Can Commvault Systems Secure The Next Leg Higher?

Can Commvault Systems Secure The Next Leg Higher?

Good evening. Welcome to Trends with No Friends.

FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW

Markets were mixed. The Russell 2000 tumbled -0.73%. The Nasdaq Composite and S&P 500 advanced more than +0.50%.

Utilities surged +1.59%. Health care, technology and real estate rallied approx. +0.50%. Industrials and energy finished flat. Basic materials dipped -0.75%.

New 52-Week Highs led New Lows — 168 vs. 19.

THE BEST OF THE BEST

Commvault Systems ($CVLT) is the Best of the Best. The data protection service provider carried +1.14% and closed at an all-time high.

Here’s the daily chart.

And monster monthly chart.

$CVLT has 650 followers on Stocktwits.

THE WORST OF THE WORST

Kohl’s ($KSS) is the Best of the Best. The “omnichannel retailer” tumbled -17.01% following its Q3 earnings report.

$KSS closed at its lowest price since September 2020.

Here’s the daily chart.

And monthly chart.

$KSS has 12,090 followers on Stocktwits.

52 WEEK HIGHS

See the full sheet here.

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Author Disclosure: The author of this newsletter holds positions in DESP, NGVC, HWM & ESLT. 📋





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