This is a low priority update and certainly not a recommendation because I am not even sure I am interested in it (have to study up on it first). But I think it is worthy of an update for our ongoing education about the markets, if nothing else.
NVTA – a viable tax loss seasonal candidate – is finally filling the ‘Motley Fool’ gap that we noted in NFTRH and/or updates back in 2020. It got a super secret, premium subscribers only reco (which obviously turned out not to be so secret) from the Fool and gapped up in June, 2020. The remainder of that year tacked on MOMOs and FOMOs to drive it into a bubble, which 2021’s tax loss sellers are living to regret.
The gap is about to fill and if it’s still a whiz bang innovation and growth candidate, it could be a seasonal play, along with several other former darlings crashing to earth. Just an FYI on something I think is interesting since I made such a big deal about that gap when it happened.
A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the technical parameters are already noted. These updates are meant as a starting point for your further research if interested. I will not personally buy every item highlighted and will sometimes sell (ref. Trade Log) any item that I do buy below target (assuming I’ve not stopped out or sold for some other reason) as I often do. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.
