Picks for 9/18/20

I like the NLY chart for a potential swing trade to the long side. TheMACD cross and the close above the .618 Fib level in recent days looks bullish. Also, the breakout of the down trendline looks good.



PRTY looks like its ready to break out. This could be a longer term COVID "reopen" trade.


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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