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I’m Watching These 4 Stocks

Published 11/02/2018, 01:18 PM
Updated 07/09/2023, 06:31 AM
  1. ACADIA Pharmaceuticals (NASDAQ:ACAD) popped 2.88, or 15%, to 22.36, on 3.6 million shares on Thursday. Looking at the overall structure, this stock exploded, pulled back, and I gave you a swing on it. Then it went from 19 to 23, and change, but it pulled back when the market did. You can see that right now it looks like this remains the platform and you’ve got to keep a stop under 19. I’m looking for this stock to make it out over 23 1/2 and run to the 26-28 zone. The secondary target is 33, or thereabout.
  2. Amarin Corporation (NASDAQ:AMRN) has a great chart, and what a great company. Just a fantastic chart, folks. When you have a big gap and it won’t back down, it just keeps going up in a rising flag or pattern. Look at Thursday. At 22.64, this stock never closed this high before, jumping 1.81, or 9%, on 13 million shares. I think it’s going higher. The next target is 22 1/2.
  3. American Superconductor Corporation (NASDAQ:AMSC), which I gave you a swing on Thursday, popped 1.56, or 26%, to 7.55, on 675,200 shares traded. I just like the overall structure of this stock. The base, the breakout, it crawled up the 60-day moving average, and then got slammed back to support. In this zone, it bounced back up, and on Thursday, may have broken out. Thursday was a big key, and the volume was the best since January when it exploded. I’m looking for this stock to get to 9 1/2, but on a longer-term basis, this stock could be headed to 12 1/2, if not more.
  4. ProQR Therapeutics (NASDAQ:PRQR) shot up 3.97, or 22%, to 22.17, on 542,700 shares traded on Thursday. It has got to take out the double-top at 22.85, however, it did get closer to that number at 22.67. If it can get though here, I will be looking or 27 3/4 for the next target.
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Latest comments

amazing , thank you
The one good think about the stock market is it always tells you what you SHOULD'VE done. :)
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