Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your experience. Save up to 40% More details

Breaking News

Bank of America profit jumps on M&A boost, loan growth

Stocks To Watch: AAOI, AXSM, IQ, TGI

By Harry BoxerETFsSep 26, 2019 01:10AM ET
Stocks To Watch: AAOI, AXSM, IQ, TGI
By Harry Boxer   |  Sep 26, 2019 01:10AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items

Applied Optoelectronics, Inc. (AAOI)

Applied Opt (NASDAQ:AAOI) which I remember ran hard in 2016 and 2017, literally going from the 8.00 range to the 100 range, then it came down, bounced, and came down, formed a base of the last few months, broke out, flagged and popped on Wednesday. That pop alone has me interested. It was up 57 cents, or 5.12%, to 11.69, on 801,165 shares traded. The volume picked up the best in about three weeks. I think that if it can get through 11 3/4, then it could see 12 3/4 and 14, which are the next targets.

Axsome Therapeutics, Inc. (AXSM)

Axsome Therapeutics Inc (NASDAQ:AXSM) remains a swing from way back at the beginning of the year when it popped, ran up, and broke out again. I put another swing on it, and it pulled back in a nice flag. On Wednesday, it jumped 94 cents, or 3.64%, to 26.75, on 394,352 shares traded. It has an orderly retrace, but it doesn’t look that bad at the trendline. I would like to see it run up to key support at the 25-25 1/2 range. Once it gets above 30, I think it will move to 34, and much higher.

iQIYI, Inc. (IQ)

iQIYI Inc (NASDAQ:IQ) just hasn’t worked. It popped, first, at the declining topsline on big volume, and on a breakout on Wednesday, it popped 58 cents, or 3.38%, to 17.73, on 3.65 million shares. It looks to me like it’s going to extend and then go right back and retest. It isn’t dead yet, but 16 1/2 won’t be good, folks. Keep an eye on the possibility that it has another retest of the base. If it holds, it could move up to 20 and 22.

Triumph Group, Inc. (TGI)

Triumph Group (NYSE:TGI) has a long inverse head and shoulders over a period of a year. On Wednesday, it advanced another 76 cents, or 3.2%, to 24.50, on 527,343 shares traded. Any move above 26 and targets are 30 and 34.

Stocks on the long side

Applied Optoelectronics, Inc. (AAOI), Abeona Therapeutics Inc. (ABEO), ACADIA Pharmaceuticals Inc. (ACAD), Alpha and Omega Semiconductor Limited (AOSL), Axsome Therapeutics, Inc. (AXSM), Beyond Meat, Inc. (NASDAQ:BYND), Ceragon Networks Ltd. (CRNT), Daqo New Energy Corp. (DQ), Dynavax Technologies Corporation (DVAX), Eros International Plc (EROS), Eton Pharmaceuticals, Inc. (ETON), Inogen, Inc. (INGN), InMode Ltd. (INMD), iQIYI, Inc. (IQ), Iteris, Inc. (ITI),, Inc. (JD), Maxar Technologies Inc. (MAXR), Nutanix, Inc. (NTNX), Invitae Corporation (NVTA), Paycom Software, Inc. (PAYC), Soliton, Inc. (SOLY), ShockWave Medical, Inc. (SWAV), Triumph Group, Inc. (TGI), and Twilio Inc. (TWLO).

Watch video here...

Stocks To Watch: AAOI, AXSM, IQ, TGI

Related Articles

Stocks To Watch: AAOI, AXSM, IQ, TGI

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email