Picks for 3/17/2022

CNDT - The MACD is crossing over and after making a double bottom the price recently broke above the descending weekly trend line . We also see D+ curling up and D- crossing bellow the ADX line which implies an uptrend.

It appears that 4.70 may act as resistance in the short term given the congestion at that price, which is also the .38 fib level.

target: 4.96, 5.31, 5.63 in the short term.


5 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