
Picks for 5/14/21
Premarket looks green across the board. I anticipate a green day today but I am not convinced that the tech sell off is over.
I will be looking at QQQ puts because I think QQQ will test it's 200 SMA in the short term.
TMDI - TMDI is oversold with an RSI of 38.7. I am looking for an entry at $1.41 which is also at the 200 sma . This would make a double bottom setup and would signal a buy for a long swing.
Targets: $1.81, $1.93, $2. 05, $3.08
MDRX - This has moved as anticipated since 5/10 and I expect it to continue moving higher.
Also watching: NMTR, CVM, NLST, RBLX, LGY, JMIA