Bigger Picture
TWMJF — The price isn”t
TWMJF — The price isn”t being picked up by the quote system, but the entry is 2.77 and will be updated shortly..
Open’s Interest… Thu Jun 19 2014
Welcome to Open”s Interest for Thursday
(Setups and parameters are below)
This week”s Universe || Last Open”s Interest || Non-MJ Requests
Wednesday was a day of pullbacks. My pullback limits were largely tested and so far held. But none have yet reacted up enough to prove its pullback has ended. ERBB is the only pullback I am considering to buy, it being such a substantial retracement of a substantial rally leg. Other pullbacks are within developing uplegs, offering a chance for initiating new positions.
REMINDER: THURSDAY”S LIVEDESK UNLIMITED IS POST-CLOSE AT 4:30pm ET. I”LL ANSWER YOUR CHART ANALYSIS REQUESTS IN THIS POST”S THREAD.
..
Enjoy!
| SYMBOL | suppt | resist | target | stop | SETUP |
| ATTBF |
.37 |
.46 |
.51 |
.37 |
BOTTOM-FISHING |
| Added intraday after RSIs diverged positively on fresh low | |||||
| INSY |
25.25 |
34.10 |
36 |
27.30 |
BOTTOM-FISHING |
| Met 29.20 target and extended to close higher | |||||
| SPRWF |
n/a |
.086 |
.135 |
.073 |
PULLBACK |
| Running out of time to prove it absorbed the pullback | |||||
| -MDBX | 17.95 | 20.15 |
12.25 |
21.30 | PULLBACK |
| Bounced to resistance, ready to sell weakness | |||||
| ERBB | .029 | .034 | .050 | .032 | UP/DOWN-CRASH |
|
Will buy fresh low testing .0225 |
|||||
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.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/ That”s the link for
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/
That”s the link for this morning”s Livedesk at 11:00 ET.
Add your on-demand stock analysis requests to this post”s thread.
Thank you!
Open’s Interest… Wed June 18 2014
Welcome to Open”s Interest for Wednesday
(Setups and parameters are below)
This week”s Universe || Last Open”s Interest || Non-MJ Requests
We added ATTBF intraday Tuesday. I mentioned its growing attraction in Open”s Interest yesterday, and dissected it in the morning”s Livedesk session. I also discussed the likelihood for buying GWPH on a pullback, and already see at least one other issue to begin stalking. We”ve also been monitoring TRTC every day, and its pullback limit having been met and held — I don”t do “stories,” but its reaction to Tuesday”s story underscores how the charting perspective can maximize those entries.
..
Enjoy!
| SYMBOL | suppt | resist | target | stop | SETUP |
| ATTBF |
.37 |
.46 |
.51 |
.37 |
BOTTOM-FISHING |
| Added intraday after RSIs diverged positively on fresh low | |||||
| INSY |
25.25 |
34.10 |
36 |
27.30 |
BOTTOM-FISHING |
| Met 29.20 target and extended to close higher | |||||
| SPRWF |
n/a |
.086 |
.135 |
.073 |
PULLBACK |
| Running out of time to prove it absorbed the pullback | |||||
| -MDBX | 17.95 | 20.15 |
12.25 |
21.30 | PULLBACK |
| Bounced to resistance, ready to sell weakness | |||||
| ERBB | .029 | .034 | .050 | .032 | UP/DOWN-CRASH |
|
Will buy fresh low testing .0225 |
|||||
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.
This morning”s Livedesk has ended,
This morning”s Livedesk has ended, and the reviews are already coming in…
“Very informative, especially the explanation about the audio volume control.” -InvestingInGreen
“I laughed, I cried, but probably at the wrong parts.” -GreenInvestor
“I sneezed.” -GreenStuffEww
“Silly plot, but the characters were believable.” -GreenIsTheNewOrange
“When does the discussion begin? It”s over? Maaan.” -TooMuchGreenTooEarly
Instead of discussing many stocks, we spent much more time discussing general and specific chart formations and technical indications of several higher-profile issues.: INSY, GWPH, MDBX, TRTC, ATTBF, ERBB. The recording is linked below. Again, please tell me if you”re having any difficulty accessing the real-time or recorded presentations. Thank you.
http://new.livestream.com/accounts/7617211/events/2865745
