Bigger Picture

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.

P.S. I”m seeing some comments about Livedesk or its videos being inaccessible. Please elaborate on that difficulty if you”re experiencing it, thank you.

Welcome to Open”s Interest for Tuesday

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

The week began with MJ stocks under pressure. Several high-profile issues made fresh lows, like EDXC and ATTBF. The former was warned of during the past several sessions, and the latter was warned of during the past several weeks. I noted during Monday”s Livedesk that ENRT was behaving attractively, for the moment at least. ATTBF is also compelling for testing a critical area. I might add coverage intraday Tuesday, and will announce it clearly at that time.

..
Enjoy!

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.

Today”s Livedesk is truncated into two sections. First is my 15-minute review of high-profile MJ stocks in our current and recent coverage, including ENRT, BRDT, GBLX, ATTBF, TRTC, MCIG, VAPE, ERBB, GWPH, EDXC, MCIG… The second section is your questions and analysis requests. Their recordings are linked here:
http://new.livestream.com/accounts/7617211/events/2865745

“May you live in interesting times,” as the proverbial Chinese curse goes. Well, there”s a lot of interesting price action at this morning”s open. Join us for a 30-minute Livedesk at 11:00am ET to review it, to discuss it, to learn from it, and to plan.

Post your stock analysis requests and any specific questions to this post”s thread in the Activity Feed. The click the link below by 11:00 to participate in real-time…

http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/

Welcome to Open”s Interest for Monday

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

I”ve stopped coverage of TRTC after Thursday since its Rising Wedge is not extending. Its Rising Wedge isn”t even a wedge — at least, it”s not rising. A fresh high close would be entirely credible for beginning a new rally leg. But the burden of proof is otherwise on buyers.

I”m also dropping coverage of TWMJF because it has become very illiquid, and is not trending. Similar to the above, a fresh high close would get all the benefit of the doubt. Until then, its resolution is suspect.

GBLX couldn”t afford to hesitate bouncing and the consequence was fresh lows. Its pattern”s measurements offer one chance to

The next candidate to drop coverage is EDXC. Although it got life on its own last week, that surge was retraced to its origin into the weekend. Not rallying by Monday”s close would suggest new lows into the single digits coming soon.

Meanwhile, I”ve added coverage of the long candidate INSY. Also, I”ve updated The Universe with parameters to reference for any MJ stock”s break either way. Use it to assess dips that might be ready to react up, or bounces that might be able to extend..

..
Enjoy!

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.