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 just under the .23 fib level which is also resistance ($1.35).

The price is still well under the YTD POC level and this looks like a buy on the break of $1.35

First target $1.59

Second target $1.96

Third target $2.56

JMP - I like this chart. The most recent candle was is bullish engulfing and the MACD is crossing. Stock recently broke out of its descending trend line and tested the .38 fib level. Considering a long swing position over 6.53. Targeting $7, $7.70


19 views0 comments

Recent Posts

See All

Picks for 12/7/21

CNDT - MACD is crossing and the price has consolidated for several days at the 4.96 level, which has acted as a key support/resistance level in the past. The most recent candle tested the uptrend lin

Picks for 12/6/21

AAPL, WBA, SXOOF NLST - Market overreaction to the case vs Samung may create an opportunity to add shares.

Picks for 12/3/21

CDEV - It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal