Monday, December 28, 2020

CCH21 Cocoa Mar '21

 

Cocoa is showing a classic 62% fibonacci retracement and a bull flag formation. If the pattern is correct the price projects to 3013. The moving averages and RSI are confirming the bull move.

SPCE Virgin Galactic Holdings Inc

 

SPCE has pulled back to the 62% fibonacci retracement level of $24 which was a previous resistance level, the stock came off over bought levels and is still bullish for now. 4 analysts rate it a strong buy.

TRIL Trillium Therapeutic

 

TRIL has bounced off $12 support level, with moving averages crossing and RSI moving back it provides us with a low risk entry point for the next up move. 6 analysts have it rated as a strong buy with price targets from $14-$24.