Picks for 8/19/21

Looks like a red day so far in the premarket. Laying low and mostly watching today.

GLD - Current price for GLDis near the POC Line (YTD) and the MACD is crossing over. The most recent daily candle tested the .23 fibonacci level and closed just under it.

Given the uncertainty with covid, the markets being at all time highs and inflation I cannot think of a reason why goldshould not rally from these levels.

Targeting $178.84 in the short term and a possible all time high later this year or early '22.

Also watching: WORX, SQQQ, SPXU

3 views0 comments

Recent Posts

See All

Picks for 12/3/21

CDEV - It looks like it could be in the early stages of a reversal as the most recent candle tested the 200 sma and closed above the .50 fibonacci level. A tight stop is necessary until the reversal

Picks for 12/2/21

Premarket looks mixed and given the recent market dip I will wait to see where things are headed. Watching: TGB, SXOOF, NLST www.tickerstickers.net

Picks for 12/1/21

EGAN - The most recent candle tested 2 fibonacci levels and closed above the .23 level and also above the 9 ema . The MACD is curling up and the D+ indicator is crossing the D- on the ADX . Targeti