Bigger Picture

?Following are the stocks in order that were reviewed during this morning”s Livestock. The MP4 is uploading now, but the ?Flash file recording is available here:
https://roddavid10.mitel-nhwc.com/join/pcxsmrr

NLNK, LAKE, TKMR, MCIG, INSY, SPRWF, VAPE, STEV, GWPH, TRTC, ATTBF, CLR, MBLY, DNR, GSK, BITA, SLCA, GLNG, PCLN, NXPI, AMBA, GLUU, NFLX, TSLA, GOOGL

5-minute delay to starting Livestock…
Livestock starts at 10:50 ET. Login info:
(iPads and Tablets use the accompanying teleconference info to get audio.)

https://roddavid10.mitel-nhwc.com/join/pcxsrhm

optional teleconference instructions (required for iPad and tablets):
1-605-562-0020
Meeting ID 976-912-682 #

Livestock is at 10:45 ET this morning. Several high-profile MJ stocks are behaving very interestingly, just in time for potential lows ahead of January Effect rallies. We”ll discuss those candidates, chart the support and resistance for several ebola-related stocks, and also high-profile momentum stocks that are being battered. The entire meeting should last about 45 seconds,* so please don”t be late. (*There”s a chance it might last closer to 30 minutes. But that”s no excuse for tardiness.)

Following is the collection of my posts to yesterday”s threads:
TRTC — Attacking the .24 pullback target… Closing back above .27-.28 would start to signal the pullback had held and started reversing up. But the pullback must hold .24 to avoid targeting new lows at .175
NLNK — Testing its 28.80 target. Closing above it would put into play 31.25 and potentially 35.
VAPE — Testing the .90”s, which must hold to avoid putting into play .65. Regardless, a bounce has room up to 1.25 before beginning to signal momentum reversing up.
SPRWF — Probing fresh highs already today, after yesterday confirmed Tuesday”s breakout, with potential to .47 so long as .42 holds as support.
INSY — Probing positive territory after the open”s dip into negative territory.
NLNK — now having tested 33, today must close above 31.25 to maintain potential to 35.15. This is the third day of high-volume surging, so the move has picked up a lot of weak hands who will add downside pressure if there”s more than a little bobble.
MCIG — Held above .18-.19 for second consecutive session. Back above .25 would signal a new upleg underway, to be more productive than the recent one that peaked at .32. Closing under .18-.19 anyway would be bearish.

$NLNK $TKMR House Committee Chair in FDA grilling just urged stepping up ebola vaccine research. Stocks not reacting like they did when one of the committee”s witnesses urged the same in her opening remarks. That suggests everyone may be in already for this leg.

[Flash file version is linked here]

Wednesday”s post-close Livestock Unlimited covered the following stocks in the following order, and made the following points while describing the following charting and technical analysis techniques…

VPOR — Slow-playing the inevitable new low is only exacerbating it, targeting .004.

VAPE — Would like .85-.93 to hold, but back above 1.43 would signal the recovery already underway.

GWPH — Trending is “lower lows and lower highs,” and it remains intact after fulfilling my lower 65 target. Gap up Thursday above 64 would form an Island Reversal targeting 70, but the trend otherwise remains down.

MCIG — Tested .18-.19 as support intraday and closed back above both. Maintaining at least that much of a recovery Thursday could form a very durable low.

TRTC — Still targeting .24 unless .34 were recovered first. Next lower target would be .175.

AGTK — Close above .127 would confirm .07 support had held.

STEV — Closing above .0935 would all but ensure recovering .10, too. Otherwise, potential to .05 as the brief target of a Complex Head & Shoulders.

TKMR — 24.50 resistance continues to be relevant, and probing it on expanding volume should be very bullish.

TAUG — Nothing new, still targeting .11-.12 unless first closing above .0202 and .022

ATTBF — Retraced just a little too far to avoid probing new lows, however temporarily.

SPRWF — Tuesday”s breakout was confirmed Wednesday, allowing the rally to rest on its laurels and conserve its energy. Extending higher too quickly might work against it.

INSY — Reviewed the bullish setup I had described during trading hours on the Activity Feed. The afternoon extended higher. Closing higher Thursday would confirm 45.70 back in-play.

NLNK — Reviewed the bullish setup I had described during trading hours on the Activity Feed. Extended higher into the close.

BITA — Lacking volume that might confirm a low is forming, but back above 80 would be bullish.

HAR — Timing of the origin of current downleg suggest analysts covering the stock are concerned with how the quarter is coming in.

LAKE — Can”t answer whether it”s too late to buy, but it”s certainly not an optimal spot in the chart.