Bigger Picture
“Livedesk” update: The back-up software”s
“Livedesk” update: The back-up software”s server is down. I am being assured this will be resolved within the hour. The moment I”m alerted that it is, I will announce the login address. Meanwhile, I”m going to respond textually to requests posted in the thread. Thank you again for your patience.
“Livedesk” update. Working with tech
“Livedesk” update. Working with tech support to resolve the issue. I apologize for the delay. I would like to start this no later than 11:30 ET. Let”s use this post for stock requests. Expect another one very shortly with login instructions. Thanks!
Correction — Do not log
Correction — Do not log into Livedesk… another link will be posted here shortly… Sorry for the confusion.
We”ll do a 30-minute Livedesk
We”ll do a 30-minute Livedesk at 11:00 AM ET. Add your stock analysis requests to this post”s thread. After completing them, I”ll get whatever time allows in the chat.
Before adding your request here, please be familiar with the guidelines for Non-MJ stock requests:
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/blog/1143/view/47015/
Livedesk is linked from the left sidebar, or just click here by 11:00 ET:
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/
Open’s Interest… Thu June 5 2014
Welcome to Open”s Interest for Thursday
(Setups and parameters are below…)
This week”s Universe || Last Open”s Interest || Non-MJ Requests
Livedesk is back! We”ll try to start at 10:45 ET — I”ll send an alert, and stock requests can be added to its thread. We”ll start with the MJ sector review, and there are a lot of compelling setups.
Thank you for the patience while I am traveling and unable to give the market uninterrupted attention. Open”s Interest will be available the prior evening beginning on Tuesday. As late as today”s post is, we”re skipping a video since it”s so close to the Livedesk.
.
Enjoy!
| SYMBOL | suppt | resist | target | stop | SETUP |
| FITX |
n/a |
n/a |
n/a |
n/a |
PULLBACK |
| RSI Monitoring, some concerns, but pullback to 6 is complete | |||||
| GBLX |
2.05 |
2.45 |
4.75 |
2.13 |
PULLBACK |
| RSI diverging positively into Wed”s close | |||||
| SPRWF |
.07 |
.105 | .15 | .08 | PULLBACK |
| Pullback struggling to hold .08 | |||||
| BRDT |
.32 |
.445 | .58 | .375 | BREAKOUT |
| Fresh recovery high to resistance, but is all good news out? | |||||
| TRTC | .44 | .65 | .91 | .67 | BOTTOM FISH |
| Closed above .69 Wed, and above .735 to signal and confirm the rally”s momentum remains intact | |||||
| MCIG | .375 | .45 | .57 | .51 | BOTTOM FISH |
| Wed action ultimately maintained Tue surge | |||||
| TAUG | .032 | .042 | .055 | .029 | PULLBACK LIMIT |
| Supported by a thread | |||||
| TWMJF | 2.65 | 3.05 | 3.75 | 2.52 | PULLBACK LIMIT |
| Wed was spent testing Tue”s fresh low, without extending | |||||
| VAPE | 1.65 | 3.25 | 4.65 | 1.92 | FALLING KNIFE |
| Was late-day surge from negative territory a warning shot? | |||||
| -MDBX | 17.95 | 20.15 |
12.25 |
21.30 | PULLBACK |
| Preparing to bounce, looking to short | |||||
| -GWPH | 67.15 |
69.50 |
54.00 | 71.00 | PULLBACK |
| Closed under support Tue, no reason to delay drop | |||||
| AGTK | .225 | .268 | .380 | .215 | UP/DOWN-CRASH |
| A couple of intraday surges failed to gain traction | |||||
| ENRT | .13 | .20 | .33 | .17 | UP/DOWN-CRASH |
| Still holding the corrective dip”s low, but not reacting up | |||||
| ERBB | .029 | .034 | .050 | .025 | UP/DOWN-CRASH |
| Bought in portfolio Wed | |||||
| NVLX | .225 | .290 | .450 | .245 | FALLING KNIFE |
| Started rolling over Wed, suggesting fresh lows coming | |||||
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.