Bigger Picture
Afternoon Rush just 10-15 minutes
Afternoon Rush just 10-15 minutes away. Quick answers to quick questions. I probably can”t to every request, so I”m likelier to address actual questions (not just the symbol) that haven”t been addressed earlier (please scroll the Feed). Make your request in these comments…
And… PMCM — Yesterday”s confirmation
And…
PMCM — Yesterday”s confirmation of Tuesday”s breakout being retraced intraday today on delining volume,. but nothing that suggests the breakout was false. So, back above .0038 would be likely to resume the rally.
TAUG — Still ranging narrowly. would consider buying deeper pullback touching .067, if not .053.
NVLX — Big key-reversal outside day today, meaning gap down probes new low but recovers solidly into positive territory. Is it bullish? The deciding factor is volume,m which is contracting, not expanding as would be bullish. Nevertheless, closing above .35 would be credible for extending higher
TRTC — Still too early, breaking under consolidation only now. Buyers expended a lot of energy trying to avoid this inevitability. Potential pullback low is .88 down to .815… .705
EXMT — Firming today on contracting volume, which is suspicious.
GROW — Ranging very narrowly on contracting volume, which offers no insights.
DEWM — Retracing yesterday”s breakout to test .014 support, which should be the pulblack”s low to avoid digging deeper to .0126.
NRTI — Closing under .264 would trigger a “Double Top” had formed, whose pullback would target .20 or .139.
VMGI — Trading down to the lower-end of trending Channel, whose support coincides at .0125, but not a very predictable pattern at this time.
More intraday observations… BRDT —
More intraday observations…
BRDT — Reacted down immediately from yesterday”s late surge. Must hold .695 as support and close above .88 to confirm that long, uptrending channel has evolved into a new rally leg at a steeper slope. Falling back under .63 would trigger deeper pullback with potential to .36.
FITX — Absolutely no change to position I”ve described through the weed that a close above .105 would be bullish. Until then, there is risk of ranging sideways indefinitely, or worse.
SPLI — Dipping today instead of extending higher has avoided a three-day surge that could have set a more durable high. So, dipping earlier actually allows a shallower dip to recover and to resume the rally. Except for one ongoing concern of mine, is that volume could be stronger. Pullback to .22 would be worth a look, at least.
ERBB — I was asked whether my .045 pullback target would be the pullback”s low… At this point that would be the assumption.
ATTBF — Recovering from post-open dip into negative territory, but only back to the open”s high. Close above 2.485 would make me a believer that the upside won”t wait for a normal correction. Otherwise, waiting for a normal correction.
PHOT — Today”s pullback could suffice as the entire correction, but recovering .703 is still needed to signal a new upleg underway. Until then , potential for the pulback to extend lower.
MDBX — I was asked about this, but it has no volatility to speak of, so nothing of interest from a trading perspective.
VAPR — Giving back some of this morinng”s recovery off the .25 pullback limit, peaking at .30 instead of recovering above it, as is still neededdc o signal its pulback has ended.
GWPH — Still monitoring the pullback, not yet seeing a low.
CBGI — Retracing its three-day surge, targeting at least .61, small chance of also touching .185.
Coming next: EXMT, GROW, DEWM, NRTI, VMGI, SXLP, SKTO
More intraday observations… EAPH —
More intraday observations…
EAPH — Now probing above .06, Close above .066 would be likely to rally from there.
ENRT — pullback target is .70
BRDT — Reacted down immediately from yesterday”s late surge. Must hold .695 as support and close above .88 to confirm that long, uptrending channel has evolved into a new rally leg at a steeper slope. Falling back under .63 would trigger deeper pullback with potential to .36.
FITX — Absolutely no change to position I”ve described through the weed that a close above .105 would be bullish. Until then, there is risk of ranging sideways indefinitely, or worse.
SPLI — Dipping today instead of extending higher has avoided a three-day surge that could have set a more durable high. So, dipping earlier actually allows a shallower dip to recover and to resume the rally. Except for one ongoing concern of mine, is that volume could be stronger. Pullback to .22 would be worth a look, at least.
ERBB — I was asked whether my .045 pullback target would be the pullback”s low… At this point that would be the assumption.
ATTBF — Recovering from post-open dip into negative territory, but only back to the open”s high. Close above 2.485 would make me a believer that the upside won”t wait for a normal correction. Otherwise, waiting for a normal correction.
Coming soon: TRTC, PHOT, MDBX, VAPR, GWPH, CBGI
More updates… EDXC — Close
More updates…
EDXC — Close today back above .31 and a pullback to .25 probably wouldn”t be necessary. But without that strength today, at this stage of this pattern, bottom-fishing is premature.
GRNH — Never recovered .71, so bottom dropping out, .54 pullback target
ERBB — Starting to look like .045 coming
MCIG — Hovering at its highs, when all about it are losing their heads. Seems like a lot of energy being expended just to run in place. Beware a dip under .815
