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

Picks for 12/7/21

CNDT - MACD is crossing and the price has consolidated for several days at the 4.96 level, which has acted as a key support/resistance level in the past. The most recent candle tested the uptrend lin

Picks for 12/6/21

AAPL, WBA, SXOOF NLST - Market overreaction to the case vs Samung may create an opportunity to add shares.

Picks for 12/3/21

CDEV - It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal