Jan. 8, 2020, 12:10 p.m. EST

Three stocks on the move include Lattice Semiconductor

Harry Boxer also highlights O-I Glass and WW International

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Lattice Semiconductor Corp. (LSCC)
  • X
    O-I Glass Inc. (OI)
  • X
    WW International Inc. (WW)

or Cancel Already have a watchlist? Log In

By Harry Boxer


Lattice Semiconductor

Here are three stocks on the move poised to rise higher.

Lattice Semiconductor Corp. /zigman2/quotes/204117531/composite LSCC +2.08% jumped 90 cents to $20.10 on 2.1 million shares traded Tuesday. The move, on nearly double the average volume, came on no news from the low-power programmable provider. The stock has been in a sideways consolidation since August after a huge eight-month run-up from under $6 to over $21, and appears poised to run again. Watch for a break through the current trend line, which could lead to $27.

O-I Glass Inc. /zigman2/quotes/200272047/composite OI +6.39% popped 70 cents to $13.36 on 4.5 million shares traded Tuesday. On Monday the producer of glass containers announced its wholly owned subsidiary filed for Chapter 11 bankruptcy to resolve asbestos-related claims. The stock has been steadily climbing from below $9 in November, and this week’s breakout took it above key lateral resistance. Watch for a move next to test the gap just under $15 from late July’s drop.

WW International Inc. /zigman2/quotes/200896816/composite WW -4.66% advanced $1.90 to $41.04 on 4.3 million shares traded Tuesday, continuing the rally from Monday. Oprah Winfrey, who is a major shareholder in the weight-management-services company, kicked off her nine-arena tour this past weekend, called “Oprah’s 2020 Vision: Your Life in Focus,” presented with the company. The stock has bounced off the bottom of its ascending channel, and is now approaching lateral resistance at $44.25. A move through there could accelerate the stock to $54.

See Harry’s video-chart analysis on these stocks.

The writer has no holdings in any securities mentioned.

Harry Boxer is founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis and live chart presentations.

/zigman2/quotes/204117531/composite
US : U.S.: Nasdaq
$ 77.37
+1.58 +2.08%
Volume: 192,970
Feb. 1, 2023 10:56a
P/E Ratio
70.16
Dividend Yield
N/A
Market Cap
$10.39 billion
Rev. per Employee
$731,532
loading...
/zigman2/quotes/200272047/composite
US : U.S.: NYSE
$ 20.48
+1.23 +6.39%
Volume: 1.29M
Feb. 1, 2023 10:56a
P/E Ratio
5.36
Dividend Yield
0.00%
Market Cap
$2.99 billion
Rev. per Employee
$281,250
loading...
/zigman2/quotes/200896816/composite
US : U.S.: Nasdaq
$ 4.74
-0.23 -4.66%
Volume: 246,069
Feb. 1, 2023 10:56a
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$350.52 million
Rev. per Employee
$141,912
loading...

Harry Boxer is founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis, and live chart presentations.

This Story has 0 Comments
Be the first to comment
More News In
Investing

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.