
Picks for 6/23/21
SLCA - The 9 ema crossed the 20 ema and the stock has been trading in a relatively tight range for the last month or so. Currently the price is close to the POC (YTD). Yesterday's candle closed above the 1 level on my fib extension and also the MACD recently crossed. Looking bullish imo.
Target: 13.98 in the short term.
III - I like the recent consolidation at the .23 fibonacci level and the double bottom at $5.45. Yesterday's candle tested 3 fibonacci levels to close above the .382 level. The RSI is still cool and then MACD is curling up. Looking for a solid break of $5.88 to confirm.
Target: 6.32 in the short term
Also watching: CVM, OEC, HLX, SDPI, BRN, POWW, KTRA