Four stocks are catching momentum.
Canopy Growth Corp. CGC, -3.63% jumped $1.08 to $47.88 on 5.8 million shares traded Tuesday. The marijuana stock has been coiling nicely, consolidating its big gains from January, and looks poised to break out again. A break through the early February high near $52 could move it next to the October highs above $56.
Overstock.com Inc. OSTK, -0.05% popped 92 cents to $22 on 3.6 million shares traded Tuesday. The stock in the online retailer and parent of blockchain technology company tZERO is in a rising channel off its December low under $13 and right at lateral resistance from its Nov. 2 and Feb. 19 highs. A breakout through here could lead to $27 next, last reached in October.
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