Picks for 3/8/21

Premarket looks red and likely to continue the down trend as Covid relief bill and rising rates are digested.


I will cautiously watch the following tickers today:


INSG - It looks like INSG has bottomed after testing the 0 fibonacci level which also coincides with the ascending trend line on the weekly time frame. Also the price is well bellow the 12 month POC line (11.02) and the RSI is way over sold.


First target 11.05

Second 12.50

ITP - I like the most recent candle's test of both the 200 SMA and the 1 fibonacci level. Also the RSI is curling up. It's also well bellow the 6 month POC line which is .80 cents. I think this price offers a low risk entry. First target .80, second target .99 cents

Also watching: NSLT, CVM, AXL, CNDT, SXC, BKEP and CYDY


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