
Picks for 10/14/21
JMIA - I like the double bottom in late August and early October. The last daily candle tested 2 fibonacci levels and closed above the .5 level while also closing above the descending (weekly) trend line. In addition the MACD is crossing over and the current price is in close proximity to the POC line (90 days). Anticipating some resistance at $21.25 and then targeting: $23.85 and $28.07 in the short term.
ETTX - This moved faster than anticipated after picking in on 10/12. The big green candle closing over the .5 fib level is very bullish.
Also watching: SOFI, VERI, ADT, AXSM, TGB, HDVY