
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.
Also watching: DDMG, BGFV, PANL, STIM, LPCN, DARE