Picks 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

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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