And, the posts… Cannabiz —

And, the posts…

Cannabiz — I see heavy resistance in oil WTI @55.00 per barrel and I would sell there. If it breaks 48.00 I would anticipate a lower low. This is way oversold, and there’s plenty of space to store oil in the US, which is a concern for those who fear what to do with the glut. Rigs are closing, etc. and the market is making adjustments as necessary. There are plenty of resources for those interested in following this extremely volatile trading arena. Needless to say, there’s a lot going on with respect to the oil market and its influence is vast. Posted 3 days ago — “Edited”
Cannabiz — If WTI runs through resistance, it’s possible to reach 60. then perhaps 66. Posted 3 days ago
Josey — Then I woke up and ate breakfast :) Posted 3 days ago
Cannabiz — Expect a report to be issued March 4 or 5 for current inventory. Many consider the saturation dire. I think one of my clients Ajit is rubbing off on me, and increasing my willingness to take risks :-))) Buffett says he’s an idea factory. Posted 3 days ago — “Edited”
Cannabiz — You should never skip the most important meal of the day! Posted 3 days ago
Jo B — anyone get in on the OXIS action? Posted 3 days ago
Cannabiz — If we break 48 we will most likely see 45. Posted 3 days ago
Cannabiz — the number of rigs fell 33 during the last week in February to 986. Will inventory follow? Posted 3 days ago — “Edited”
guanito — Not in OXIS. Got a piece of it lower down. Posted 3 days ago — “Edited”
tamaramessmann — EIDO what are the relevant levels please. I am long Posted 3 days ago
tamaramessmann — DO-what are the relevant levels please. I am long Posted 3 days ago
tamaramessmann — PBR- Is there anything perdictive in this pattern yet?Does it look like it will eventually break lower or higher? Posted 3 days ago
tamaramessmann — CIG-Is it 4.79 that must be recovered in order to say a recovery may have begun? Posted 3 days ago
tamaramessmann — EAPH levels please? Posted 3 days ago
casjf — DEWM – did go up quite a bit yesterday, but has pulled back to the 61.8% level from yesterday’s high & low. Is this a good spot to get in, or is this still considered ranging between levels? Posted 3 days ago
Rod David — EIDO — There has been a lot of focus on 28 resistance. Meanwhile, uptrending support is sneaking up from below, while volume contracts. A break higher that tests 28.75 without a second consecutive higher close would be suspect as a temporary false breakout. Meanwhile, breaking back under 26.75 on expanding volume would simply launch a new downleg. Posted 2 days ago
Rod David — DO — Having returned to the lows, a probe of new lows is all but required, at least down to 26.75. But the accumulative behaviors during the current trading range suggest that a fresh low would be only temporary, and recovered back to fresh highs. Posted 2 days ago
Rod David — PBR — Its consolidation has formed a Descending Triangle, which should break lower. But the number of overlapping legs in the pattern suggests that a break lower would be temporary. Still, I would consider buying a recovery back into this range from below, and not try knife-catching Posted 2 days ago
Rod David — CIG — The trigger for a recovery isn’t yet known, since no accumulative pattern has formed. This is still a downtrend, a series of lower lows and lower highs. Posted 2 days ago
Rod David — EAPH — .013 support, and then .009. Back above .026-.028 would signal momentum reversing up. Posted 2 days ago
Rod David — DEWM — That 61.8% retracement is within a consolidation that began from last week’s highs, so it’s less relevant. A good example would be the 2/27 reaction down from 2/26’s surge Posted 2 days ago
Josey — Rod – does your crystal ball show you ARNA to 3.50 or 3.00?? :) Thank You! Posted 2 days ago
tamaramessmann — REGN- is it time to buy yet? Posted 2 days ago
Rod David — ARNA — Closing under 4.15 is next targeting 3.60 Posted 2 days ago
Rod David — REGN — The pullback objective was met, and an aggressive strategy might consider trying to catch the falling knife. But that strategy should also employ a tight stop-loss, too, in case the downleg were to extend. Closing back above 420.50 would signal momentum reversing back up. Posted 2 days ago
