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Stock Charts To Watch: CASI, COOL, HABT, TNDM

Published 08/01/2018, 12:04 PM
Updated 07/09/2023, 06:31 AM

CASI Pharmaceuticals (NASDAQ:CASI) had a nice-looking mini coil or flag on Tuesday, up 25 cents, or 3 1/2%, to 7.30, on 177,134 shares. If we break out across the double top, which will be our next objective, to take out 8.33-35, and then head toward 11.

PolarityTE (NASDAQ:COOL) after a spike off the low and a pull back, it formed a little wedge. It broke out on Tuesday and went ahead and picked up a little bit. Up 1.48, or 7%, to 22.79, on 547,000 shares. I want to see if there’s more upside. Key resistance now 26 and 29 1/2. Those are my targets as well.

The Habit Restaurants (NASDAQ:HABT) broke out, pulled back, and exploded recently. It’s right at that major declining top-line. Up 30 cents, or 2%, to 12.70, on 450,907 shares on Tuesday. Had an inside day as it backed off of it, but a positive day. If we break out, we should test the gap at 14.40 and then 15.60.

Tandem Diabetes Care (NASDAQ:TNDM) after pulling back for a few days, it exploded back up on Tuesday. Up 2.72, or 11%, to 27.56, on 3.7 million shares. The buy in was the heaviest we’ve seen in about a month. If it breaks out above 28.90, this stock will be in the mid 30’s. Keep an eye on this one.

Stocks on the long side included ADMA Biologics (NASDAQ:ADMA), Aerojet Rocketdyne Holdings (NYSE:AJRD), Allison Transmission Holdings (NYSE:ALSN), Arconic (NYSE:ARNC), Attunity (NASDAQ:ATTU), CASI Pharmaceuticals (NASDAQ:CASI), CareDx (NASDAQ:CDNA), Cognex Corporation (NASDAQ:CGNX), Coherus BioSciences (NASDAQ:CHRS), PolarityTE (NASDAQ:COOL), Correvio Pharma (NASDAQ:CORV), Cardiovascular Systems (NASDAQ:CSII), Echo Global Logistics (NASDAQ:ECHO), The Habit Restaurants (NASDAQ:HABT), Libbey (NYSE:LBY), NII Holdings (NASDAQ:NIHD), Northern Oil And Gas (NYSE:NOG), Tandem Diabetes Care (NASDAQ:TNDM), Veoneer (NYSE:VNE) and Xenon Pharmaceuticals (NASDAQ:XENE).

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