Beyond Meat, Inc. (BYND) is approaching a potential breakout point in the 132-133 area after two weeks of consolidation in a symmetrical triangle formation. Targets in a case of breakout: 140, 160.
Cott Corporation (COT) is consolidating in the ascending triangle pattern with lateral resistance at 15.00 which if broken could lead to a new wave toward 15.5.
Facebook, Inc. (FB) broke lateral resistance (an all-time high at 222.75) and continue higher in strong momentum which could be extended into the next few trading days and send prices to retest upper Bollinger band around 228. For potential entry watch for confirmation of trend around 223.7.
NantKwest, Inc. (NK) price has been consolidating in bullish pennant formation over the last two weeks with resistance around 7.3 area. Break above that resistance in the coming days could trigger new momentum with a target around 10-12 area.
Teva Pharmaceutical Industries Limited (TEVA) – price is approaching lateral resistance in the 11.1 area which if broken could reverse the multi-month bearish trend and move price toward 12.00 area.
Hertz Global Holdings, Inc. (HTZ) reached resistance in the 17 area of its 3 months long rectangle pattern. Break of that resistance in the coming days could trigger a new up wave with targets in the 17.8-18.5 range.
Slack Technologies, Inc. (WORK) is consolidating in an ascending triangle with horizontal resistance in the 30.2 areas, which if broken in the next few trading days, could trigger new short term momentum toward the 34-38 zone.