Picks for 1/11/2022

NLST - On the daily chart we see a massive symmetrical triangle that started in June 21 when the price rallied from the low $2s to a high of $10.20.


Price has bounced within the triangle testing the testing the ascending and descending trend lines 4 times.


The current price is exactly at the POC line, where the most volume of shares have traded from June 21, 2021 to current. The MACD is positive and the D+ is crossing the D- suggesting a the start of a new uptrend.


It is also relevant to mention that we are currently approx 75% thru the triangle formation a point where break outs or break downs often occur.


Looking for a break above the descending trend line with high relative volume to confirm the breakout.


$7.46 short term target. Catalysts will ultimately determine the upcoming move.


Looking for new highs in the mid to long term.


CNDT - Chart still looks strong in my opinion. Staying long.


T - This has moved as anticipated since I picked it on 12/20. I remain long and will add on dips.

Also watching: IEP, LTRX, SXOOF, SDPI, HALL

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