KiteGradient — I think I recall you saying you don’t like to buy cascading moves, but is there any similarities to ERBB and SRNA and how do those patterns typically resolve? Posted 2 days ago
Rod-David — They’re different… SRNA has been a long-time poster child for ongoing downtrends and the basic principle that the sporadic expanding volume was distribution. ERBB has been a long-time massive descending triangle that has finally broken lower, but it’s still a type of downtrend. In either case, I would wait for bottoming action before considering whether to buy. But a bigger problem is that these downlegs (ERBB especially) seem to be extending and even accelerating against the backdrop of good news. That’s always a red flag. Posted 2 days ago
KiteGradient — Very nice. Thanks Posted 2 days ago
Miss Kitty — Rod, what do you think of the strategy of placing a limit order on ATTBF at support of 0.093 and on MCIG at support of 0.087 in anticipation of a bounce if/when they hit the limit order? What are the pros and cons of such a strategy? Posted 2 days ago — “Edited”
Rod-David — That’s definitely one strategy I’ve heard being applied to the Universe data Posted 2 days ago — “Edited”
Cannabiz — Is YUM now on the watch list? One of my weaknesses I allow myself to indulge in but once a year. http://marijuanastocks.com/yum-serving-up-marij… Could it be all that oil they use? Posted 2 days ago — “Edited”
Cannabiz — OXIS…. nothing builds confidence like a HOD close. Wolf sure is an effective pumper. Posted 2 days ago — “Edited”
Cannabiz — Shocking. http://www.kltv.com/story/28244312/rep-david-si… I advocate indifference to a company’s potential, employing strict ambivalent chart reading, and keeping the vetting of management a priority over an particular news story. UWTI selling @ 3.10 in extended market hours. I only hope there’s no gap to contend with in the morning to the upside. Posted 2 days ago
Jo B — ROD. good luck thlis morning on the Benzinga pre market show. I hope there’s a recording cuz I have to go to work, but break a leg sir!’ Posted 2 days ago
Rod-David — Thanks! I’ll send the recording’s link when available Posted 2 days ago
casjf — I’ll be there and I second Jo’s good wishes for a good show and a good outcome for new subscribers! Posted 2 days ago
Josey — Looks like Gold is wanting to retest Posted 2 days ago
Cannabiz — People in the sector need to understand a subscription to a technical analyst service is mandatory, unless they are educated in chart reading themselves. UWTI gapped up today, so I sold at the open. I hate gaps in any direction. Posted 2 days ago
Miss Kitty — TRTC has broken support at 0.213 intra day. What would be a buy signal for it? Posted 2 days ago
Cannabiz — I’m still anticipating RD’s call of .09 potential for TRTC before I take it seriously. Posted 2 days ago
Josey — +1 / Posted 2 days ago
Cannabiz — If people recognized the pain they’d be spared having a service like this in their back pockets, subscribers would rush in. Posted 2 days ago
Rod-David — TRTC — No buy signal. There’s some interim support, but recall that this pattern has room down to .09 Posted 2 days ago
Rod-David — Cannabiz — ;) Posted 2 days ago
Cannabiz — UWTI – Gap filled, but still patient and not ready to rush in…. yet. RD I am no longer a subscriber to 420i. Otherwise, I’d be spreading the word. People would recognize the position they’ve put themselves in if they were a member here. Still, traders need to trade and your decision to cover non-pot stocks was a smart one too. I don’t see how people can go wrong, especially those novice investors that are in such dire need for some direction and objectivity. Posted 2 days ago
Cannabiz — I should add that I believe Alan does a stellar job with the service, and only made the decision to leave for reasons stated previously about the sector as a whole. I’d prefer receiving clues from you as to when to participate in any pot stock first, rather than anticipate a story having an impact. I think it’s better to be prudent within the context of such an infantile universe. Posted 2 days ago — “Edited”
casjf — NLNK – Holey moley! (Tech speak for this baby is STILL going up.) Rod, need a reminder to sell some when it hits $50 so I don’t get too piggy. Do you agree? Posted 2 days ago
