Picks for 3/26/21
Premarket is mixed and I think the downtrend will continue with some green days in the mix. I will be cautiously watching some tickers:
SITC - The giant bullish engulfing candle is very bullish as is the bounce off the 50 SMA . In addition the 9ema is still above the 20ema and the current price is in close proximity to the YTD POC line. Yesterday's candle tested 4 fibonacci levels which is a very bullish sign in my opinion. I will consider entry over $13.30 with a short term target of $14.08
NMTR - This moved as anticipated yesterday and I am watching for it to continue.
OPNT - This retested the $10.50 level and may be ready to move upward.
ATNF - ATNF has moved as anticipated since I picked it on 3/9 and after a pullback it managed to close above the .5 fibonacci level. It has been active today premarket and it looks like it will run higher.
Also watching: CVM, NLST, CSLT, IVR, BCRX