Last night”s futures open extended

Last night”s futures open extended Friday afternoon”s recovery back to where the Ukraine-Russia headline had derailed it. And why not. That news was revealed over the weekend to have been faked. That extended higher overnight and through this morning”s open.

The rising tide isn”t lifting all boats, though. We”ll look at the broader market”s bigger picture and individual stocks during this morning”s Livedesk. Any of your chart requests will be reviewed then, too.

10:45 ET
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/

A few earlier stock comments:
AGTK — Failed to hold its pullback limit in the .22-.23 area last week. The vulnerability was quickly exploited by a plunge to new lows Friday. New support is being tested at .176. Closing back above .23 would signal this drop was only temporary, and done.
ATTBF — If any stock this week has an opportunity to reverse its recent downtrend, it is ATTBF. Opportunities aren”t always exploited. And just posturing to be in reversal position can expend all available buying pressure to be vulnerable. Closing positive today on expanding volume (both of which are indicated so far) would carry through last week”s firming and suggest there is strong sponsorship. Otherwise, closing negative today would start to signal momentum already reversing down.
TKMR — Opening firmer after Friday”s attempt to reverse the recent pullback. Almost any fresh session high above the 19 area should have no excuse not to extend more substantially higher at a steeper slope.
NLNK — Gapping up to a fresh high has since reversed modestly into negative territory. That just looks like noise. The pattern isn”t otherwise a “third-day surge”, since the third day was only an inside day.
MCIG — Probing fresh lows this morning. I had pointed out after Thursday”s loss that a corrective/continuation Flag pattern had ended. Closing today above .43 would suggest the .35-.36 target won”t be tested after all.