Premarket is red across the board as inflation numbers are worse than expected. Watching gold and gold miners and some recent picks.
GLD - This has moved as anticipated since my pick on 4/30. I expect to see it outperform in the short term.
CVM - Big bullish engulfing candle yesterday. I'd like to see a close above 21.72
ZOM - Looks like a reversal if the broader market doesn't pull it down. Price made a double bottom at .72 and is currently well bellow the YTD POC line (.958). The RSI is in oversold territory and the MACD crossed on 4/26.
In addition the price is hovering at the 200 SMA and appears to be a low risk entry for a long position.
I would like to see it close above the 200 sma to but in.
Target: .96, 1.29, 1. 40, 1.81
Also watching: CERC, TGB, NLST