Bigger Picture
You are cordially invited to
You are cordially invited to Livedesk at 11:11am ET.
Black tie is optional. So are pants, for that matter.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/1129/
or follow the link on site”s left sidebar.
NOTE: Formatting on today”s Open”s
NOTE: Formatting on today”s Open”s Interest didn”t transfer well, so I”ve cleaned it up — I suggest getting a fresh copy. Additionally, a confusing price point in VPOR has been deleted, so that it now reads:
VPOR .103 pullback ||.24 resistance || .095 stop || .195 target
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/lessons/1156/view/46096/
Open’s Interest… Fri May 2 2014
Welcome to Open”s Interest for Friday.
Is it starting to feel more like a bottom? We”ll see. At least the sector”s contraction seems to have lost its momentum. Recent “good news” from companies has been allowed to effect price for multiple sessions, instead of for just a few minutes. And stocks are doubling and tripling, left and right. Let”s just focus on whether this is a bottom.
Portfolio holding ENRT has been firming, but I still would like to see this bounce attack .30, where I”ll consider holding or exiting. EDXC is three days into testing critical support at .145. ATTBF surged from .88 support to test 1.04 resistance (previously support), closing above it thanks to a last-minute rally, which qualifies as a Rocket Launch candidate.
Pullback Limit
(breakouts and bounces that have retraced 61.8%…
these situations are often make, or break)
IGRW no pullback || .037 resistance || .031 stop || .055 and .072 target
VPOR .103 pullback ||.24 resistance || .095 stop || .195 target
Bottom Fish
(basing after extended decline — not really a “trade”)
(breakdown unconfirmed a 2nd day — only buy strength)
SING no pullback || .027 resistance || .016 stop || .042 target
Third-day Surge
(2-day surge to fresh highs at risk of peaking — don”t chase higher)
none
Not a Charm
(third test of retested low — lower lows coming?)
(-ZDPY) no pullback || 4.65 resistance || 6.05 stop || 2.25 target
Falling Knife
(trying to catch the reaction to a steep drop — ouch)
none
Rocket Launch
(sudden explosive interest that gains traction)
ATTBF .95 pullback || 1.07 resistance || .88 stop || 1.38 and 1.68 targets
STEV .145 pullback || .165 resistance || .135 stop || .21 and .25 targets
| Open”s Interest is the daily pre-open reference for marijuana stock patterns currently of interest, including other insights and overviews. |
Livedesk in 1 minute. That”s
Livedesk in 1 minute. That”s right.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/1129/
or follow the link on site”s left sidebar.
Open’s Interest… Thu May 1 2014
Welcome to Open”s Interest for May 1
Without capitulative activity on Wednesday, the retest of prior lows probably isn”t complete. But we”re still monitoring the sector for individual issues that may have finished their own bottoming efforts. Today”s video reviews the focus stocks listed in yesterday”s issue, and a few more. The first list below is the patterns of particular interest for Thursday, followed by a list of those issues discussed in the video. (The new format will be back on Friday.)
in focus: IGRW ATTBF EDXC GWPH VGPR TTDZ STEV NVLX
in video: TTBF CBGI ENRT FSPM IGRW MCIG MJNA NVLX
SING STEV TRTC TTDZ VPOR VAPE TAUG GWPH FSPM PHOT
| Open”s Interest is the daily pre-open reference for marijuana stock patterns currently of interest, including other insights and overviews |