Picks for 5/24/21

MRKR - This is currently my favorite set up. It has moved as anticipated since I picked it on 5/21. On Friday it tested it's descending trend line and closed above its .61 fib level. It looks strong in my opinion.

ZSAN - It looks like support was found at the .694 level which was acted as support and resistance over the last year. MACD crossed and the RSI is very over sold at 37.4

Friday's candle tested two fibonacci levels to close above the .23 level.

I'd like to see a close above .78 fib level to confirm an up trend.

Target: .83, .92, $1 in the short term.

GAU - Friday's candle gapped up and tested 2 fibonacci levels to close in a bullish pin bar above the .61 fibonacci level just bellow the descending trend line .

With the MACD crossing and the RSI rising this is looking very bullish IMO. I'd like to see a break out of the wedge at the $1.36 level to go long for a swing trade.

$1.41, $1.66 target short term


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