"I've liked LKQ Corp (LKQ) for a long time," Jim Cramer told a caller during last Thursday's "Lightning Round". Let's check out the charts of LKQ, a provider of alternative and specialty parts to repair automobiles.
In this weekly Japanese candlestick chart of LKQ, below, we can see that prices tripled from their Mach 2020 low. Recently the candles have made small real bodies telling us that there is a balance between the bulls and the bears. LKQ is trading above its rising 40-week moving average line.
The weekly OBV line is bullish and confirms the price gains. The MACD oscillator is in a bullish alignment.