Observations of opening action and
Observations of opening action and actionable parameters…
ICBU — Impressive volume on the open”s surge, now retracing back to recent highs under .134. Should bounce to fresh highs this morning if the breakout is valid.
GWPH — Gapping up above yesterday”s highs to test resistance, which is the upper-end of the 60.45-62.85 pullback target where this was added to the portfolio last week.
TRTC — Gapped down on last night”s financials release. This is a product of the weak bottom I described at the time, and the risk that has kept me from chasing it higher. It is also essentially the 15 cents cheaper that I”ve said I would want to buy. Now must close above 1.07 to signal that sellers were absorbed.
ATTBF — Gap up attacking $2 slid sharply back to 1.65, now bouncing again. Closing today above 1.95 would be bullish, the higher the better. Otherwise, stepping back to watch.
PHOT — Gapping up on last night”s financials, already long, now closing above .62 would help to confirm the rally”s momentum remains intact, targeting new highs.
ERBB — Sliding through the open, still monitoring for a buy signal
PMCM — Spiking up through .0053-.0054 confirmation
CBGI — Huge volume on the open, could be a runner intraday
