Bigger Picture
Need to Know Fri Mar 28 2014 (stocks listed in the post)
Friday”s video reviews those stocks listed below, with much less (if any) technical discussion on each, and much more on specific pricing needs. After Thursday”s broad sector rout, relevant levels haven”t changed, but many patterns are on the precipice of resuming their rallies or dropping to their next supports.
CBDS BO
FSPM BO
MDRM BO
MINE BO
PMCM BO
RFMK BO
SKTO BO
SPLI BO
STEV BO
TAUG BO
EAPH EA
NVLX EA
ATTBF PB
BRDT PB
CANN PB
CBGI PB
EDXC PB
ENRT PB
ERBB PB
GWPH PB
MCIG PB
PHOT PB
TRTC PB
VAPE PB
Enjoy!
AFTERNOON RUSH –new start time–
AFTERNOON RUSH –new start time– –3:15 ET–
Is a stock”s price action today concerning or interesting you to consider taking action? You might already be able to find relevant parameters by scrolling the Activity Feed (you should be doing this anyway). If not, then post the symbols and specific questions (please, not just symbols) to this Alert”s comments section. I”ll answer those that allow me to address the most questions in the brief window available. I”ll start at 3:15pm ET.
Other updates… TAUG — Not
Other updates…
TAUG — Not stalking, but I”m stalking. I had warned about this pattern following mntr into a bigger decline. There were a couple of differences, but not enough to buy weakness. To the contrary, I would buy a positive close today above .083, if not also above the open”s .0905 high.
SPLI — I had been critical of the recent rally, with its big intraday swings barely piercing prior intraday highs while still trekking higher, all despite contracting volume. In today”s video I praised yesterday”s volume expansion. Actually, yesterday”s volume expansion wasn”t. And today”s action is down sharply, retracing almost all of the rally I”ve been criticizing. Soooo, never mind.
RFMK — I”m not going to add this to the portfolio, and it”s really just about price. So, not seeing it there shouldn”t be interpreted as me being bearish on its pattern.
GWPH — Closing under 60.45-62.85 support today would not be bullish. Closing under it again tomorrow would be bearish.
CBGI — Should react up today from retesting .18-19 if a rally can develop anytime soon.
PHOT — My .52 pullback target is being retested. Closing back above .58-.62 would signal that the pullback is done, especially if today”s volume were to expand above yesterday”s today.
Another “stalking” candidate… MDRM —
Another “stalking” candidate…
MDRM — under .129 or above .155, targeting .23 and .29
Also watching…
ENRT
BRDT
RFMK
EAPH
FSPM
Notes earlier…
STEV
ATTBF
GWPH
TRTC
And since now I can”t short CANN…
VAPE (also for a short)
STEV — Stalking this… Had
STEV — Stalking this… Had it already recovered to close above at least .30, then I would be buying this morning”s dip. So far, it”s an “inside day” on relatively light volume, what I would call noise. Just reversing into positive territory might be convincing enough to pull the trigger on a buy.
