Picks for 1/21/21

I am cautious today with markets at new highs. I will be watching some familiar tickers today.


COCP - I made this pick on 1/15 and it has moved as anticipated since then going from $1.53 to $2.28 today. It appears to really be expanding its range the last 2 trading days and yesterday it tested 3 different fibonacci levels to close above the 78% level. I will look to add around $2.13


AMPE - I like the proximity to the POC line and the close above the 20ema. I looks like the 9ema should start crossing the 20ema any day now. Also the RSI is very low and the MACD is rising. I think this offers a low risk entry point for a swing trade entry. I will place a stop at $1.36



HCHC - Bullish candle yesterday that touched the 9ema and a MACD that is crossing. Also the "golden cross" about a month ago and the close above the POC line (red) is all very bullish .


More than the chart I believe this stock will benefit from the Bidenadmin's infrastructure spending and could be a good mid to long term swing trade.


GMDA - One of my picks from 1/15 that is still in play. First target $9.80


TMDI - Had a massive run yesterday. Watching to see if it will continue. Support is $2.72

MVIS- Still watching for a breakout. Support $6.72

INOD- Looks like it will bounce

SPCB- Will consider buying at $1.23

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