WEEDKILLER420Picks for 7/26/2022
BMBL - We see higher lows since March and the ADX at 26 indicates the start of a strong trend.
The Force Index curling up shows building momentum. Price tested the .38 fibonacci level and closed just under the descending weekly trend line closing as a bullish pin bar .
In addition the 20 EMA is crossing the 200 MA and the 50 MA is rising and will likely form a " golden cross".
The confluence of all these bullish signals points to a rally.
target $41.95, $46.72
AORT - We see higher lows since mid may and in recent weeks some consolidation in the $18-$20 range. Price recently tested short term support at 17.95 and rebounded testing the .61 fibonacci level.
Several bullish signals:
1. MACD cross
2. D+ crossing D- on the ADX
3. On balance volume confirming price
The most recent candle made a potential double top so I would like to see an increase in volume and a close above $20.10 to initiate a swing trade to the long side.
targeting: 21.37, 22.99
GSAT - Selected this last week and it has yet to reach the target but the most recent candle tested the .61 Fibonacci level and the trend line. Still bullish targeting: 1.50 , 1.82, 2.03
ASC - This hit my targets after I selected it last week. The chart remains strong most recently closing above the .78 and making a bull flag. New target $9.45
Also watching: RCAT, LVO, ACLX, XBI