$CDLX:NASDAQ - CARDLYTICS INC - Will it break and run?

Cardlytics was one of last years better performers with a 500% run pre covid. They have struggled to recover, but the bollingers are getting squishy which often indicates a break one way or other. Earnings are close by which adds a level of risk given current economic conditions. Could be worth a watch.

About Cardlytics
Cardlytics (CDLX) uses purchase intelligence to make marketing more relevant and measurable. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco and Visakhapatnam

Comment:

Nice 20% pop.