Rod-David — NLNK — After correcting about 25%, another upleg took off. So long as 41.85-42.15 now holds as support, the next higher objective is 50.50 Posted 2 days ago
Josey — Rod could you do a health check on CLDX. It has hit its target. What would be the next target up and also support?? Thank You!. Posted Yesterday
fennecby — so did alerts start Monday, or what? Posted Yesterday
Rod David — Testing of the new lifelike order types began yesterday. Posted Yesterday
DSpenc — Sorry if this has been answered, but should we have received anything during the testing? Posted Yesterday
casjf — ISIS – Coming back. $71.75 target still in view? Same thing here: take the money & run if so? Posted Yesterday
Cannabiz — UWTI – showing recovery strength again. The volatility is incredibly advantageous to short term traders. Happy to see the gap filled. Posted Yesterday — “Edited”
Rod-David — The testing is taking place on test servers, so no one should have received anything yet Posted Yesterday
DSpenc — thank you Posted Yesterday
Rod-David — ISIS — The recovery seems intact, Potential to new highs so long as 68 now holds as support Posted Yesterday
fennecby — How does BLRX look to you, Rod? Posted Yesterday
casjf — ERBB – you were right, but I didn’t have the guts to buy in. Too late now? Or is there a good pullback price? Posted Yesterday
casjf — ERBB – never mind, not going there… Posted Yesterday
Rod David — BLRX — Important resistance being tested now at 2.96. Next higher resistance above it is 3.23, whose recovery would target 4 Posted Yesterday
Rod David — ERBB — Having tested .009 support, resistance is now .011-.012. Posted Yesterday
tamaramessmann — VIAB- what are the relevant levels please. I would like to establish a long position? Posted Yesterday
fennecby — thanks.
any reason to think this is going to be THE low on BABA? Posted Yesterday
Rod-David — VIAB — Interesting inverted Head & Shoulders pattern at the recent low. Its 70.60-71.95 targets have been met. Closing any higher would make 77.70 likely Posted Yesterday
Rod-David — BABA — A long way off from signaling the bottom has formed. Posted Yesterday
casjf — TKMR – I know you said you didn’t want to follow this anymore because of the merger, but thought I’d ask anyway :) What is a good pullback level for a purchase given how this ended the day? Posted Yesterday
tamaramessmann — TUR what is the next support level and the other relevant levels? Posted Yesterday
Cannabiz — Thanks again for covering UWTI. I see we’re heading in the right direction having closed nearer 3.30 as mentioned in the recent Livestox. It’s a tease close at 3.29, Nice gains to be had day in and day out. Posted Yesterday
Rod-David — TUR –Next lower support is 42.00-42.40 Posted Yesterday
Cannabiz — UWTI = on the rise again this morning! Careful if sweet crude reaches 54 level with much resistance there. Breaking 48 means 45 next. Posted Yesterday — “Edited”
Cannabiz — …. and already an attitude shift to the negative. With extreme volatility, one must have the patience and tenacity to maintain a steady persistent watch. Posted Yesterday — “Edited”
Scotty B — Good morning Rod: FSLR has been good to me. Now I am looking at SCTY. Looks like an almost perfect Fib retrace and gap fill from 60 down to 49. This morning looks like accumulation starting to take place. I am not long yet, but looking this morning to go long. Does it look like the pull back is complete and accumulation under way? Thanks. Posted Yesterday — “Edited”
casjf — Scotty B +1 Posted Yesterday
Scotty B — I could not wait for Rod’s response. I picked some up at $50.05 Looks like accumulation to me. Posted Yesterday
Rod-David — NTRR — Having dipped to its prior low at today’s open , the patttern is no longer under consideration as forming an Ascending Triangle Posted Yesterday
Rod-David — SCTY — Back above 51.85 and 53.05 would increasingly signal the pulback from last month’s highs is complete and reversing up. Until one or both, extending the downleg would next target 47.35-47.70 Posted Yesterday
casjf — SUNE – support & resistance? Posted Yesterday
casjf — NLNK – Kerching! Sold some NLNK at $50.06. Thank you Rod for introducing us to this ticker!! Posted Yesterday
Josey — Any word on CLDX? Thank You! Posted Yesterday
fennecby — what does MCIG need to do for this bounce to be longer-termish? Posted Yesterday
