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

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