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4 Stocks To Watch: ARRS, FSLR, OSTK, RIOT

Published 11/21/2017, 12:34 AM
Updated 07/09/2023, 06:31 AM

ARRIS International (NASDAQ:ARRS) provides media entertainment and data communications solutions. I’ve always liked this company. The chart looks like a large, coiling base pattern that may be coming out. I think the wedge has been broken. You can see that it popped 52 cents, or 1.81%, to 29.19, on 1.45 million shares traded on Monday. More importantly, though, the volume is picking up on the upside. It looks to me like, if it comes through resistance, it’s going to run up to the 31 1/2, and the 33 zones, and eventually 37-8, which is my swing-trade target.

First Solar, Inc. (NASDAQ:FSLR) formed a beautiful, 2-week flag. It was up 88 cents, or 1.46%, to 61.06, on 1,34 million shares traded on Monday. I think it’s setting up a pop for 66 and 73. Swing trade is looking very good. Keep an eye on this stock going forward.

Overstock.com, Inc. (NASDAQ:OSTK) continues to act well. On Monday, it jumped 4.25, or 8%, to 56.65, on 3 million shares traded. It looks to me like it’s going to head to the 68 to 75 zone before it’s over.

Riot Blockchain, Inc. (NASDAQ:RIOT) has been an excellent day trade and swing trade. On Monday, I nailed the swing trade at 9.00, and change, and it closed up 2.22, or 27.3%, to 10.35, on 4.9 million shares traded, and has gone to nearly 11.00 in after hours. I like the look of it. The next targets are 14 and 15.

On the long side, stocks included Adamas Pharmaceuticals, Inc. (NASDAQ:ADMS), Abercrombie & Fitch Co. (NYSE:ANF), ARRIS International (NASDAQ:ARRS), AXT Inc. (NASDAQ:AXTI), Box, Inc. (NYSE:BOX), Collegium Pharmaceutical, Inc. (NASDAQ:COLL), Data I/O Corporation (NASDAQ:DAIO), Daqo New Energy Corp. (NYSE:DQ), First Solar, Inc. (NASDAQ:FSLR), Kronos Worldwide, Inc. (NYSE:KRO), Remark Holdings, Inc. (NASDAQ:MARK), Micron Technology, Inc. (NASDAQ:MU), Overstock.com, Inc. (NASDAQ:OSTK), QuinStreet, Inc. (NASDAQ:QNST), Ignyta, Inc. (NASDAQ:RXDX), SolarEdge Technologies, Inc. (NASDAQ:SEDG), Scientific Games Corporation (NASDAQ:SGMS), Social Reality, Inc. (NASDAQ:SRAX), Boingo Wireless, Inc. (NASDAQ:WIFI), Xunlei Limited (NASDAQ:XNET), and YY Inc. (NASDAQ:YY).

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Latest comments

Xunlei on the long side? Bravo - minus 100 percent. :-)
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