Picks for 8/4/2022

LVO - Recent MACD cross and two big green candles in a row which took out the .78 Fibonacci level and broke above the descending (monthly) trend line .

ADX at 56 and the D+ curling up suggest strong bullish momentum.

This could pull back a bit and test the .78 fib level before going higher.

Targets: $1.43 (resistance), $1.86

AORT - Pick from July 26 moved as anticipated. The double top was avoided and a new fibonacci level taken out. $22.99 target stands.

ZOM - First target reached. Next stop .3655

Also watching: BABA, VERI, XBI, NLST

7 views0 comments

Recent Posts

See All

XAIR - XAIR has formed a giant bullish pennant with the price closing just under the. 38 Fibonacci level . Bullish divergence can also be seen as the OBV remained flat (slightly positive) while the pr

EZPW (Short) - EZPW rallied into earnings and spiked after beating EPS. This has been on my watch list as a long idea for a while and fundamentally I like it. Technically, however it appears overbou

DCGO - Looking at a possible swing trade. Price took out the .618 Fibonacci level on relatively high volume and by doing so also broke up out of the wedge to close above the 200 MA. The short and lo