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Let”s do Livedesk at 2:30pm – If, Then… Market Timing

Let”s do Livedesk at 2:30pm

By Rod David | May 9, 2014 - 2:08 pm

Let”s do Livedesk at 2:30pm ET. We”ll review MJ sector stocks, and then discuss the new coverage opportunities. Meanwhile, here are several comments I”ve posted to the most recent Activity Feed threat.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/1129/
or follow the link on site”s left sidebar.

GWPH — Bounced on contracting volume, and reversed back toward session lows. Closing positive today above 70.75 would trigger a long-entry.

ZDPY — Getting killed. Closing today above 1.25 would have triggered a buy signal. A gap up touched it, and then reverse down to now touch .76. There actually might be a play at .74, potentially up to .90, with the next lower support at .61. But this sort of price action at these sort of levels must be of concern at a corporate level

TRTC — Fully testing and ranging around my target. I”m monitoring for a fresh session low to consider long-entry. I don”t like buying new trend lows on Fridays, and wouldn”t hold through the weekend without there already being a recovery underway. Otherwise, it will be a candidate for Monday.

MCIG — This will be a long-entry candidate Monday.

TAUG — Also a long-entry candidate we”ll be considering Monday.

Posted in Bigger Picture