum carries it forward.

4. Novavax

Novavax (NASDAQ:NVAX) certainly is ramping up. It has been in a nice rising channel 8 days in a row, and on Tuesday, it jumped 3.71, or 5.6%, to 69.66, to new all-time and session highs at 69.98, on 6.1 million shares traded. It popped another 1.94 to 71.60 in after-hours. This is one of the best-looking charts around. I would not be shocked if, eventually, this is 100-dollar stock.

5. 21Vianet Group

21Vianet Group (NASDAQ:VNET) has an explosive look, went through a quadruple top, and kept going, exploding 2.23, or 10.4%, to 23.75, with a session high of 24.58, on 5.4 million shares traded, and another 74 cents in after-hours. It may be long in the tooth, and I would probably wait on this one, since it looks like it reached the top of the parallel channel. It may need a consolidation, but eventually, you could see mid-to-high 20’s.

6. Workhorse Group

Workhorse Group (NASDAQ:WKHS) made another explosive, blow-off type pattern, and looks like it formed an exhaustion gap on Tuesday. It popped 1.03, or 17.4%, to 6.95, with a run from 2.45 to a high of 7.48, on 26.4 million shares traded, and an additional 24 cents in after-hours. That was huge volume for this stock. An explosive move across key resistance might get a little additional momentum. The next target will be 8 1/2.

Stocks on the Long Side

Alpha Pro Tech, Ltd. (APT), Ballard Power Systems Inc. (NASDAQ:BLDP), Co-Diagnostics, Inc. (CODX), CytoDyn Inc. (OTC:CYDY), Daqo New Energy Corp. (NYSE:DQ), Dynavax Technologies Corporation (DVAX), First Solar, Inc. (NASDAQ:FSLR), Hepion Pharmaceuticals, Inc. (NASDAQ:HEPA), Inovio Pharmaceuticals, Inc. (NASDAQ:INO), Kadmon Holdings, Inc. (NYSE:KDMN), Limelight Networks, Inc. (NASDAQ:LLNW), Myovant Sciences Ltd. (NYSE:MYOV), Nikola Corporation (NKLA), Neoleukin Therapeutics, Inc. (NASDAQ:NLTX), Novavax, Inc. (NVAX), Invitae Corporation (NYSE:NVTA), Plug Power Inc. (NASDAQ:PLUG), Peloton Interactive, Inc. (NASDAQ:PTON), Origin Agritech Limited (SEED), Translate Bio, Inc. (NASDAQ:TBIO), Urban One, Inc. (UONE), 21Vianet Group, Inc. (VNET), Workhorse Group Inc. (WKHS), and Wrap Technologies, Inc. (NASDAQ:WRTC).

Watch video here...

6 Stocks With More Room To Run
 

Related Articles

6 Stocks With More Room To Run

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Delonte Crosby
Delonte Crosby Jun 24, 2020 2:52AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
What's your thoughts on fastly?
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email