Power Hour and FOMOIs that a possibility again today? Barchart has moved from a 72% STRONG BUY for THRM this morning to an 88% STRONG BUY this afternoon ....with a strengthening shorterm outlook. The second resistance level is close and the Ask volumes indicate this could be easily breached.
A HALT (based on positive expectations of course) would be a great start to Monday. It would be interesting to note whether there is a pattern in the day of the week that FDA authorization takes place. Regardless of the 34 rapid antigen test FDA EUA authorizations since March 31, 2021 the only one that has made in roads was Abbott Labs .....and they just completed destroying millions of test components and sent thousands of employees home.
Thete is still much room for another player ....AcuVid???