Late Night Strategy for Monday

With beaten-down miners getting a sting bounce late-last week, perhaps the heavily-shorted laggard Westport Innovations in the clean energy space will follow suit this week.

On the daily chart, below, you can see the potential base bottom. A move over $6.30 likely sets the squeeze in motion for a potential 50-day moving average test. I would not be too aggressive in anticipating the breakout, though, as we are still dealing with damaged goods here, meaning a chart in a clear downtrend.

Drop me your top tickers overnight.

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