Search

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

57 views0 comments

Recent Posts

See All

Picks for 4/9/21

STIM - MACD is crossing and the price has consolidated around $12.17 for several trading days. I will try to add between $12.17 and $11.60 with a stop at at $11.36 Target: $16.34 VERI - Looking to bui

Picks for 4/8/21

UAMY - I like the multiple bottoms around .98 over the last month or so and the MACD cross. Also the 9 ema is crossing the 20 ema showing strength in the short term trend. Most recent candle closed ju

Picks for 4/7/21

CVM - Several reasons to be excited about this chart: 1. MACD cross imminent 2. Recent test of 200 sma and 13.85 level 3. 70% of vol YTD was traded at higher prices 4. Test of the .78 fib level 5. RSI