Picks for 10/29/21

SPRB - This was brought to my attention by a friend on Stocktwits. It has sold off tremendously in recent months and made an all time low a few days ago at $4.23.


Since then the MACD has crossed and the price has moved up gradually. The RSI is still very oversold at 38. Also


I would like to see a daily candle close above the descending trend line (weekly line) and also I would like to see the 10ema cross the 20 ema to give more confidence to the reversal.


As one of the other posters mentioned the float is very low which could cause parabolic price spikes, In addition theres a fair amount of short interest with 11% of the float currently short.


I will likely take a starter here and add as it moves up.


First target $5.08, $5.61, $6.04 in the short term with a stop at $4.23


III - Looks like the uptrend is still in tact with the recent close over $7.75

EVC - The longer term rally continues with the recent close over $7.81

Also watching: NLST, DPLS, SOFI, VERI, AXSM

11 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