Long live Livedesk. Our next
Long live Livedesk. Our next live stock review (“Livestock,” I like it) will take place in a new medium that I can virtually guarantee you”ll love. As for today”s Livedesk, here are the stocks I reviewed, and summaries of the reviews. The actual recoding stopped during halfway through. So, ask me in this thread for any details if the stock is significant to you and didn”t make it to the recording.
https://new.livestream.com/accounts/7617211/events/2865745
VPOR — Retesting a Flag pattern from February supported by .0132, and would reverse momentum up by closing above .0164.
FSPM — Revisiting old analysis since stock is revisiting old low, and I want to repeat that there is nothing bullish about the pattern.
ATTBF — Finally testing .27, but not by a little. Falling Knife pattern would be triggered by closing back above .27 for a bounce targeting .32.
ANYI — .015 support must hold to maintain the Ascending Triangle pattern.
FITX — Dipping back into the base that had tried to overcome the bigger distributive pattern. But its breakout never confirmed, its test as support never recovered, and now its 61.8% retracement is being challenged at .0505.
MCIG — Ongoing delay in testing .2405 suggests too much optimism for a bottom. But a fresh high would be credible if accompanied by expanding volume.
TAUG — Bottoming potential, but not yet a Bottom-Fishing candidate. Would consider buying above .022 on volume.
CNAB — Still behaving as if coming within pennies of a triple satisfied the objective. Must close above 1.25 to reinstate upside momentum.
ERBB — .0176 continually overlapped while forming a Descending Triangle. Must close above .02 to resume the rally.
GWPH — Close under 84.40 would confirm the distributive pattern is finally breaking lower to its 75-77 target.
=== recording stopped ===
NVLX — Some potential for .165 to have satisfied sellers. But momentum reversing up requires closing above .195.
GBLX — Must close above 1.00 to reinstate upside momentum.
*NLNK — Current pullback may be only a detour, but any rally potential depends upon recovering 25.50.
TRTC — Recent “capitulation” volume pattern didn”t produce capitulative low, so now that has created a ceiling.
SPRWF — Closing above .36 would reinstate upside momentum.
*TKMR — Still testing my 24.50 target, but a second consecutive higher close today would confirm a bigger rally leg underway.
VAPE — Must hold 1.43 to avoid new lows for the year. But room up to 2.12 before confirming a rally leg is underway.
CELG — Recent pullback limit was violated for only 1 day, and its reversal signal held a test. Currently improving on expanding volume, but needs to extend higher aggressively to avoid another downleg.
ISIS — Forming an Ascending Triangle that remains intact so long as 38.85 is not broken as support.