Picks for 8/24/2022

LYEL - The most recent candle tested four fibonacci levels and closed at the .618 level. The D+ recently crossed D- on the ADX and the Force Index , long and short term turned positive.


There is bullish divergence with the OBV up while price declined from 8/9-8/23.


Looking for a short term swing trade with a 1.5XATR stop and a target of $8.84


PBFX - Pice closed above the trend line. Could be a breakout day.

Also watching: PNT, CBIO, IMTX

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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