Picks for 1/4/2022

IEP - After a gap down and consolidation in late 2021 we saw a double bottom and a massive green candle to start 2022.


Price blasted through the .23 fibonacci level and closed well above it.


With a 15% + yield and one of the great investing O.G.s in charge I feel that this is an opportunity to get in IEP at a reasonable price for a long term hold/swing.


Looking to fill that gap at $57 as a first target.


Also watching: NLST, SXOOF, DPLS, T, SOFI



2 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

CNP - Price closed above the (weekly) trend line in addition to breaking out of the rising wedge on the daily. The close above 1 Fibonacci level and 32.67 (prior resistance) is a bullish signal, espec

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