
Picks for 1/19/21
Watching a bunch of new tickers today:
IDRA - 9 ema crossed the 20 ema and the MACD is recently crossed. Current price is near poc . Looking for a break of $4.51 for entry.
CVM - The recent MACD cross is bullish and has been an accurate indicator for this stock. Also the RSI is still very cool under 60 and the price is near the poc . I think this makes new highs when it breaks $14.50
NLST - Looking for a bounce of the .78 fibonacci level and also the descending trend line and a return to recent highs.
AVXL - I like this setup. MACD crossing and the last candle tested both the .50 and .38 fibonacci levels . In addition the current price is near the POC line and the RSI is still very much under control.
Targets: $6.50, $7.70
Also watching: DTIL, IDEX, VBIV, LPTH, MVIS, SPCB, RVP, VERI, JMIA and INOD (possible bounce off 50 SMA)