Picks for 11/25/20

Today I am watching

RLGY - I like the gap up and the MACD cross here. Also, yesterday the price closed above the .38% fib level. First target 12.44

DFX - I want to see this break thru the .50% fib level for entry. I like the MACD crossing and the recent price action making higher lows.

GNSS - MACD crossing and testing the 78% Fib level. I will be watching for it to break 6.62 and then the resistance at 6.80. If it breaks out first target 7.49

Also watching: DYN, TSRI, and GTE. I'm still holding CEMI and LQDT and also watching WTRH for a bounce off the $3.55 level.

VERI and JMIA are still on watch for scalps although I am holding a core position long. Finally, CVM had a MACD crossover a few days ago. This stock has historically rallied in a big way when the MACD crosses. Keep it on watch.

42 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