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.
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.