
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 . Looking for a day or 2 of consolidation so the RSI can cool off.
targets: 3.46, 4.06
SVRA - Price recently closed above the POC line (YTD) and the 10 ema recently crossed the 20 ema . MACD crossed and the RSI is still pretty cool.
Looking for it to break its descending trend line . Targeting: 1.96, 2.08, 2.26
Also watching: LODE, AMWL, VERI, TNXP, CVM, EFOI, DAKT, CSLT, TMDI