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 still low


Short term targets: 18.74, 21.79 then 26,72


Likely considerably higher by 4/15/21


disclosure: Super long CVM. Its my favorite stock.

VERI - After a monster run VERI has sold off significantly. The price tested long term support at 21.01 and also the 200 SMA . As the MACD crosses and price consolidates at the 0 fibonacci level it appears like the uptrend is just getting started. 70% of shares traded YTD were traded at a higher price than the current price.


A double bottom is possible but I think its headed higher from here.


MFH - 9ema is crossing the 20 ema and the MACD is crossing. The price has consolidated a bit along the 50sma and has been rising steadily .


Id like to see a break of $8.09 to go long.


First target $9. 05

Second target $10.02

Third target 11.16

Also watching: RBBN, CLPS, BBDC, GSKY, NLST

32 views0 comments

Recent Posts

See All

PYPL - The 8/3 gap was filled on 2/1 at 89.63 and tested again. The most recent candles have been relatively large and green closing above the .5 fibonacci level. The 9 EMA crossed the 20 EMA shows

AES - AES made a "golden cross" on 9/1 and the daily candle made a bullish engulfing candle. In addition the Bullish Engulfing candle closed above the (weekly) descending trend line of the triangle. O

DCPH - Price is working its way to the end of the wedge and closed above the 1.61 fib level after pulling back from a bull flag . OBV crossed its 20 day EMA , D+ crossed D- on the ADX and the MAC