Picks for 9/23/21

VERI - I like the double bottom that happened in May and July in the $16.50 range and the test of 22.50 that failed but made a higher low.


Coming off the higher low the price has moved steadily up the fibonacci scale and current candle closed above the POC line (ytd)


I am looking for a break and close above the descending trendline to go long. $22.10 may give some resistance and $22.58 is the key level. A break of this level will avoid a multiple top, which would be bearish in the short term as it would likely cause a significant retracement.


Targeting: $23.40, $27.18 in the short term.

EVC - Probably one of the best charts I have seen this year. The most recent daily candle took out two fibonacci levels and closed over the .5 fib level. In addition the MACD is curling up and should cross soon.



I think this will see some resistance at $7. 40and then continue to $7.81


targeting: $8.26, $9.54 by end of year.

CVM - Looking for CVM to hold $11.80 for a potential rally higher in the short term.

Also watching: HDVY, NLST, SOFI, KPLT, LUNG

20 views0 comments

Recent Posts

See All

TG - Originally picked this on 2/17 and after hitting my target it has retraced and appears to be setting up again with a recent MACD cross and close above the .5 fib level are very bullish . Also h

EXTN - Hit my prior target ($7.36) in 15 trading days. I remain bullish and up the target to $8.09 Also watching: AUY, BKR, ARKO, FTI, TG

ELMD - We see a series of higher lows since November 2020 and a recent break out above the descending trend line on the weekly chart ( wedge ). Also the MACD is crossing over and momentum recently c