Array BioPharma Inc (NASDAQ:ARRY) had a nice move and nice follow-through on a lousy day, up 37 cents, or 3.4%, to 11.24, 8.2 million shares traded on Tuesday. Good volume. Closed at the upper end of the range. Going forward the targets are 12 1/2, maybe even 14.
Kopin Corporation (NASDAQ:KOPN) is looking great. It more than doubled since I gave it to you in Oct. It had a 5-wave move up, flagged, and on Tuesday it broke out again, up 21 cents, or 6%, to 3.74, on 617,862 shares traded. The volume picked up. If it can get through resistance, it could be a 4.50 stock.
Magellan Petroleum Corporation (NASDAQ:MPET) sure is rocking. It exploded on Tuesday for 2.54, or 19%, to 15.93, on a solid 514,423 shares traded. The best volume in three weeks. It may very well explode up to the 18-20 zone short-term.
Shopify Inc (NYSE:SHOP) is still doing great. After it popped and broke out it’s been trending for two weeks. On Tuesday it was up another 1.42, or 3%, to 49.52, on 1.3 million shares traded. It looks like it could go higher to at least 51-52. The short-term target is 55, and then 65.
Stocks on the long side included Applied Optoelectronics Inc (NASDAQ:AAOI), Aphria Inc (V:APH), Array BioPharma Inc., Avon Products Inc. (NYSE:AVP), Cannabis Sativa Inc (OTC:CBDS), Cemtrex Inc (NASDAQ:CETX), Carbo Ceramics Inc (NYSE:CRR), Forward Pharma (NASDAQ:FWP), Direxion Daily Jr Gld Mnrs Bull 3X ETF (NYSE:JNUG), Direxion Daily Gold Miners Bull 3X ETF (NYSE:NUGT), Kopin Corporation, Manitex International Inc (NASDAQ:MNTX), Magellan Petroleum Corporation, Noble Energy Inc (NYSE:NBL), Resolute Energy Corp (NYSE:REN), Shopify Inc., and Sanchez Energy Corporation (NYSE:SN).