Livestock 10/20/2014
Monday morning”s Livestock covered the following stocks in the following order (click here for an alternative recording in WAV):
NLNK, Testing 35.15 target, so new pullback limit is 32.68 to maintain upward momentum next trageting 40-41.50.
TRTC, Up 33% in 2 days since touching its .24 pullback target, but must close above .32 to seal a bottom.
NVLX, RSI diverging negatively on test of .255 resistance.
GWPH, 58.11 works as a low, but price action since its touch hasn”t been accumulative, so back above 68.70 would only end the decline and not necessarily reverse momentum up.
INSY, Above 40.50 would target 45.70 and potentially 54.15.
ATTBF, Still more time hovering optimistically above the low, making a new low increasingly likely.
MCIG, Delay in reacting up from .18-.19 is a concern despite holding through the close, so no bottom-fishing.
SPRWF, .39 pullback limit must hold for a close above .45 to target .52.
TKMR, Fresh low probing the 21.50 pullback limit, with the nearest buy signal still 24.50.
VAPE, Fresh low probing under .905, very dangerous to close under it, especially if not recovered back above .97 immediately tomorrow.
IBIO, Pullback limit at 2.57 being tested intraday considerably, an must close above 2.75 to signal its test was absorbed.
NFLX, Third day of testing the bullish pullback limit noted during Wednesday afternoon”s earning reaction.
