Neuroderm Ltd (NASDAQ:NDRM) was up 1.55, or 5.8%, to 28.10, on 512,288 shares traded on Monday. It popped through the double-top at the resistance level after falling out of a falling wedge. I am looking for a test that takes it quickly to 30 1/2, and if it does take off, look for it to run up to the mid 30’s.
Novocure Ltd (NASDAQ:NVCR) made a huge move on Monday, up 3.00 or 37%, to 11.10, on 23.4 million shares traded, and when it pulled back, I put a swing on it. Keep in mind that the breakout point is at 10.10-.30. If it pulls back any further, we can be a little bit more aggressive. I doubt this stock is coming down past 8 1/4-1/2. That would be pretty ugly. I may be wrong, but I’m looking at 10.95.
Stocks on the Short Side....
Five Prm Th (NASDAQ:FPRX) dropped 51 cents, or 1.4%, to 35.64, on 576,901 shares traded on Monday. After breaking down from the head-and-shoulder top, it formed a little bear wedge. It dropped a little bit, but if it breaks that, you could see 31, and then 27-8.
Jack In The Box Inc (NASDAQ:JACK) lost 17 cents to 101.89, on 385,349 shares traded on Monday. It rallied all the way back to the moving average and lateral resistance filling the gap. At three-waves up, it looks like it failed here. If it does fail, watch for a heavy rollover. Keep an eye on 99 1/2. Anything below that and it could fall away pretty quickly.
On the long side, stocks included Akari Therapeutics PLC (NASDAQ:AKTX), Brainstorm Cell Therapuetics Inc (NASDAQ:BCLI), Majesco Entertainment Company (COOL), Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC), Lumber Liquidators Holdings Inc (NYSE:LL), Neuroderm Ltd (NASDAQ:NDRM), Novocure Ltd (NASDAQ:NVCR), Omeros Corporation (NASDAQ:OMER), Power Solutions International Inc (NASDAQ:PSIX), Steadymed Ltd (NASDAQ:STDY), TherapeuticsMD Inc (NYSE:TXMD), and Xcerra Corp (NASDAQ:XCRA).
On the short side, stocks included Cardtronics Inc (NASDAQ:CATM), Dillards Inc (NYSE:DDS), Signet Jewelers Ltd (NYSE:SIG), Five Five Prm Th (NASDAQ:FPRX), Jack in the Box Inc. (JACK), Stampscom Inc (NASDAQ:STMP), Tempur Sealy International Inc (NYSE:TPX), Ubiquiti Networks Inc (NASDAQ:UBNT), Wex Inc (NYSE:WEX), and Yelp Inc (NYSE:YELP).