Livestock Unlimited
[Flash file version is linked here]
Wednesday”s post-close Livestock Unlimited covered the following stocks in the following order, and made the following points while describing the following charting and technical analysis techniques…
VPOR — Slow-playing the inevitable new low is only exacerbating it, targeting .004.
VAPE — Would like .85-.93 to hold, but back above 1.43 would signal the recovery already underway.
GWPH — Trending is “lower lows and lower highs,” and it remains intact after fulfilling my lower 65 target. Gap up Thursday above 64 would form an Island Reversal targeting 70, but the trend otherwise remains down.
MCIG — Tested .18-.19 as support intraday and closed back above both. Maintaining at least that much of a recovery Thursday could form a very durable low.
TRTC — Still targeting .24 unless .34 were recovered first. Next lower target would be .175.
AGTK — Close above .127 would confirm .07 support had held.
STEV — Closing above .0935 would all but ensure recovering .10, too. Otherwise, potential to .05 as the brief target of a Complex Head & Shoulders.
TKMR — 24.50 resistance continues to be relevant, and probing it on expanding volume should be very bullish.
TAUG — Nothing new, still targeting .11-.12 unless first closing above .0202 and .022
ATTBF — Retraced just a little too far to avoid probing new lows, however temporarily.
SPRWF — Tuesday”s breakout was confirmed Wednesday, allowing the rally to rest on its laurels and conserve its energy. Extending higher too quickly might work against it.
INSY — Reviewed the bullish setup I had described during trading hours on the Activity Feed. The afternoon extended higher. Closing higher Thursday would confirm 45.70 back in-play.
NLNK — Reviewed the bullish setup I had described during trading hours on the Activity Feed. Extended higher into the close.
BITA — Lacking volume that might confirm a low is forming, but back above 80 would be bullish.
HAR — Timing of the origin of current downleg suggest analysts covering the stock are concerned with how the quarter is coming in.
LAKE — Can”t answer whether it”s too late to buy, but it”s certainly not an optimal spot in the chart.