
Picks for 11/24/20
A few new names today and some of the old reliable ones too. Today I am watching:
PECK - With the close above the descending trendline (weekly) and the MACD about to cross this chart looks very bullish to me. First target 7.69 and then 8.82. Longer-term this will likely retest its prior highs.
UAVS - I would like to see UAVS break thru its descending trendline at 3.13 before starting a position. Resistance at 3.21. First target 4. 01
IMXI - Looks like IMXI may have found support at 15.91 (100% fib retracement) Resistance at 16.46 and the first target of 16.85 and then 17.27
Continuing to watch:
JMIA - This has been a beast and I will stay with it until the uptrend ends.
WTRH - A lot more upside in my swing trade.
AIHS- Stocks like this have a tendency to go parabolic.
ARPO- tested the 50% fib yesterday and may bounce.
QD and BCOV are still in play.
Also yesterday's pick CEMI broke its descending trendline and may run higher.