Actionable news
All posts from Actionable news
Actionable news in EBIX: Ebix, Inc.,

4 Charts for Navigating Murky Markets

By Harry Boxer

With the market's direction murky, stock selection becomes increasingly important. Here are four stocks to watch, two on the long side and two short.

Calithera Biosciences, Inc. (CALA) closed up $1.85, or nearly 12%, at $17.60 on 1.5 million shares traded Wednesday. Price broke out of a consolidation starting on Monday, tagged $17.90, and then closed at $17.60. The stock is among the top-gaining biotechs of 2017 so far, up over 300% since January 1, aided by news of clinical partnerships with Incyte and Bristol-Myers Squibb for the company's cancer drugs. Given the present strong upward momentum, price could reach $21 and may travel up into the mid $20s.

It was a strong day for Hudson Technologies Inc. (HDSN) on Wednesday. Price popped 31...