AXT Inc (NASDAQ:AXTI) put out a new swing trade on Wednesday, and it was up 60 cents, or 7%, to 9.10, on 945,396 shares traded. That’s the best volume in a couple months. The swing that was put on it in December worked out well. I’m putting this new one out because I believe we’re going to 12, 16, and eventually 20.
Cohu Inc (NASDAQ:COHU) broke out of a wedge on Wednesday, and popped 1.12, or 5%, to 23.15, on 437,855 shares traded. The volume has picked up. It looks like it may be headed to higher levels. I have a target in the high 20’s, maybe 28 or 29.
Diodes Incorporated (NASDAQ:DIOD), a new swing trade of ours, broke out of a wedge on Wednesday, gaining 1.32, or 4.68%, to 29.52, on 442,658 shares traded. It acts like it wants to go higher. The targets are 31, and then in the 33-34 zone.
Sientra Inc (NASDAQ:SIEN) jumped 65 cents, or 4.34%, to 15.64, on 186,068 shares traded on Wednesday. After a run to the channel, it pulled back, held support, and then popped. It looks to me like it’s headed up to 18, 19, and then maybe 21.
On the long side, stocks included Akebia Ther (NASDAQ:AKBA), Array BioPharma Inc (NASDAQ:ARRY), AXT Inc. (AXTI), Clovis Oncology Inc (NASDAQ:CLVS), Cohu, Inc. (COHU), Diodes Incorporated (DIOD), Halozyme Therapeutics Inc (NASDAQ:HALO), ImmunoGen, Inc. (IMGN), Lumentum Holdings Inc. (LITE), Marinus Pharmaceuticals Inc (NASDAQ:MRNS), Micron Technology, Inc. (NASDAQ:MU), Nova (NASDAQ:NVMI), OraSure Technologies, Inc. (OSUR), Pure Storage, Inc. (PSTG), Regenxbio Inc (NASDAQ:RGNX), SolarEdge Technologies, Inc. (SEDG), Sangamo Therapeutics, Inc. (SGMO), Sientra Inc (NASDAQ:SIEN), Spectrum Pharmaceuticals, Inc. (SPPI), Sarepta Therapeutics Inc (NASDAQ:SRPT), Ultra Clean Holdings, Inc. (UCTT), Vericel Corporation (VCEL), and Boingo Wireless, Inc. (WIFI),