Picks for 5/12/21

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


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