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Three Post-19 Shorts

This is a syndicated repost courtesy of Slope of Hope. To view original, click here. Reposted with permission.

If you believe that Covid-19 is going to be totally passe and “so 2020″ in a few months, I’d like to direct your attention to three stocks which I believe are vulnerable should the virus become out-of-fashion.

Liquidity moves markets!

Follow the money. Find the profits! 

First is Peloton, with a price gap at 122.49 and a horizontal lower than that. The broken trendline and big price gap are key.

Next is Slack Technologies, with a price gap at 30.72.

Finally, the king of the pandemic, Zoom, with a price gap at 482.73 and a horizontal beneath that.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

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