Picks for 2/25/2022

III - Displayed strength closing with a big green candle that closed above the 200sma. Could be a good add for my long position.

QQQ - I suspect yesterday's volatility and big spike into the close was an attempt to kill the open interest in weekly puts at $334+/-. I am not convinced that the bottom is in.

Also watching: NLST, VERI, SOFI, IRM

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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