Picks for 8/11/2022

QQQ - Made a call yesterday for $329 but I think I was a day early. With markets set to rally I believe 329+ is a given today. The most recent candle gapped up to open and closed above the trend line which is very bullish.



AMWL - The most recent candle made a hammer after testing the descending trend line and the .786 fibonacci level suggesting that 4.95 may act as support. Watching for a move (with volume) over $5.26 for a possible add.


ZOM - Holding a long swing trade in this. The most recent candle made an inside bar which is a bullish signal. Looking for an explosive move up.


Also watching: XBI, VERI, SBUX, AORT

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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