Russell rebalancing and the infrastructure deal should make for a big day in the markets today. Watching some names that are being added to the index today:
ATOS, TRCH, CTXR, POWW, ASAN, GSAT, TRIL, ALT, PRVA
Yesterday's candle tested 3 fibonacci levels to close near the hod and above the .61 fib level. In addition the current price is still relatively close to the POC line (YTD)
I anticipating a strong move to the upside based on the chart and also in anticipation of data release.
Short term target: 27.86
**Disclosure: this is my favorite stock and I am long AF**
BRN - This moved as anticipated and broke and closed above the descending trend line. With a super low float this could really spike with some volume.
MRKR - This has been a beast since I picked it on 5/21 and after a pullback it managed to close above a key fib level (0 at $3.17) and looks ready for its next leg up. Looking for $3.55 in the short term.