Picks for 7/21/2022

KIND - Price has tested the up trend several times in the last week and closed at the POC (point of control), the level at which the greatest volume of shares has traded in the last 12 months. The most recent close also tested the .23 fib level.

The Force Index turned positive and the MACD appears to be inching up preparing for a cross.

I want to see the price close above 3.48 and with that anticipate a break out of the wedge .

targeting: 4.10 in the short term

ASC - This has reached my target in 2 days and I will watch for a double top. If it can move beyond 8.24 with some strong volume it will likely see 9.32

ZY - First target has been reached and it closed above my resistance point. I feel as though this is part of a bigger long term rally. Still bullish with 2.43 second target.

Also watching: ZOM, COUR, SIGA, III, ALHC, TAC

14 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

CNP - Price closed above the (weekly) trend line in addition to breaking out of the rising wedge on the daily. The close above 1 Fibonacci level and 32.67 (prior resistance) is a bullish signal, espec

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