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4 Stocks To Watch Today: MARK, NTNX, OLED, OSTK

Published 01/09/2018, 12:19 AM
Updated 07/09/2023, 06:31 AM

Remark Holdings Inc (NASDAQ:MARK) jumped 1.37, or 12%, to 13.05, with a high of 13.56, on 2.9 million shares traded, and is doing great. It’s at the highest level since 2009. If you take a look at the accelerating pattern and the wedge I showed you over the weekend that looked really strong, it popped and broke out on Monday. I’m looking at 15 as early as Tuesday, and a swing trade as high as 20.

Nutanix Inc (NASDAQ:NTNX), one of my favorites this year, popped 1.50, or 4%, to 38.41, on 4.2 million shares traded on Monday. It went from 20 to 38. I gave it to you around the 20 range, it moved up recently, and in an extending bull coil, it broke out. The volume is picking up. I expect to see 40 and 45 going forward.

Universal Display (NASDAQ:OLED) gained 15.55, or 9%, to 194.85, with a high of 197.25, on 2 million shares traded. It has been a monster ever since I gave it to you. At about 132 in Sept it coiled, popped, coiled again, and from here, the 5th wave might take it as high as 230-40. My short-term target is 210. So, let’s see if it can get up to that level.

Overstock.com, Inc. (NASDAQ:OSTK) continues being a monster, jumping another 2.55, or 3%, to 86.90, on 7.6 million shares traded, with a high of 89.90. It has gone from 14.00 to 89.90, and now, after two wedges and breakouts, I’m looking for it to make it up to 100-05, maybe 110. At this point, it may get a pullback consolidation. Support is at about 80-81, and beneath that its 68-70.

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On the long side, stocks included Aurora Cannabis Inc (OTC:ACBFF), General Cannabis Corp (OTC:CANN), Cronos Group Inc. (PRMCF), Therapix Biosciences Ltd. (TRPX), Canopy Growth Corporation (TWMJF), BlackBerry Limited (BB), Caterpillar Inc. (NYSE:CAT), Crocs, Inc. (CROX), Emerge Energy Services (EMES), Galectin Therapeutics, Inc. (GALT), Remark Holdings, Inc. (MARK), MINDBODY, Inc. (MB), NUTANIX, INC. (NTNX), NVIDIA Corporation (NASDAQ:NVDA), Universal Display Corp. (OLED), Overstockcom Inc (NASDAQ:OSTK), Insulet Corporation (PODD), PTC Therapeutics, Inc. (PTCT), Skyline Corporation (SKY), Vipshop Holdings Limited (NYSE:VIPS), Viking Therapeutics Inc (NASDAQ:VKTX), Vuzix Corp Cmn Stk (NASDAQ:VUZI), Energous Co (NASDAQ:WATT), and 22nd Century Group, Inc. (XXII).

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