Livestox, Aug 21 2015…Don’t look so surprised.

By Rod David | August 21, 2015 - 3:35 pm

Friday”s Livestox was pretty comprehensive. We discussed the following stocks in this order:

RAD — (resistance question)

SPX — market top now obvious to all

TWTR — opportunity to bottom around 24

SCTY — Atractive short, just getting started

TSLA — not attractive short or long

GPRO — stll bearish and targeting at least 47

BABA — under 70 next targets 59.55 and 49.55

AMZN — An attractive long-entry if the market turns back up

GOOGL — Another attractive long-entry to participate in a broader market rally

FB — Still in an uptrend, so not an attractive short

FEYE — Not interested in long or short, pulled back too sharply

AAPL — Starting next downleg targeting sub-100

CBDS — Triple from my mention on Tuesday

CBIS — Will be monitoring for a bottoming pattern

VAPE — Descending Triangle has broken lower

MCIG – Under .035 targets .021 and .017

TRTC — Patience with re-entry, could test .09 handle again

SRNA — Will look for bottoming potential at .16

BLPG — warming up to this

GWPH — Bearish, still returning to my sub-100 target despite a couple of bounce

INSY — Not going to be bullish for awhile

CARA — The topping issue is starting to become obvious

GLD

OIL