Bigger Picture

Do you have 90 minutes to spare? Thank goodness for fast-forward. We reviewed most stocks in our universe again — alphabetically — and the recording”s link is available on Livedesk. Look for its icon in the site”s left sidebar. I have notes for those few that will be on Wednesday”s watch list, and will publish them either overnight or at least well before the open… P.S. Everyone was very patient with me today while I was trapped in some sort of technological Bermuda Triangle (livestream was but one issue I was encountering, that and the clock won”t stop blinking on my VCR). We”ll hit the ground running tomorrow.

At 5:30pm ET, I”ll be in the Livedesk room where we”ll review interesting chart action from today, and start picking our candidates for tomorrow. See you there, and then.

Updates:
EAPH — The objective is .048, but I like this reversal pattern… It”s a pivot reversal (gapping up in a downtrend, probing new trend lows and closing back above the morning”s high).
SPLI –Held its retest of yesterday”s low, but I need a close above .17 to justify holding for potential to .20 resistance.
ICBU — Stuck all day between yesterday”s low and close, which is constructive to forming a bottom.
ENRT — Not very confident in extending today”s bounce, which perhaps overly-optimistically avoided probing fresh lows before recovering prematurely into positive territory.
TRTC — Key-reversal day trying to form, having gapped down and extended to a fresh trend extreme, then reversed to potentially close in positive territory, making near-term but temporary upside follow-through likely.
MINE — Too cheap on the pullback objective, which was only attacked before reversing sharply into positive territory. But back under .18 would start to suggest it won”t close positive, which would form a failed key-reversal pattern, which would be negative.
ATTBF — Today”s pattern explains why it isn”t a trading candidate, fluctuating wildly within yesterday”s range, on lower volume. Can”t be assured of not extending to fresh lows.
MCIG — Interesting controlled ticking higher today. One of my favorite stocks, but that”s still not attractive trading activity.
LIVE CHART ANALYSIS — WE”RE DOING THIS AGAIN ABOUT AN HOUR AFTER THE CLOSE. LOOK FOR ANOTHER MESSAGE FOR MORE INFO.

LIVEDESK
Please follow the link on the site”s left toolbar to “Livedesk” where we”ll be reviewing charts. There is a chat function beneath the display.

The broader market”s pre-open drop was already back in recovery mode before the open. Retests of yesterday”s lows aren”t likely, with few exceptions — I”ve included one (MINE) with a lower objective. Bounces to resistance are. Following are relevant resistance levels for stocks of interest:

SPLI    .20

ICBU    .12

ENRT    .60

TRTC    .96

EAPH    above .035 to .048

MINE    pullback targeting .0105

ATTBF    n/a

(I”m watching ATTBF, but not yet convinced it”s ready to bounce)

More will be added…