Picks for 10/22/21

III - The most recent candle tested the .38 fibonacci level and closed higher than the candle before it. Also the MACD is crossing and the moving averages are all in order. 9ema above the 20ema, 50sma above the 200ma.


The RSI is still low at 57. It looks like III is ready to run.


first target: 8.22

hard stop: 7.25

VERI - Solid move up yesterday closing over the 1.61 fibonacci ext level and the current 200 sma. This stock can really run when it gets started. In the mid to long term I am looking for a return to the 52 week high. With inflation concerns in the market growth stocks will be in demand. VERI should be a monster going into 2022.

Also watching: NSLT, PAGS, SOFI, JMIA, TGB, AXSM

9 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