
Picks for 7/9/21
CNP - Yesterday's candle tested two fibonacci levels to close above the .382 level. Also the MACD is crossing and the 9ema is also crossing the 20 ema showing a strong short term up trend. The RSI is still cool.
I think CNPwill return to its prior highs sooner than later.
Targeting: $25.81, $26.16
USWS - USWS has made higher lows since April and recently had a MACD cross. The price close to the POC line (YTD) and the rsi is still relatively low. Yesterday's candle is very bullish making a bullish engulfing candle. It also tested to fib levels and closed just under the .382 level. I'm looking for this to move up the fibonacci scale for a long term swing trade.
Targets: 1.23, 1.32, 1.44, 1.60
Also watching: III, VRPX, NLST, DPLS, UMC, AGEN, PNNT