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4 Stocks To Watch: FOLD, KRO, SGMO, SIEN

Published 07/12/2017, 12:32 AM
Updated 07/09/2023, 06:31 AM

Amicus Therapeutics, Inc. (NASDAQ:FOLD), one of our swing trades, did phenomenal on Tuesday, popping 2.66, or 26%, to 12.92, on 24 million shares traded. My targets at 11 and 13 were both hit. A breakaway gap out of this entire base could be a sign that this stock is going higher. The next target is 15, and then 18. There’s 12.76 days to cover .

Kronos Worldwide, Inc. (NYSE:KRO), which we gave you a swing on Monday, ran up, and on Tuesday extended, running up to 20.64, and then closed up 88 cents, or 4.49%, to 20.47, on a million shares traded. That’s the biggest volume since early May when it popped. I’m looking for an extension to 23-4.

Sangamo Therapeutics, Inc. (NASDAQ:SGMO) may have broken out of a 2-week flag, and popped 55 cents, or 6.32%, to 9.25, on 1.25 million shares traded on Tuesday. If it extends, watch for a move through 9.65 to get up to 10 1/4, and 11 1/2-3/4. It has 7.11 days to cover .

Sientra, Inc. (NASDAQ:SIEN) is a stock that I have been following for a long time. I really liked it when it broke out of the inverse head-and-shoulder and ran up in Nov-Dec 2015, we had a swing on it, and it went nowhere for a year and a half. It formed a very big base. It broke out on Tuesday with energy on nearly a million shares traded. I put a swing on it early-on Tuesday, and it extended out to 10.84 before it closed up 1.18, or 12.4%, to 10.68. I'm planning on this heading up towards 14 in the next couple weeks. There’s 10 days to cover .

On the long side, stocks included Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), BeiGene, Ltd. (NASDAQ:BGNE), ChemoCentryx, Inc. (NASDAQ:CCXI), Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX), Amicus Therapeutics, Inc. (NASDAQ:FOLD), Halcón Resources Corporation (NYSE:HK), Kronos Worldwide, Inc. (NYSE:KRO), Mitek Systems, Inc. (NASDAQ:MITK), Nektar Therapeutics (NASDAQ:NKTR), NovoCure Limited (NASDAQ:NVCR), Sientra, Inc. (NASDAQ:SIEN), Sangamo Therapeutics, Inc. (NASDAQ:SGMO), Square, Inc. (NYSE:SQ), and Yirendai Ltd. (NYSE:YRD).

Stocks on the short side included AutoZone, Inc. (NYSE:AZO), Central Garden & Pet Company (NASDAQ:CENT), Glaukos Corporation (Glaukos Corp (NYSE:GKOS)), MYR Group Inc (NASDAQ:MYRG), Simon Property Group, Inc. (NYSE:SPG), Veritiv Corporation (NYSE:VRTV), and WAVE Life Sciences Ltd. (NASDAQ:WVE).

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