JC Parets’ Chart Alerts | Trade Stocks

Chart Alerts

Actionable insights from the world’s most data-driven market analyst.

Featuring Author JC Parets, Founder of All Star Charts

Ooma, Inc. (OOMA)

Sometimes all it takes for a stock to take off is a headline.  Just look at AMC and GME, right? But the right attention, combined with winning technicals, adds up to big potential wins. That’s why today’s Chart of the Week is so strong in my opinion. Ooma, Inc. (OOMA), a  midcap telecommunications stock, is showing tantalizing relative strength, and looking to break out to the upside as soon as it breaks through the 24 level.  For those who may not know, this report collects millions of data points from dozens of financial sources to identify significant increases in investor attention.  Between that increase in attention and that strong level and relative strength, we are long in OOMA above 24, …

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