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Stocks To Watch: ABBV, AUDC, CRSP, LSCC, SDC

Published 10/31/2019, 12:28 AM
Updated 07/09/2023, 06:31 AM

AbbVie Inc (ABBV)

AbbVie Inc . (NYSE:ABBV), a swing trade from early Sept, looks like it wants to move higher. On Wednesday, it jumped 1.19, or 1.52%, to 79.66, with a high of 79.79, on 7.2 million shares. Short-term support is at 76. My target on ABBV is 85 short-term. The long-term target is 92. I believe it will get there. I really do.

AudioCodes Ltd . (AUDC)

AudioCodes Ltd (NASDAQ:AUDC) formed a swing trade and is still going. It had a nice breakout this week, and followed through on Wednesday, popping 1.15, or 5.53%, to 21.96, with a high of 22.00 even, on 477,648 shares traded. It may retest the highs. It has a target of 25 short-term.

CRISPR Therapeutics AG (CRSP)

Crispr Therapeutics AG (NASDAQ:CRSP) ran 3.12, or 6.38%, to 52.04, with a high of 52.28, on 1.6 million shares. That was good volume for this stock. With a surge, has gone from 39, and change, to 52, and change in a week and is up against resistance. It might be short-term overbought, but the swing trade looks good. I’m looking for something in the 62-65 range for the next target on CRSP.

Lattice Semiconductor Corporation (LSCC)

Lattice Semiconductor Corporation (NASDAQ:LSCC) formed a big, engulfing reversal bar after dipping down to fill that gap and exploded 88 cents, or 4.68%, to 19.70, with a high of 20.09, on 4.26 million shares. Now the short-term target has to be 21 1/2, and then I’m looking for a swing to 25-26.

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SmileDirectClub, Inc. (SDC)

SmileDirectClub Inc (NASDAQ:SDC) a recent IPO, came down in a month-long, 5-wave decline from mid-Sept to mid-Oct, spiked, form a base, broke out, formed a little flag above the moving averages, crossed over, ran up, formed a coil, and on Wednesday, popped 43 cents, or 3.66%, to 12.19, with a high of 12.30, on 2.9 million shares. I really like the way this is shaping up. Targets are 13 1/2, and then 14 1/2-15.

Stocks on the long side

AbbVie Inc . (NYSE:ABBV), AudioCodes Ltd. (AUDC), Crocs, Inc. (CROX), CRISPR Therapeutics AG (CRSP), Deciphera Pharmaceuticals, Inc. (DCPH), Garmin Ltd . (NASDAQ:GRMN), Inphi Corporation (IPHI), IVERIC bio, Inc. (ISEE), Lattice Semiconductor Corporation (LSCC), OneSpan Inc. (OSPN), PG&E Corporation (PCG), Sibanye Gold Limited (SBGL), SmileDirectClub, Inc. (SDC), Unisys Corporation (UIS), Xunlei Limited (XNET).

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Latest comments

Thanks sir ABBV stock
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