Monday”s Livedesk reviewed the broader
Monday”s Livedesk reviewed the broader market”s current condition, and then touched on several MJ sector stocks. They”re listed below with summaries, including the two Ebola vaccine stocks I pointed out last week:
ERBB — Fresh relative lows Monday make the bullish scenario depend on the past week”s pullback ending abruptly after forming a Falling Wedge.
AGTK — Massive change in fortune after failing to hold .22 support. Might offer a Falling Knife buy setup soon.
MCIG — Confirming the recent bonce was only temporary, and now on the way to retesting the prior low before any bounce would be credible.
VAPE — Closing above 2.65 isn”t as relevant as finally closing above 2.87.
SPRWD — Potential false break was retraced considerably, but short of relevant. Rejecting the bounce by closing negative makes a new sell-off likely.
GWPH — Closing above the 90 area is half the battle. Maintaining and extending is more relevant and influential.
INSY — Extending its rally to test 35.50, whose recovery would next target 46.70.
ATTBF — Closing above .45 could form a Rocket Launch setup.
EAPH — Bouncing back to a prior high, but not yet reversing the trend back up.
TKMR — Closing above 19.50 area would target 21.80, whose recovery would target new highs at 32.50.
NLNK — Monday”s gap up should be retested, if not also exceeded on the way to fresh highs.
