Search

Picks for 10/7/20

Today I am watching the same names as yesterday. I believe they were derailed by the comments tweeted by Trump regarding stimulus negotiations.


STIM looks great for a continuation rally as it closed on the .50 Fibonacci level and above the descending trendline. I will be trading it today.

CNDT also looks to still be in play for a long swing trade. Keep an eye on CTXR (news today) and CVM which looks like it wants to run higher. PRPH may also be in play if it can stay above 6.01

6 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