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

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