As S&Ps test prior highs,
As S&Ps test prior highs, price action through tomorrow”s close will be critical in forecasting the next significant market move. The upside potential is less defined, but the downside can become aggressive if the noon hour isn”t entered much higher. There”s no Livedesk Unlimited this week (i.e. today), so post your stock chart analysis requests to this thread in the Activity Feed.
I reviewed the following stocks during yesterday”s Livedesk:
BRDT — Not the sort of pattern that reverses up substantially immediately, but should try.
EDXC — Still on-track for fresh lows at or under a nickel.
VAPE — Needed to close above at least 2.37 to suggest sellers were absorbed.
VPOR — Retesting prior low, so must recover its .055 interim high for a bottom.
MDBX — If short, be careful of a bounce, which in this stock tend to be substantial.
TAUG — Retesting prior low, which is bearish after last week”s failed bounce.
NVLX — No bottom-fishing, still on-track for .215 and lower.
CBDS — This is not a bullish ascending triangle.
SPRWD — Probing fresh lows after rejecting Monday”s bottoming attempt.
MCIG — All but required to retest May”s .34-.35 prior low.
ATTBF — Explained the potential recovery patterns needed to avoid fresh lows.
AGTK — Probing fresh lows.
MJMD — Vulnerable to big temporary bounces as so much selling volume already satsfied.
GWPH — Almost any higher close would confirm 117 in-play, must hold above 97.
STEV — Has retraced too much back to .11 not to also probe above it.
CNAB — Doubled off of my .89 support… Stocks that double often become triples.
TKMR — Still testing support.
NLNK — Still testing support.
