GasLog Ltd (NYSE:GLOG) has been up for six days in a row. It gained 35 cents, or 2%, to 16.66, on 646,087 shares traded on Wednesday, and looks like it wants to go to the mid-channel line to 181/2-19, and then 22-23. It has 9.4 days to cover .
Primo Water Corporation (NASDAQ:PRMW) has a beautiful chart. They broke out, stalled, backed off, tested the break out point, and reversed from 12.72 to 13.86, closing up 74 cents, or 5.69%, to 13.75, on 306,727 shares traded on Wednesday. It looks like this one is heading higher. Perhaps as high as 17 short-term.
Stocks on the Short Side….
Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is very weak and looks like it’s falling apart, down another 3.02, or 2.48%, to 118.75, on 1.2 million shares traded on Wednesday. It closed right below its prior lows. Look for it to run down to 110, maybe even 101-100.
Splunk Inc (NASDAQ:SPLK) looks poised to fall apart, down another 2.35, or 3.8%, to 57.38, on 2.3 million shares traded on Wednesday. It’s right on a precipitous of a platform that could quickly get it down to 51, and then 45.
Stocks on the long side included BIS, Direxion Daily S&P Biotech Bear 3X Shares (NYSE:LABD), General Cannabis Corp (OTC:CANN), Cohen Dev (TA:CDEV), GasLog Ltd. (GLOG), Direxion Daily Junior Gold Miners Bull 3X Shares (NYSE:JNUG), Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT), Primo Water Corporation (NASDAQ:PRMW), and VOXX International Corporation (NASDAQ:VOXX).
On the short side, stocks included Advance Auto Parts Inc (NYSE:AAP), Alexion Pharmaceuticals Inc (NASDAQ:ALXN), AMC Networks Inc (NASDAQ:AMCX), Cal-Maine Foods Inc (NASDAQ:CALM), DexCom, Inc. (DXCM), G-III Apparel Group Ltd (NASDAQ:GIII), Impax Laboratories Inc (NASDAQ:IPXL), Ligand Pharmaceuticals Incorporated (NASDAQ:LGND), Luxoft Holding (NYSE:LXFT), Michaels Co (NASDAQ:MIK), Rogers Corporation (NYSE:ROG), Red Robin Gourmet Burgers Inc (NASDAQ:RRGB), Splunk Inc (NASDAQ:SPLK), and WebMD Health Corp (NASDAQ:WBMD).