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4 Stocks To Watch: MARK, OSTK, RIOT, ROKU

Published 12/11/2017, 11:44 PM
Updated 07/09/2023, 06:31 AM

Remark Holdings, Inc. (NASDAQ:MARK) is looking really good, and I love the way it acted on Monday. It had a breakout of a wedge on Friday, which was a big move. On Monday, it was up 92 cents, or 10.4%, to 9.76, on 3.6 million shares traded, and it took it to a high of 10.34. I think this stock is headed to 13.

Overstock.com, Inc. (NASDAQ:OSTK) had a spectacular session, jumping 9.92, or 22%, to 55.00, on 5.6 million shares traded. That was a huge snapback out of the trading range. Now, it may be headed for a retest of 59-60, and maybe it will get to 64-5, before it moves to a long-term advance, which could take it substantially higher.

Riot Blockchain, Inc. (NASDAQ:RIOT), which to me, looks like the swing trade is working great. It exploded, and wedged, and exploded out again on Monday, running up 7.22, or 45 1/2%, to 23.08, on over 20 million shares traded. That was huge volume for this stock. If it gets through here, and gaps up on Tuesday, I’m looking for 29-30 immediately.

Roku Inc (NASDAQ:ROKU) popped 3.19, or 7%, to 47.98, on 10.3 million shares traded on Monday. It’s been popping out across resistance for the last seven days. I’m looking for a quick retest of 51 3/4, and then I’m looking at 60.

On the long side, stocks included Aurora Cannabis Inc. (OTC:ACBFF), Canopy Growth Corporation (TWMJF), Aradigm Corporation (NASDAQ:ARDM), General Cannabis Corp. (OTC:CANN), Century Aluminum Co. (NASDAQ:CENX), CenturyLink, Inc. (NYSE:CTL), Fitbit Inc. (NYSE:FIT), Bitcoin Investment Trust (OTC:GBTC), U.S. Global Investors, Inc. (NASDAQ:GROW), Marathon Patent Group, Inc. (NASDAQ:MARA), MGT Capital Investments, Inc. (OTC:MGTI), Remark Holdings, Inc. (MARK), Overstock.com, Inc. (NASDAQ:OSTK), Riot Blockchain, Inc. (NASDAQ:RIOT), Roku Inc (ROKU), Sunesis Pharmaceuticals, Inc. (SNSS), SORL Auto Parts, Inc. (SORL), Social Reality, Inc. (SRAX), Seven Stars Cloud Group, Inc. (SSC), Valeant Pharmaceuticals (NYSE:VRX) International, Inc. (VRX), INTERSECT ENT, INC. (XENT), and Xunlei Limited (XNET).

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