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5 Stocks To Watch: AXSM, EVER, I, MAXR, RIOT

Published 05/14/2019, 12:56 AM
Updated 07/09/2023, 06:31 AM

Axsome Therapeutics, Inc. (AXSM)

Axsome Therapeutics Inc (NASDAQ:AXSM) swing is flying. It popped in March, pulled back, we gave you a buy, and this stock has gone from 7 to 22. On Monday, it was up 62 cents, or 3%, to 21.67, on 1.1 million shares and closed just pennies, two cents to be exact, off Monday’s high at 21.69. This stock has gone from under 1.94 in Dec to 21.69. It looks great. I’m looking for 24-25 going forward.

EverQuote, Inc. (EVER)

EverQuote Inc Class A (NASDAQ:EVER) is looking good. It was up 46 cents, or 4.3%, to 11.16, on 251,598 shares traded. I love the inverted head-and-shoulder, breakaway gap, flag, a pop to the gap, unable to get through the gap for a month, it finally did, came back down, and now has a complete gap-fill. If it does push forward, I’m looking for a run at the 13 1/2 range, and then 15 3/4. Those are my targets.

Intelsat S.A. (I)

Intelsat Sa (NYSE:I) is a phenomenal stock this year. It ran from 2, and change, all the way up to 40, made a 3-wave corrective pullback, and run-up. It looks like it had a breakout on Monday, adding an engulfing bar, and popping 72 cents, or 3.4%, to 21.87, on 5 million shares. My next targets are 26, followed by the double-top at 30. There will be a swing trade going forward on this stock.

Maxar Technologies Inc. (MAXR)

Maxar Technologies Inc (TO:MAXR) definitely has a pattern that I love. It has a long downtrend, taking it from 70, all the way down to 3, and change came right back up to resistance on Monday, jumping 40 cents, or 5.82%, to 7.27, on a solid 3 million shares, reaching a high of 7.72. I think this is about to break out and make a run to 11 and 14. Those are the targets. It may need a swing and I’ll put one on it.

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Riot Blockchain, Inc. (RIOT)

Riot Blockchain Inc (NASDAQ:RIOT) had a nice recovery off the trendline two days in a row, but both days it did not close well. On Monday, it was up 41 cents, or 10%, to 4.45, on 6.2 million shares, with a high of 4.88. I think that if it can get above 5.05, I’m looking for 6, 6 3/4, and 8 going forward.

Stocks on the long side

Akoustis Technologies, Inc. (AKTS), Axsome Therapeutics, Inc. (AXSM), Catasys, Inc. (CATS), Carbon Black, Inc. (CBLK), EverQuote, Inc. (EVER), Bitcoin Investment Trust (GBTC), Intelsat S.A. (I), Kirkland Lake Gold Ltd. (KL), Direxion Daily S&P Biotech Bear 3X ETF (LABD), VelocityShares Daily 2x VIX ST ETN (TVIX), ProShares Ultra VIX Short-Term Futures (UVXY), Marathon Patent Group, Inc. (MARA), Maxar Technologies Inc. (MAXR), Riot Blockchain, Inc. (RIOT), Westport Fuel Systems Inc. (WPRT), and Zynerba Pharmaceuticals, Inc. (ZYNE).

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Latest comments

Great call on MAXR, made a big move on it today! Thanks for your read, I appreciate it $$
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