Picks for 12/31/20

Watching many of the same names today. JMIA and VERI are on the top of my list. Both have provided intraday trade opportunities for the last several weeks. I bought some GLD and VIXY calls to hold into the New Year since the GA senate runoff and the planned protests on 1/6/21 have potential to spook the markets.

NIO - The recent bounce of the 50 sma and the MACD curling looks bullish. In addition it closed above the 50% fib level yesterday. Also the POC for the last 30 days is 45.25 which makes for a low risk entry point. I think this sees $50 today.

PVG - This one moved as expected yesterday so I am sticking with it.

Watching: BCOR, TRIL, GLYC, FBIO, CKPT and DAKT for a rebound at the $4.58 level.

24 views0 comments

Recent Posts

See All

Picks for 6/11/21

KTRA - Short term MAs are crossing the longer term MAs and the MACD is rising. I like yesterday's candle retesting the 0 fib level m testing the .38 level and closing above the .23 fib level. Looking

Picks for 6/10/21

AVTR - Yesterday's candle held most of the prior day's gain and closed above the .5 fib level. The MACD recently crossed and the RSI is still relatively low. Looking for the .5 fibonacci level to ho

Picks for 6/8/21

TRCH - I like the recent consolidation at the .38 fib level and yesterday's gap up to open after the prior day's bullish pin bar . Yesterday's price closed above the .5 fib level which is bullish . Lo