Picks for 8/17/2022

COLD - This has been one of my favorite REITs for a while. I like the dividend growth and that it's a specialized REIT that is in the cold storage space which is a necessity in the logistics chain.

Since bottoming in May we see a series of higher highs and higher lows and recently some consolidation in the $31.4 range.

I am looking for a dip to the .78 fibonacci level to initiate a long position.

target: $33.02, $37.81

SLI - This may have found support after retesting $5.79 (.78 fibonacci level). Target remains $7.33

XAIR - After hitting my target XAIR has pulled back to the .78 fib level and may consolidate a bit before making the next move higher.

Also watching: BMEA, XBI, ARKO, VERI

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