1. AbbVie (NYSE:ABBV), a biopharma research company, had a nice pop on Tuesday after reaching a session high of 92.23, and gaining 2.56, or 2.9%, to 90.46, on 22 million shares traded. That is the biggest volume in quite a while. There is a short-term peak at resistance. It is either going to pull back or blow through it to the 96-98 zone.
2. Fastly (NYSE:FSLY), a provider of edge cloud platform, formed a V-bottom mid-March, then a right-hand extension, broke out with a breakaway gap, and on Tuesday, it advanced to the highs, jumping 2.78, or 8%, to 37.10, with a multi-week and session high of 38.98, on 6.7 million shares traded. I don’t know if it’s ready to pull back, but you may see low to mid 40’s before it is.
3. Green Dot (NYSE:GDOT) financial technology popped, ran, and settled on an increase of 4.14, or 13 1/2%, to 34.84, with a session high of 36.52, on a solid 1.7 million shares traded. Watch the spike high at 39 3/4, which is my next target.
4. Protagonist Therapeutics (NASDAQ:PTGX) popped out of a one-day pullback on Tuesday, adding another 1.37, or 9.36%, to 16.00, with a multi-week and session high of 17.33, on 3.6 million shares traded and an additional 30 cents in after-hours. It is not as steady, and it’s at resistance. If it gets through here, the next target is 23 1/2.
5. Sientra (NASDAQ:SIEN), a medical aesthetics, company, popped out a base on Tuesday. It didn’t finish great, but it still gained 32.5 cents, or 15.5%, to 2.74, with a high of 3.31, on 8.4 million shares traded. The next target is 4.40.
6. United Natural Foods (NYSE:UNFI) broke out of a wedge on Tuesday, and moved up 2.83, or 22%, to 15.51, after reaching a multi-week and session high of 16.70, on 4.6 million shares traded, and another 96 cents in after-hours. UNFI might extend. If it does, my target is 19 3/4.
Stocks on the long side
AbbVie Inc. (ABBV), Altimmune, Inc. (NASDAQ:ALT), Alpha Pro Tech, Ltd. (APT), Atomera Incorporated (ATOM), B&G Foods, Inc. (NYSE:BGS), BioSig Technologies, Inc. (NASDAQ:BSGM), Collegium Pharmaceutical, Inc. (NASDAQ:COLL), ddog, Eldorado Resorts, Inc. (NASDAQ:ERI), Fastly, Inc. (FSLY), Green Dot Corporation (GDOT), Inovio Pharmaceuticals, Inc. (NASDAQ:INO), Livongo Health, Inc. (NASDAQ:LVGO), MacroGenics, Inc. (NASDAQ:MGNX), MyoKardia, Inc. (NASDAQ:MYOK), NanoViricides, Inc. (NNVC), Novavax, Inc. (NASDAQ:NVAX), Overstock.com, Inc. (NASDAQ:OSTK), Protagonist Therapeutics, Inc. (PTGX), Peloton Interactive, Inc. (NASDAQ:PTON), Schrodinger, Inc. (NASDAQ:SDGR), Sientra, Inc. (SIEN), United Natural Foods, Inc. (UNFI), Veritone, Inc. (NASDAQ:VERI), and VectoIQ Acquisition Corp. (VTIQ).