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Livestock 11/5/2014 – If, Then… Market Timing

Livestock 11/5/2014

By Rod David | November 5, 2014 - 6:24 pm

In Wednesday”s Livestock, we reviewed the following stocks, and also digressed momentarily on the oxymoron of trading with unsettled funds:

VPOR, Example of double-digit percentage move that is irrelevant.
FITX, Still targeting .02
CBIS, Pullback holding .065 keeps alive the bigger rally that would resume by closing above .08.
HEMP, Forming a Head & Shoulder pattern, which is often only a temporary detour back down.
TRTC, Intraday test of .38 support that closes back above .405 would suggest the pullback had ended.
GBLX, After fulfilling its 1.45 target, pullback needs to hold $1 support, and close above 1.25 to resume the rally that would next target 1.90 and 2.20.
ATTBF, Closing above .28 would take off the table my longstanding .17 target.
ERBB, The broken Ascending Triangle pattern needs to hold .0168 support and recover .022 to resume the rally.
SRNA, Still concerned that the recent high volume was a telltale sign of manipulation, but would give it a benefit of the doubt so long as .45 holds as support.
MCIG, Close above .28 is the next possible bullish development, in a string of several others.
TAUG, Recent strength is probably just a tease, but closing above .0202 could at least test .27.
NLNK, Wouldn”t buy lower close into earnings, and would like to assess its reaction before proceeding.
INSY, Pullback has room down to 34.50-35.40 while still being an uptrend, which requires recovering 39.30-39.50 to resume.
GWPH, Recent narrow ranging offers zero predictability, monitoring for a signal or setup.
VPCO, Consolidating its recent breakout, still a January Effect candidate despite recent run-up.
VAPE, Extended ranging is uncomfortable for this stock, recovery must hold above 1.25 and extend through 1.43 with the least further delay.
TWMJF, Monitoring for any follow-through to the recent strength that might suggest the decline has actually ended.
CNAB, Holding up relatively well considering the sector, still a January Effect candidate.
STEV, Credible buying in reaction to the day”s press release, but still needs to close above .0965.
TKMR, No accumulation patter currently, but monitoring.

Posted in Bigger Picture