California Resources Corp (NYSE:CRC) continues to move up, gaining another 2.53, or 5.66%, to 47.20, on 2 million shares on Monday. This stock has gone from the 6.50 range to 47.00, 8-fold in about a year’s time. Even in March when this stock was trading under 13.00, it tripled. On Monday, it popped out of the consolidation, formed a little coil, and may very well extend to 50-51, which is the target.
Turtle Beach Corp (NASDAQ:HEAR) popped 1.61, or 7.35%, to 23.52, on 2 million shares on Monday. That’s the heaviest volume in a couple weeks. It looks like it’s ready to make a run at 21.25, and if it gets through that, it will take a shot all the way up to the high 20’s in the 29 range.
Teladoc Inc (NYSE:TDOC) jumped 1.80, or 2.84%, or 65.15, on 1.5 million shares on Monday. It’s ramping up and has been for years. It has gone from the low teens to the mid 60’s, a 4-fold increase. The top of the channel says that if this continues it could accelerate into the 80-dollar range.
Verastem Inc (NASDAQ:VSTM) gained 37 cents, or 5.39%, to 7.23, on 2 million shares. It's coming out of a wedge after testing the moving average and trendline. It’s now targeting 8-8 1/4, and then all the way up to 9.00. If it gets through 9.00, look for 11 3/4.
Stocks on the long side included Amyris, Inc. (AMRS), Bovie Medical Corporation (BVX), Cara Therapeutics, Inc. (CARA), California Resources Corporation (CRC), Criteo S.A. (CRTO), Depomed, Inc. (DEPO), Endo International plc (ENDP), Enphase Energy, Inc. (ENPH), Turtle Beach Corporation (HEAR), HUYA Inc. (HUYA), iQIYI, Inc. (IQ), KEMET Corporation (KEM), SemiLEDs Corporation (LEDS), OptiNose, Inc. (OPTN), Rosetta Stone Inc. (RST), Syntel, Inc. (SYNT), Teladoc, Inc. (TDOC), TechTarget, Inc. (TTGT), Vishay Intertechnology, Inc. (VSH), Verastem, Inc. (VSTM), and W&T Offshore, Inc. (WTI).