Picks for 1/28/2022

CLS - Price gapped up to open yesterday and closed at the .78 fibonacci level after testing the 1 level with a long wick.

In addition the 9 ema crossed the 20 ema and we see a MACD cross starting. Price has made higher highs and higher lows in recent months and D+ crossed D- on the ADX .

Yesterday's long upper wick suggests there could be a pull back today so I will watch the price and look for a possible entry long at the $11.32-$11.10 level.

Targets: 12. 05, 13.22, 15.11

Also watching: NLST, AAPL, SDPI, ERF, T

0 views0 comments

Recent Posts

See All

PYPL - The 8/3 gap was filled on 2/1 at 89.63 and tested again. The most recent candles have been relatively large and green closing above the .5 fibonacci level. The 9 EMA crossed the 20 EMA shows

AES - AES made a "golden cross" on 9/1 and the daily candle made a bullish engulfing candle. In addition the Bullish Engulfing candle closed above the (weekly) descending trend line of the triangle. O

DCPH - Price is working its way to the end of the wedge and closed above the 1.61 fib level after pulling back from a bull flag . OBV crossed its 20 day EMA , D+ crossed D- on the ADX and the MAC