Picks for 12/3/20

Continuing to watch EMKR which was one of yesterday's picks.

EMKR - I like the big green candle from yesterday and the close above the 161.8% Fib level. It looks like it's consolidating a bit at these higher levels but will likely move higher.

OCX - I like the multiple bottoms after the self off back in June. Also, the price has been making higher lows since 9/24. Also, the stock reaching the 200 MA and closing above it is very bullish IMO. The RSI is still at a reasonable level and I like the MACD curling up.

I'd like to see it break $2.05 to get in for a swing trade to the $2.60 level.

ONCS - I like the MACD crossing and the break of the descending trendline. I want to see the price break $5.75 with some heavy volume to enter for a swing trade. $6.54

CLPS - I picked this a few days ago. Since then it failed to break out but retested its ascending trendline. Looking for a break out over 3.28

Still holding my swing position in CEMI, SDPI. Watching VERI and JMIA for intraday trades. VERI made a stock offering after-hours yesterday and JMIA's recent offering is now closed. DXF looks like it may breakout over $1.58

42 views0 comments

Recent Posts

See All

TG - Originally picked this on 2/17 and after hitting my target it has retraced and appears to be setting up again with a recent MACD cross and close above the .5 fib level are very bullish . Also h

EXTN - Hit my prior target ($7.36) in 15 trading days. I remain bullish and up the target to $8.09 Also watching: AUY, BKR, ARKO, FTI, TG

ELMD - We see a series of higher lows since November 2020 and a recent break out above the descending trend line on the weekly chart ( wedge ). Also the MACD is crossing over and momentum recently c