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Picks for 11/16/20

Premarket looks mostly green on Covid vaccine news. Today I will be watching:


FENC

I like the MACD cross and the close above the 61.8% Fibonacci level after testing it twice before. Also, we should see a "golden cross" as the 50MA crosses the 200MA in the next week or so. This of course would be very bullish.



IPHA


MACD is curling and the price closed above the 23.6% Fib level after testing resistance at 4.80. I would like to see it retest and hold 4.65 before going long for a swing trade. First target 5.53


Finally, I will continue adding to VERI and JMIA on dips. Potential to scalp these intraday as well.


New to my watchlist: WWR, LAC, NK, ZOM, CANF. I believe these could all move sooner than later but the setup is not quite there.


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