Picks for 6/9/21

Updated: Jun 10, 2021

NLST - I have been long NLSTfor about a year and I try to add whenever I can.

I am liking the current set up. Price has been consolidating in the low $2s for about a month and with the MACD creeping up and the RSI at 52 it looks like NLSThas room to run. Yesterday's candle managed to close above the .23 fib level and the 10 ema is getting ready to cross the 20 ema .

Target: $2.27, $2.44, $2.61 short term

SLS - Yesterday's (6/8) candle took out two fibonacci levels to close above the .38 fib level. The set up resembles a jacked up cup and handle . After a healthy retracement from its recent high I am looking for a move up the fibonacci scale.

target: 11.85, 12.19, 12,70, 13.35

PAGS - Yesterday 's (6/8) candle made a "hammer to close. Consolidation is likely given the RSI is approaching overbought levels, but today's open will be a tell.

I will look to add between the POC (48.70) and the .23 fib level (49.33). If tomorrow's candle gaps up or makes a strong move to the upside I believe 56.5 will be in play before PAGS takes a breather.


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