Rod David — CLDX — Weird, I answered this yesterday but can’t locate it in the feed… Volume patterns confirm the trend’s momentum remains intact. Above 27.05 would target 31.45-32.80… Now 27.05 has been probed. So long as it holds through the close, the higher attractions are in-play. Posted Yesterday
casjf — MNKD – support & resistance Posted Yesterday
Rod David — SUNE — 21-25 support, and under 20.40 signals momentum reversing down. Next resistance above 23.70 is 25.50 and 28.35 Posted Yesterday
Rod David — NLNK — Must close today above 48.50 for optimal confirmation that the rally’s momentum remains intact Posted Yesterday
Rod David — MCIG — Gapping open above yesterday’s highs is one way to reject its break. Closing back above the .132 prior support and above the .143-.144 prior highs would be helpful, too. But a signal session won’t be able to signal a reversal. Posted Yesterday
Rod David — MNKD — support begins at 5.55 and extends down to 5.11 before suggesting this ongoing decline is targeting new lows. Meanwhile, losing back above 6.70 would be the first opportunity to consider whether the decline has ended. Posted Yesterday
Brett-ster — BITCOIN – any discernible pattern? Posted 22 hours ago
Rod-David — Bitcoin — Big triangle formed off of January’s low, and started breaking higher last week. Potential to 297 or 315 Posted 22 hours ago
Josey — BTU breakdown, fresh low’s on the horizon? Posted 22 hours ago
Rod-David — BTU — Touching 6.40 and then bouncing back above 7 ould reverse the trend back up, and probably sharply. The current dip has come within a nickel of the pullback objective. Posted 21 hours ago
tamaramessmann — ECA- what are the relevant levels Posted 20 hours ago
Rod-David — ECA — The next lower target is 10.93 Posted 20 hours ago
tamaramessmann — AMGN- is this a decending triangle that will probably break lower first and the move higher? Posted 20 hours ago
KiteGradient — Rod, where in your estimation does IRET need to close to avoid 7-7.25 or below? Thanks Posted 20 hours ago
Rod-David — AMGN — If drawing a trendline from December’s high, that might look like a descending triangle. I don’t think that’s the pattern, though, because volume has not contracted throughout. A break above 162 has potential to new highs Posted 20 hours ago — “Edited”
Rod-David — IRET — I’m not sure anything can avoid that at this point. The trend is definitely down. Posted 20 hours ago
Jo B — OXIS on the move up today. glad i didn’t sell it all. Posted 20 hours ago
tamaramessmann — VIAB levels please? Posted 20 hours ago
guanito — Yeah I paid up for some. Looks like a trend? Posted 18 hours ago
Cannabiz — h Posted 4 hours ago — “Edited”
Rod-David — Cannabiz — does your inverted H&S date back to Jan 13 as the left shoulder? Posted 4 hours ago
fennecby — Morning Rod. Would you mind looking at a British chart? PLUS500 (in London) – just broke and held the year ago high on healthy volume. Where do you see short- and mid-term resistance? I’m in on fundamentals, after a strong report, @607. Is the distance from the double bottom @~360 relevant to computing an ultimate target? Posted 3 hours ago
Cannabiz — I guess, yes it does. Am I calling it correctly? TIA Posted 2 hours ago
Cannabiz — I had been anticipating a pullback in order to buy and take advantage of a swing. Meaning I prefer to buy under 3.00, which I am allowed to do this morning pre-market Posted 2 hours ago — “Edited”
Cannabiz — A double edged sword is that I am taking on a new professional project that is large in scale and will not be able to monitor this as frequently. Hopefully, the bottom formation will solidify soon. Posted 2 hours ago
Miss Kitty — Livestox today, Rod? Posted 2 hours ago
Cannabiz — I understand there are many factors influencing the price of crude, the relative strength of the dollar, inventory levels, etc. I think traders are figuring out that a bottom is forming, even though indicators are showing the trend has not yet reversed. Posted 2 hours ago — “Edited”
Rod-David — NOON HOUR LIVESTOX Posted an hour ago
Josey — Rod – Thoughts on BAS. Chart’s seem picture perfect, even volume, low on the sell side and higher on the buy day’s. Good entry price?? Posted an hour ago
guanito — NRTI showing some life. MINE seems to have died (for the time being). Posted 58 minutes ago