Bigger Picture – Page 574 – If, Then… Market Timing

The Universe, week of June 23 2014

By Rod David | June 22, 2014 - 11:53 am

Several highlights:

AERO surged right to its 5.85 resistance. Its low volume inhibits me from spotlighting this on Open”s Interest. But the pattern is no less potentially bullish.

AGTK current volume here is also inhibiting. But almost any strength on expanding volume would be likely to extend.

VRCI (formerly RAGO) has bounced on expanding volume back up to the underbelly of the previous consolidation, almost to where its symbol was changed.

Marijuana Stock Technical Trader”s Universe for June 16, 2014
Reference this table and its video during stock reactions
4-week	# up:	9	11.54%
trends*	# flat:	33	42.31%
	# down:	36	46.15%
*The percentages of stocks rising or falling over 4 weeks.

symbol	support	resistance	4-week trend
AEGY	n/a	n/a	n/a
AERO	5.230	6.600	up
AGTK	0.220	0.330	flat
ANAS	0.003	0.005	flat
ANYI	0.015	0.050	down
ARNA	6.000	6.550	down
ATTBF	0.395	0.520	down
AVTC	2.050	2.500	down
BIMI	n/a	n/a	n/a
BLPG	n/a	n/a	n/a
BRDT	0.350	0.550	flat
CANN	9.750	16.200	down
CANV	14.650	17.900	down
CARA	15.650	20.000	up
CBDS	4.800	8.150	flat
CBIS	0.108	0.154	flat
CNAB	0.540	1.360	down
CTCO	0.650	1.500	flat
CYBK	0.025	0.060	flat
DEWM	0.004	0.008	flat
DIGP	n/a	n/a	n/a
EAPH	0.015	0.041	down
EDXC	0.074	0.165	flat
EGRVD	n/a	n/a	n/a
ENDO	0.020	0.048	flat
ENRT	0.110	0.215	flat
ERBB	0.022	0.040	down
EXMT	0.003	0.008	flat
FITX	0.046	0.085	down
FRTD	n/a	0.008	down
FSPM	0.550	2.440	down
FULL	7.500	8.840	down
GBLX	1.300	1.950	down
GRCU	0.013	0.022	up
GRNH	0.200	0.430	flat
GWPH	86.750	96.000	up
HEMP	0.040	0.066	flat
ICBU	0.039	0.076	flat
IGRW	0.030	0.046	down
INSY	28.350	34.100	up
ITNS	0.009	0.014	flat
LATF	0.003	0.007	flat
LXRP	0.206	0.426	flat
MCIG	0.445	0.610	up
MDBX	17.950	20.900	down
MDCN	1.230	2.400	up
MDRM	0.110	0.190	flat
MINE	0.012	0.025	flat
MJMD	0.490	0.950	down
MJNA	0.180	0.226	flat
MNTR	1.300	1.920	flat
MYEC	0.029	0.060	down
MYHI	2.000	3.500	flat
NRTI	0.080	0.139	down
NTRR	0.230	0.467	down
NVLX	0.225	0.291	flat
OSLH	0.035	1.070	down
PAUFF	n/a	n/a	n/a
PHOT	0.100	0.175	flat
PLPL	0.372	0.699	down
PMCM	0.001	0.003	down
PRPM	n/a	n/a	flat
PZOO	0.032	0.060	down
QEDN	0.014	0.029	flat
REDG	n/a	0.003	down
RFMK	0.002	0.003	flat
SING	0.015	0.032	down
SKTO	n/a	0.013	n/a
SPRWF	0.070	0.103	flat
SRNA	1.550	4.150	flat
STEV	0.107	0.162	down
TAUG	0.020	0.030	down
TRTC	0.430	0.910	flat
TURV	0.960	1.35	down
TWMJF	2.650	3.220	up
UPOT	1.015	1.550	down
USEI	0.002	0.008	down
UTRM	0.002	0.005	down
VAPE	0.650	1.600	down
VAPR	0.100	0.150	flat
VGPR	0.002	0.008	down
VKMLD	1.650	3.250	n/a
VPCO	4.650	6.800	down
VPOR	0.056	0.124	down
VRCI	0.063	0.083	up
XTRM	0.007	0.017	flat
ZDPYD	n/a	n/a	n/a

Posted in Bigger Picture

This morning”s Livedesk will begin

By Rod David | June 20, 2014 - 10:36 am

This morning”s Livedesk will begin at 11:00am ET, at the following Livedesk link:
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/

Please post any chart requests to this thread. Thank you!

Posted in Bigger Picture

MDBX error — That is

By Rod David | June 20, 2014 - 9:52 am

MDBX error — That is a SELL, not a BUY, as today”s Open”s Interest indicates.

Posted in Bigger Picture

Open’s Interest … Fri June 20 2014

By Rod David | June 20, 2014 - 1:37 am

Welcome to Open”s Interest for Friday

(Setups and parameters are below)
This week”s Universe || Last Open”s Interest || Non-MJ Requests

We added Tweed (TWMJF) on Thursday, and added
to Tranzbyte (ERBB). I”ll discontinue coverage of Supreme Pharmaceuticals (SPRWF) if it enters the weekend without at least making an effort. Medbox (MDBX) is making quite an effort, probing fresh lows while its volume expands into expiration, and will be shorted before the weekend. I”m still adding to GW Pharmaceutical on a pullback, but I wonder whether we”ll one — the news of a secondary barely caused a dip.

..
Enjoy!

SYMBOL	suppt	resist	target	stop	SETUP
TWMJF	2.70	3.25	4.15	2.60	BREAKOUT
	Add as recent breakout began extending
GWPH	80	91	99	78	PULLBACK
	Holding up optimistically in wake of secondary news
ATTBF	.37	.46	.51	.37	BOTTOM-FISHING
	Pullback on Thu should force squeeze into the weekend
INSY	25.25	34.10	36	27.30	BOTTOM-FISHING
	RSIs diverged negatively on fresh high
SPRWF	n/a	.086	.135	.073	PULLBACK
	No distributive, but dropping coverage for lack of action
-MDBX	17.95	20.15	12.25	21.30	PULLBACK
	Reaction down from resistance has corrected
ERBB	.029	.034	.050	.032	UP/DOWN-CRASH
	Added at pullback”s .0225 objective, will sell lower close Fri

Breakout
(consolidations or basing that is forming an accumulative pattern )

Up/Down-Crash
(extended trending with only 1-2 countertrend closes, ready to snap back)

Pullback Limit

(breakouts and bounces that have retraced 61.8%…

these situations are often make, or break)

Bottom Fish

(basing after extended decline — not really a “trade”)

(breakdown unconfirmed a 2nd day — only buy strength)

Third-day Surge

(2-day surge to fresh highs at risk of peaking — don”t chase higher)

Not a Charm

(third test of retested low, triangle — lower lows coming?)

Falling Knife

(trying to catch the reaction to a steep drop — ouch)

Rocket Launch

(sudden explosive interest that gains traction)

Monitoring

(observations of other stocks of interest)

Open”s Interest is the daily pre-open reference for marijuana stock patterns currently of interest, including other insights and overviews.

Posted in Bigger Picture

REMINDER: Today”s weekly post-close Livedesk

By Rod David | June 19, 2014 - 2:34 pm

REMINDER: Today”s weekly post-close Livedesk Unlimited will begin at 4:30pm ET. Maybe it”s not so “unlimited” this week, as we”ll need to end it promptly at 5:30pm ET. Stock analysis requests can be posted to this thread. See you there!
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/

Posted in Bigger Picture