
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
Also watching: CDEV, CVM, VERI, GNK, INFI, RCMT, BBDC