I’m noticing a handful of the stocks in my “Recent” watch list are showing signs of life, such as electric car maker Rivian. One I wanted to mention specifically is Oatly which makes, of all things, oat-based milk. This stock has been a dog practically since Day One of its IPO, but it has recently formed a higher low and has also broken above its lifetime downtrend. Anecdotally, I can tell you that as a multiple-day-each-week shopper at various Whole Foods, I’ve never seen anyone buy a Beyond Meat (BYND) product in my life, but as for Oatly products, they can hardly ever keep it in stock.
