As we work our way toward the final minutes before everything shutters for Christmas, here are a few equities that have loaded bull stockings with bountiful joy, irrespective of fundamentals. These were beautiful breakouts and illustrate some good, classic technical patterns:
Blink Charging Co: (NASDAQ:)
Blink Charging Chart.
Chewy Inc: (NYSE:CHWY)
Chewy Inc. Chart.
GrowGeneration Corp: (NASDAQ:GRWG)
Grow Generational Chart.
Cloudflare Inc: (NYSE:NET)
Cloudflare Chart.
Quantumscape Corp: (NYSE:QS)
Quantum Scape Chart.
I will offer you one item from my “I Told Ya So” gallery, which is the Theranos of electric car-makers, Nikola. I’ve been stomping on this one all the way down, and I stated clearly that the last wispy line of support was $16.01. Ever since that broke (appropriately enough, based on a garbage company telling Nikola to go take a hide), it’s been a meltdown. I strongly suspect this will be a single-digit stock within months (or weeks).
Nikola Corp: (NASDAQ:NKLA)
Nikola Corp Chart.Original Article