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Horizontal Hoedown: 3 Stocks On Air Support

Published 05/10/2021, 12:31 AM
Updated 07/09/2023, 06:31 AM

Beneath the surface of major equity indexes hitting lifetime highs day after day, there is rot.

You don’t have to look very hard for it, either.

I have gathered up some charts below to illustrate how some very well-known names have breached important levels of support, and having pretty much nothing but air holding them up above $0.

Look out below!

Sumo Logic

SUMO chart.

SUMO Chart

QuantumScape

QS chart.

QS Chart

Palantir Technologies

PLTR chart.

PLTR Chart

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