Picks for 7/18/22

ZY - Price closed at the upper end of its 3 month trading range after making a double bottom . The most recent close tested the descending trend line and closed above the 1 fibonacci level.

ADX is sloping up and the Force Index 3, 13 are both positive.

Watching for price to hold above 1.94 and close outside of the descending (weekly) trend line for a long swing entry.

targeting: 2.12, 2.43, 3.23

GSAT - I like the recent MACD cross and close on the .61 fib level. Also the most recent candle although red is a bullishhammer that closed outside of the wedge .

Targeting: 1.50 , 1.82, 2.03

Also watching: ASC, ALHC, KIND, COUR, NILE, SIGA

50 views0 comments

Recent Posts

See All

PYPL - The 8/3 gap was filled on 2/1 at 89.63 and tested again. The most recent candles have been relatively large and green closing above the .5 fibonacci level. The 9 EMA crossed the 20 EMA shows

AES - AES made a "golden cross" on 9/1 and the daily candle made a bullish engulfing candle. In addition the Bullish Engulfing candle closed above the (weekly) descending trend line of the triangle. O

DCPH - Price is working its way to the end of the wedge and closed above the 1.61 fib level after pulling back from a bull flag . OBV crossed its 20 day EMA , D+ crossed D- on the ADX and the MAC