Search

Picks for 5/21/21

INTC - I typically don't buy mega caps but I like the chart here and names like INTC that fall out of favor seem to make big come backs with some good news.


With an RSI of 41 INTCis clearly over sold. In addition the price has consolidated near the 200SMA for several days and the macd crossed.


I like the slight gap up yesterday to close above the 9ema


Targeting 57.66 then looking for it to move up the fibonacci scale.


MRKR - The 9ema is crossing the 20 ema and the MACD just crossed. I'd like to see the price break the .50 fibonacci level to enter for a long swing.


Target: 2.74, 2.99. 3.30

EDAP - This moved as anticipated yesterday and I will add with a stop at the 200SMA.

Also watching: VERI, PAGS, CERC, CVM, NLST, PLTR, TMDI

17 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