During the fast-paced Lightning Round segment of Mad Money Tuesday evening one caller asked Jim Cramer about Yeti Holdings (YETI) . "I've liked Yeti. The world hates it but I like it," replied Cramer.
Let's check out the charts of this maker of outdoor lifestyle products such as ice chests, coolers and related accessories.
In the daily bar chart of YETI, below, we can see that the shares recouped their February-March losses and posted new all-time highs this month. Prices are above the rising 50-day moving average line and the rising 200-day moving average line. The 50-day line has been moving up fast and could soon cross above the 200-day line for a golden cross buy signal.
The On-Balance-Volume (OBV) line has been very strong since early April and has made new highs. The new highs on the OBV line confirms the price gains so far and it could be foreshadowing new price highs. The Moving Average Convergence Divergence (MACD) oscillator is still rising after it crossed above the zero line in late April.