Search

Picks for 6/25/21

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



CVM - Short term trend lines are crossing over as did the MACD . The RSI is still low considering the move up in the last week or so.


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.


38 views0 comments

Recent Posts

See All

Picks for 12/7/21

CNDT - MACD is crossing and the price has consolidated for several days at the 4.96 level, which has acted as a key support/resistance level in the past. The most recent candle tested the uptrend lin

Picks for 12/6/21

AAPL, WBA, SXOOF NLST - Market overreaction to the case vs Samung may create an opportunity to add shares.

Picks for 12/3/21

CDEV - It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal