Livestock 11/12/2014

In Monday”s Livestock we discussed the setup for “Retracing plunges and surges” that can often identify better entry points, or just quick trades. We also discussed the following stocks:

DEWM, January Effect candidate: Up ~30% on no news, and entirely plausible that a bottom is in. (Went on to quadruple its gain since then.)
BLPG, Not enough price history to analyze.
MDBX, Will not be a January Effect candidate.
TRTC, One reversal setup didn”t catch. Only one now available is to close above .42. Monitoring for more.
STEV, Rare exception to “don”t buy weakness” among MJ stocks… so long as tight risk controls are executed no lower than .075.
TAUG, Volume difficulties.
INSY, Impressive follow-through to Tuesday”s initial earnings reaction. Retracing that surge to its support.
RIG, Should be on its way to fresh lows that satisfy the decline”s targets.
PBR, Blip-up from having gapped down to new lows was a warning shot across the bow. Now RSIs diverging positively at new lows further reflect weaker selling pressures.
BTU, Retesting recent interim high on expanding volume.
URG, per request
LINE, per request