Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
In case you missed the – If, Then… Market Timing

In case you missed the

By Rod David | June 30, 2014 - 3:09 pm

In case you missed the Activity Feed, following are updates that were posted throughout today…

CARA — 5.32 was a 61.8% retracement of the 2-day surge. Closing today above 16.18 would start to signal the rally has resumed.

BRDT — (Q: Does .35 require a retest as support?) A: The problem isn”t so much that it might need to retest .35, as that it spent so much time already testing it. But closing abov .44-.45 would be bullish.

TAUG — Having touched .049, holding .044 would maintain momentum to .057. Closing back under .041 would signal momentum is reversing down.

EDXC — Volume is expanding slightly on today”s bounce, but not to impressive levels that would be dependable for avoiding at least a temporary dip tomorrow.

VAPE — Volume is very healthy on the extension above 1.78-1.83 resistance described in today”s video.

GWPH — A consolidation around 103 resistance resolved up to attack 110. So long as 103 holds, this leg may be the one to extend on its own to 117.

INSY — Big intraday retracement from the opening surge has probed under the adjusted 31.90 pullback limit. Closing under 31.35 would almost signal momentum reversing down.

Posted in Bigger Picture