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4 Stocks To Watch Right Now: HTGM, NKTR, PLAY, TTWO

Published 03/20/2018, 01:01 AM
Updated 07/09/2023, 06:31 AM

HTG Molecular Diagnostics Inc (NASDAQ:HTGM) broke out of a mini-pennant on Monday and popped 60 cents, or 12%, to 5.56, on 2.7 million shares on a pretty lousy day. If it gets across the spike high at 5.75, I’m looking at 6 1/2-3/4, 7 1/2, 8, and higher. This is a good-looking chart.

Nektar Therapeutics (NASDAQ:NKTR) popped a little bit on Friday on heavy volume, and again on Monday, jumping 2.01, or 2%, to 105.01, on 2.4 million shares on a lousy day. It looks to me like it may break out and run up into the 125-135 range.

Stocks on the Short Side….

Dave & Buster’s Entertainment (NASDAQ:PLAY) broke support at the declining topsline and fell below it, dropping another 84 cents, or 2%, to 43.17, on 1.6 million shares on Monday. The next target is 38, and then eventually 32.

Take-Two Interactive Software Inc (NASDAQ:TTWO) looks like a real top is in or might be, dropping 2.79, or 2.6%, to 104.50, on 5 million shares on Monday. Look at the heavy volume on the chart on the downside as it slipped below the neckline. Further damage is at 89, 84, and much further down than that potentially.

On the long side, stocks included Cronos Group Inc (NASDAQ:CRON), Canopy Growth Corporation (TWMJF), Geron Corporation (GERN), Heron Therapeutics, Inc. (HRTX), HTG Molecular Diagnostics, Inc. (HTGM), The KEYW Holding Corporation (NASDAQ:KEYW), Nektar Therapeutics (NKTR), Arcadia Biosciences, Inc. (RKDA), VelocityShares Daily 2x VIX ST ETN (TVIX), ProShares Ultra VIX Short-Term Futures (NYSE:UVXY), Xtant Medical Holdings, Inc. (XTNT), and Zion Oil & Gas Inc (NASDAQ:ZN).

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On the short side, stocks included Advanced Energy Industries Inc (NASDAQ:AEIS), Argan, Inc. (AGX), Colfax Corporation (CFX), DowDuPont Inc (NYSE:DWDP), Guess' Inc. (GES), iRobot Corporation (IRBT), Nutrisystem, Inc. (NTRI), Overstock.com, Inc. (NASDAQ:OSTK), Dave & Buster's Entertainment, Inc. (PLAY), Prothena Corporation plc (NASDAQ:PRTA), Portola Pharmaceuticals, Inc. (PTLA), Sun Hydraulics Corporation (SNHY), TTruecar Inc (NASDAQ:TRUE), Take-Two Interactive Software Inc (NASDAQ:TTWO), Ultra Clean Holdings Inc. (UCTT), and Vocera Communications Inc (NYSE:VCRA).

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