Picks for 8/12/21

GGB - The most recent candle was able to break the descending trend line and also close over the .38 fibonacci level. It also closed in a bullish pin bar . The RSI is still low.

Looking for a move up the fib scale. First target $6.32. $6.54 and eventually $7.27

IRWD - MACD crossed and the most recent candle tested 3 fib levels to close above the .78 level.

I like that the price has closed above the descending trendline for the past week or so.

Looking for a pullback to the 13.39-13.58 to consider averaging in.

$15.24 short term target, $17ish in the medium term.


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