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Some Great Longs To Consider: DIS, ESPR, MANH, SNE

By Harry BoxerETFsFeb 04, 2015 11:45PM ET
www.investing.com/analysis/dis,-espr,-manh,-sne-240890
Some Great Longs To Consider: DIS, ESPR, MANH, SNE
By Harry Boxer   |  Feb 04, 2015 11:45PM ET
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DIS
+0.31%
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CTSH
-0.52%
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SONY
+2.56%
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FLWS
-1.44%
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GENE
+9.30%
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MANH
+1.35%
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It was a great market on Wednesday, and there were new rally highs until the last half hour when it dove straight down, taking out a couple layers of support. It was not a pretty close. But before we start looking at stocks to the downside, let’s see if there’s a downside follow-through. Until things are more clear we’ll continue going over the longs.

Walt Disney (NYSE:DIS) had a big day on earnings on Wednesday. It broke out, and ran up to new all-time highs. The major move for this stock, starting back in 2012 around the low 40’s, reached over 100 on Wednesday to 101.28. The target is 113.00.

Esperion Therapeutics, (NASDAQ:ESPR) is doing fabulous. It had an inside day yesterday, but a big up day, up 3.23 , to 55.01, or 6 1/4%, on nearly 600,000 shares traded, closing not too far off the high for the day. I’m looking for more. The next target is 60.00.

Manhattan Associates, (NASDAQ:MANH), which we traded on Wednesday, did very well. It broke through the recent highs and hit the top of the channel. I’m watching to see if it blows through there. The next target is 56-57.

Sony (NYSE:SNE) had a major breakout on Wednesday, up 2.65 to 25.95, or 11%. The major declining topsline that goes all the way back to 2008 was taken out. The daily chart shows a double-top was taken out with a thrust on 9.2 million shares, which is big for Sony. It had a breakaway gap and a nice close. I wouldn’t be shocked to see, on an intermediate basis, this stock make it all the way back up to 40, but for now, my target is 28-29.

Other stocks on Harry’s Charts of the are Cognizant (NASDAQ:CTSH), 1-800-Flowers.com (NASDAQ:FLWS), Genetic Technologies Limited (NASDAQ:GENE), Manhattan Associates, (NASDAQ:MANH), MannKind (NASDAQ:MNKD), ETF Direxion Daily Gold Miners Bull 3X Shrs (NYSE:NUGT), Opko Health, (NYSE:OPK), Silicon Motion Technology (NASDAQ:SIMO), and ZELTIQ Aesthetics, (NASDAQ:ZLTQ).

Some Great Longs To Consider: DIS, ESPR, MANH, SNE
 

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Some Great Longs To Consider: DIS, ESPR, MANH, SNE

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