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FITX — Challenging its .105 – If, Then… Market Timing

FITX — Challenging its .105

By Rod David | March 21, 2014 - 11:56 am

FITX — Challenging its .105 resistance on big price surge. The surge was launched from .09, and a lot of volume is being expended, making .105 more likely to hold, which would make a close above .105 more bullish. To me, this is just the upper-end of the range, with an appropriate reaction up, and I”m still skeptical.
ATTBF — Resistance now is 2.31. Back under 2.04 would trigger a deeper pullback, as described several times already during the past couple of sessions. This doesn”t fulfill any parameters for a “buy” trading candidate. That has nothing to do with the story behind the company.
GRNH — Pullback target is .49, would want to see its test react up into the weekend, instead of not yet attracting buyers. Otherwise, wouldn”t want to hold it through the weekend.
TRTC — I don”t see any rush to buy this stock as the pullback extends and volume expands. Would consider .75, but need to see the character of price action leading into it.

Posted in Bigger Picture