Picks for 11/17/20

The premarket looks ugly after retail numbers missed expectations. I think its a matter of time before Covid lockdowns begin again across the country.

I will be starting a swing position in WTRH. Its proximity to the 200 MA and the multiple tests of the 200 MA gives me confidence that it is near support and I feel it is relatively safe to enter here.

I will be watching TSLA for scalping opportunities as it was announced that it will be joining the S&P 500.

I am also keeping NK, VERI, JMIA, and FENC on watch for trading opportunities.

55 views0 comments

Recent Posts

See All

Picks for 6/11/21

KTRA - Short term MAs are crossing the longer term MAs and the MACD is rising. I like yesterday's candle retesting the 0 fib level m testing the .38 level and closing above the .23 fib level. Looking

Picks for 6/10/21

AVTR - Yesterday's candle held most of the prior day's gain and closed above the .5 fib level. The MACD recently crossed and the RSI is still relatively low. Looking for the .5 fibonacci level to ho

Picks for 6/8/21

TRCH - I like the recent consolidation at the .38 fib level and yesterday's gap up to open after the prior day's bullish pin bar . Yesterday's price closed above the .5 fib level which is bullish . Lo