Bed Bath & Beyond Inc . (BBBY)
Bed Bath & Beyond Inc (NASDAQ:BBBY) popped 53 cents, or 3.80, to 14.46, with a high of 14.64, on 6.9 million shares on Tuesday. It extended its snapback off of the pullback retest here. All we need now is for it to get to 15, in order for it to head up to the 16-18 zone.
The Chemours Company (CC)
Chemours Co (NYSE:CC) after a 5-wave decline and retest, a base pattern formed. I thought Monday was a breakthrough, and Tuesday was a significant follow-through, CC jumping 1.91, or 11%, to 19.78, with a high of 20.23, on 4.1 million shares. There will be overhead resistance just ahead at 20 3/4. I’m thinking the swing target is 25.
Inogen, Inc. (INGN)
Inogen Inc (NASDAQ:INGN) swing, which I gave out in mid-Aug when it popped and pulled back, was quiet over the next month and when it started to run, it went from 45 to 60 in just the last three weeks. On Tuesday, it was up another 1.62, or 2.8%, to 59.32, with a high of 60.02, on 682,355 shares traded. It looks like it wants to accelerate after popping another 5.58 in after hours, taking it up to 64.90. Watch this one on Wednesday. It may reach as high as the 73-75 zone.
InMode Ltd. (INMD)
InMode Ltd (NASDAQ:INMD) swing is doing great! On Tuesday, it ran 6.69, or 19.69%, to 40.66, and buzzed right past my 40-dollar target as it reached a 42-dollar high on 3.31/2 million shares. I’m looking for it to go higher. I think 45 is doable in the next few days.
Maxar Technologies Inc. (MAXR)
Maxar Technologies Inc (NYSE:MAXR) jumped 1.15, or 11.57%, to 11.09, with a high of 11.49, on 5.9 million shares on Tuesday. The significance for Tuesday was that it broke through a clean double top. It is now headed up toward the top of the channel to resistance at 13.
Swing Trade
Swing trade Xerox Corporation (XRX)
Xerox Corp (NYSE:XRX) ramped 1.70, or 4.9%, to 36.99, with a high of 37, on 3.3. million shares. It followed through on a sale of one of its subsidiaries for 2.3 billion dollars. It looks to me like if it gets through the 36.57 zone, it’s on its way too much higher levels, perhaps, to the mid-40’s.
Stocks on the long side
Applied Optoelectronics, Inc. (AAOI), Allot Ltd. (ALLT), Bed Bath & Beyond Inc. (BBBY), The Chemours Company (CC), Epizyme, Inc. (EPZM), Everbridge, Inc. (EVBG), EverQuote, Inc. (EVER), Express, Inc. (EXPR), Foundation Building Materials, Inc. (FBM), Fulgent Genetics, Inc. (FLGT), ImmunoGen, Inc. (IMGN), Inogen, Inc. (INGN), InMode Ltd. (INMD), Maxar Technologies Inc. (MAXR), NIO Inc. (NIO), Avita Medical Limited (RCEL), Arcadia Biosciences, Inc. (RKDA), Shenandoah Telecommunications Company (SHEN), Vericel Corporation (VCEL), Viking Therapeutics, Inc. (VKTX), and Xerox Corporation (NYSE:XRX).