The stock market had quite a mixed day on Monday, and because of that, we are going to jump right in and go over some of the ones that are still doing well.
Sucampo Pharmaceuticals, Inc. (NASDAQ:SCMP), which we put a swing out on Monday, is doing well. I wanted to a swing on it the other day when it broke out. Three days of consolidation had me convinced, especially on Monday when it popped out of a mini-wedge and was up 81 cents to 15.99, or 5.34%, on nearly 500,000 shares at 498,200. That was good volume for this stock. Targets are 18 and 21.
Unilife (NASDAQ:UNIS) is acting very well. The highest close this stock has had was 4.69, in March 2014, almost a year ago, and again on Monday when it was up 64 cents, or 12.6%, to 4.69 on 1.4 million shares. Our target is a test of the 5.80 area. There’s some resistance at 5.30, so that would be the short-term target.
Vuzix (OBB:VUZI) announced on Monday that will be listed on the NASDAQ Exchange on January 28. It popped 90 cents to 7.00, or 15%, on 541,500 shares traded. Short-term it could run. The target is 8-8.15. This is a very nice chart.
ZELTIQ Aesthetics (NASDAQ:ZLTQ) made a new all-time high on Monday, up 32.87 before closing at 32.68, up 2.60, or 8.6%, on 1 million shares. I don’t think it’s anywhere near done running. Near-term target is 36-7, and beyond that 45-6.