Bearish Bets: 2 Nasdaq Stocks You Should Consider Shorting This Week – RealMoney – TheStreet

These recently downgraded names are displaying both quantitative and technical deterioration. By BOB LANG Feb 20, 2022 | 07:20 AM EST Stocks quotes in this article: HSKA, BL Each week Trifecta Stocks identifies names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on five names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Heska Corp. Heska Corp.  (HSKA)  recently was downgraded to Sell with a D+ rating by TheStreet’s Quant Ratings. The maker of veterinary diagnostic products is another stock in a miserable downtrend. The chart is ugly at best, with money flow in bearish territory and the Relative Strength Index (RSI) bending lower at a steep slope. Heska is below all the relevant moving averages, too. There is just nothing good about this chart right now. We could see a bump up to $140 or so, but that would be a sign to short…
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