Picks for 11/20/20

Its all about JMIA, VERI, and WTHR today. These stocks have been on fire and I need to stick with them until their trend reverses. I will hold my full position in all 3 until the 5ema crosses bellow the 9ema at which point I will sell half (to protect profits) but all three are stocks I will hold a core in until at least the end of the year.

New on my radar: BCOV and LYTS

BCOV- Yesterday it tested the 38.2% fib level in addition to the ascending trendline and the 9ema. It ended the day closing above the .50% fib level. The MACD is also slowly curling up.

First target 13.66

LYTS- I like the close above the .61% fib level and the ascending trendline. First target 7.86 then 8.16

Also watching:

ARPO for a bounce (day trade) after it tested the .23% fib level and closed above the descending trendline. Looking for $1.89 if this scenario plays out.

AIHS reports earnings and I am holding through that.

50 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