
Picks for 2/22/21
The broader markets look like they will open red today. I will be cautiously watching a few tickers today:
UAVS - UAVS was a victim of a short seller's hit piece and followed by attorneys jumping in. This is a text book shake out.
The price respected the 50 SMA and closed just under the .23 fibonacci level to form and "inside bar" which is very bullish . Also the current price is below the POC line (DEC 1) which may cause shareholders to average down. Iveseen this kind of manipulation before.
$12.97 target
$14.46 2nd target
CSLT - This one is a bit risky due to earnings being reported tomorrow but I think an earnings beat is likely and that the price is going to bounce off the 50 SMA ($1.59 or so) which is also the 0 on my fibonacci extension . Targeting recent highs $2.15. If EPS misses, 200 SMA range likely.
TGB - Metals, specifically copper are rallying. TGB has moved as anticipated and it looks like $2+ could happen today. $2.18 is my short term target.
VERI - Looking to add at $37 or less.
Also watching: NSPR, NLST, CVM, OBLN, LPTH, AXTI, TMDI, VNTR