Picks for 5/13/21

It looks like a green premarket so far. Stocks trying to rebound after deep red days. I will be watching some tech names for opportunities to add.

NLST - NLST fell victim to the broader sell off yesterday and dropped significantly on no news. The low of the day managed to fill the gap at $1.73 but it managed to rebound to $1.91 which is above the .23 fibonacci level.

It also tested the YTD POC line ($1.86) which represents the price where the most shares have traded YTD.

With an RSI of 39 NLSTis oversold. With major upcoming catalysts this looks like a good adding point. I will be adding significantly at this level but holding back some funds in case it decides to test the 200 SMA .

Target: $2.27, $2.63, $3 short-medium term

ZOM - I would like to add ZOM near the 200 sma for a long swing. I will keep a tight stop just bellow the 200 sma in case it sells off.

TMDI - Is worth watching in the $1.66 range as this has acted as support in the past. I will buy in for a long swing trade if it can establish positive momentum.

Also watching: RBLX, CVM, PLTR, CPRX, GLD, ADT

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