Picks for 12/4/20

Watching some new tickers this morning in addition to some picked previously.

I am watching:

XTNT - Watching this for a potential swing trade. I like this chart. The MACD is crossing and yesterday there was a small gap up to open. I like the multiple bottom in early November around the $1.10 range which established support. I would like to see it break $1.42 to enter for a swing.

$1.62 first target

$1.79 second target

EMKR - I picked this on 12/2 and it has moved as expected. I am going to stick with this one for a swing.

I am also closely watching:

CEMI. I added to my swing position in the premarket after it sold off heavily. The sell-off was due to a response from the FDA that states: "THAT THE FDA HAS DETERMINED THAT REVIEW OF IGM/IGG EUA REQUEST IS NOT A PRIORITY" In my opinion, the sell off is not justified.

BCRX - BioCryst Announced FDA Approval of ORLADEYO™. This may offer some intraday trading opportunities.

VERI and JMIA continue to look strong and will likely present intraday opportunities. ADIL and EGAN still on watch.

61 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