Nasdaq Dorsey Wright

BLNK, HIBB, LNT & OSIS

BLNK Blink Charging Co ($51.43) - Autos and Parts - BLNK is a perfect 5 for 5’er that ranks #1 in the favored autos and parts sector RS matrix. With today’s action, BLNK broke a double top at $49 before moving higher to $53, marking a new 52 week high on the chart. From here, support sits at $43.

HIBB Hibbett Sports, Inc. ($50.00) - Retailing - HIBB broke a double top at $50, marking the second consecutive buy signal on the chart. HIBB is a 4 for 5’er within the favored retailing sector that has experienced four weeks of positive weekly momentum. From here, support sits at $42.

LNT Alliant Energy Corporation ($49.51) - Utilities/Electricity - LNT returned to a sell signal with a double bottom break at $48. LNT is a 3 for 5’er within the utilities/electricity sector. From here, additional support sits at $47.

OSIS Osi Systems ($93.03) - Protection Safety Equipment - Shares of OSIS moved higher Thursday to break a triple top at $94, marking a fourth consecutive buy signal. This 3 for 5'er moved to a positive trend in August and has been on an RS buy signal against the market since mid-2019. The overall weight of the evidence is positive here, however, potential long investors should note that OSIS has entered overbought territory. Initial support can be found at $90 with further support found at $85, which is also the current location of the bullish support line.

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