Picks for 4/23/21

JMIA - With an RSI of 37 JMIAis ver over sold. The price bounced nicely off the 200 MA and the MACD is starting to curl up. Additionally the current price is well under the YTD POC line which is at $37.21. Price closed above the .38 fib level after testing the .5 level and the 9ema.


This looks very bullish and it appears to be a low risk entry point. I will be watching for JMIA to hold the 200 MA as support and will start accumulating at this level.


Targets: $35.86. $41.23, $50

CNSL - MACD is curling up and the current price is near the YTD POC line. The price gapped up slightly yesterday and tested 2 fibonacci levels and the 9ema. It looks like it wants to move higher.


Target: $7.02, $7.41, $8.04

CVM - Looks like its ready for its next leg up. Watching for the break of $26.56

Also watching: REVG, VERI & RC

17 views0 comments

Recent Posts

See All

TG - Originally picked this on 2/17 and after hitting my target it has retraced and appears to be setting up again with a recent MACD cross and close above the .5 fib level are very bullish . Also h

EXTN - Hit my prior target ($7.36) in 15 trading days. I remain bullish and up the target to $8.09 Also watching: AUY, BKR, ARKO, FTI, TG

ELMD - We see a series of higher lows since November 2020 and a recent break out above the descending trend line on the weekly chart ( wedge ). Also the MACD is crossing over and momentum recently c