Collegium Pharmaceutical, Inc. (NASDAQ:COLL) had a follow-through on Wednesday, running all the way up to 15.85 from 9.25, before pulling back and closing up 98 cents, or 7%, to 15.14, on 1.22 million shares traded. This has been a big move with a breakout. I’m really looking forward to some backing and filling, and consolidation, because I think it’s going to 17, and then 20 1/2-21. It has 22.4 days to cover .
Juno Therapeutics, Inc. (NASDAQ:JUNO) is looking good. It had a major, explosive move at the beginning of this month, and then a week and a half long flag. It was up 2.54, or 5%, to 56.40, on 1.8 million shares traded on Wednesday, and looks like it’s going higher upwards to 70, and then 80.
Nektar Therapeutics (NASDAQ:NKTR) has been a fantastic swing trade. It popped out and went like a rocket ship from 25 1/2 to 43. On Wednesday it was up 3.51, or 9%, to 43.07, on nearly 4 million shares traded. It may run up a little further, but it’s long-in-the-tooth, at the top of the channel, and overbought. Near-term targets are 45, and then 48-50, before it pulls back. Secondary target is 58-9. There are 12.7 days to cover .
Nutanix, Inc. (NASDAQ:NTNX) has been backing and filling in a choppy manner in a rising channel for the last 5 weeks. On Wednesday, it jumped 81 cents, or 3%, to 29.11, on 2.2 million shares traded. I think it’s about to breakout. If it gets to 29 1/2, we should see 32, and then 34-5. Almost 5 days to cover .
On the long side, stocks included Abeona Therapeutics Inc. (NASDAQ:ABEO), Concert Pharmaceuticals, Inc. (NASDAQ:CNCE), Collegium Pharmaceutical, Inc. (COLL), Dicerna Pharmaceuticals, Inc. (NASDAQ:DRNA), Immunomedics, Inc. (NASDAQ:IMMU), Juno Therapeutics, Inc. (JUNO), Mirati Therapeutics, Inc. (NASDAQ:MRTX), Nektar Therapeutics (NASDAQ:NKTR), Nutanix, Inc. (NASDAQ:NTNX), The Children's Place, Inc. (NASDAQ:PLCE), Riot Blockchain, Inc. (NASDAQ:RIOT), Roku, Inc. (NASDAQ:ROKU), Sangamo Therapeutics, Inc. (NASDAQ:SGMO), Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI), Westport Fuel Systems Inc. (NASDAQ:WPRT), and YY Inc. (NASDAQ:YY).