Livestock 10/27/2014
This morning”s Livestsock covered the following stocks in this order:
TRTC, Must close above .325 if tested intraday to maintain the recovery”s momentum (discussed later during SRPT).
CBIS, Highlighting the potential for having bottomed, so long as .067 holds a as support and no close is under .062.
VPCO, Highlighting the potential for having bottomed, having held a pullback testing 1.70 that recovered back above 2.15 (has since gone on to probe much higher).
AGTK, Reiterating the parameters that made it attractive, the volume expansion coming off of The Universe calculations of support.
EDXC, Regardless of how high intraday or of how much higher the close, the pattern needs two consecutive higher closes above .0675 to finish forming a bottom.
VAPE, Can”t label as “history” its recent reaction down from 1.25 test until closing above 1.43.
GBLX, Last week highlighted the potential for having bottomed, now adding that closing above .90 would be reasonable preliminary for the 1.00 reversal signal.
VPOR, Room up to .016 before signaling a bottom may have formed.
TAUG, Can”t be bullish under .0202-.-0220, let alone prior to finally probing fresh lows.
ATTBF, Another optimistic bounce delaying the fresh low needed to form a durable bottom. This one retraced only 38.2% of the recent dip, so a fresh low could finally turn sentiment pessimistic so a bottom can form.
SRPT, Discussed as an example why TRTC is still vulnerable to resuming the decline.
CELG, Today”s close will allow new parameters, having come within a dime of fulfilling my longstanding 104 target.
DIGP, No attractive bottoming pattern until recovering .21 and .35.
CLF, Making a higher low while Crude Oil tests its prior low. The outperformance could be bullish.
The Flash recording”s version is available here:
https://roddavid10.mitel-nhwc.com/join/cxwttxr
