Picks for 1/6/21

I will be watching news today for potential riots in DC after the GA senate runoff and the Trump protests which could create volatility in the market today. I am still holding my VIXY and GLD calls for that reason.

I am keeping an eye on several stocks for trading opportunities:

KYN - The recent golden cross and the MACD curling up are very bullish . Also, the gap up yesterday and the test of 3 Fibonacci levels to close above the 38% fib is also bullish . First target $6.47

Watching: AMPE, DAKT, CNDT, LCTX and TRIL for moves up. Also EGAN for a potential add to my swing position.

25 views0 comments

Recent Posts

See All

TG - Originally picked this on 2/17 and after hitting my target it has retraced and appears to be setting up again with a recent MACD cross and close above the .5 fib level are very bullish . Also h

EXTN - Hit my prior target ($7.36) in 15 trading days. I remain bullish and up the target to $8.09 Also watching: AUY, BKR, ARKO, FTI, TG

ELMD - We see a series of higher lows since November 2020 and a recent break out above the descending trend line on the weekly chart ( wedge ). Also the MACD is crossing over and momentum recently c