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

20 views0 comments

Recent Posts

See All

Picks for 6/11/21

KTRA - Short term MAs are crossing the longer term MAs and the MACD is rising. I like yesterday's candle retesting the 0 fib level m testing the .38 level and closing above the .23 fib level. Looking

Picks for 6/10/21

AVTR - Yesterday's candle held most of the prior day's gain and closed above the .5 fib level. The MACD recently crossed and the RSI is still relatively low. Looking for the .5 fibonacci level to ho

Picks for 6/8/21

TRCH - I like the recent consolidation at the .38 fib level and yesterday's gap up to open after the prior day's bullish pin bar . Yesterday's price closed above the .5 fib level which is bullish . Lo