
Picks for 1/12/2022
GLD - We see a fresh MACD cross in addition to the D+ crossing over the D- on the ADX . The most recent price action is very bullish starting 12/15 when we saw a double bottomand rally back above the POC line (1 year).
9 day ema is crossing the 50 SMA and the most recent candle was very big and green and filled the down gap from a few days prior.
With today's high inflation number I am looking at GLDto rally in the mid to long term.
target: $174.67 and possibly back to all time high later this year.
NLST - Will consider adding more if the market over reacts to today's hearing being vacated.
Also watching: Crypto, CNDT, SDPI, HALL, NGD, SXOOF