Open’s Interest… Fri Apr 25 2014

Welcome to Friday”s Open”s Interest! In Friday”s video I discuss the following stocks:

Portfolio holdings
ATTBF — second day sitting at 1.04 support
EDXC — held up reasonably well
ERBB — attacking critical support at .04
ENRT — its sub-.30 average down point was session low
SPLI — narrowly avoided the chopping block by recovering .081
GWPH — shorted, will cover without delay if not falling immediately

PHOT
-issued a favorable press release after the close
Good news: SEC is done, gone, and empty-handed.
Bad news: Business is as good as ever.
-My point is that the stock has yet to suffer sector”s contraction
-Still the best of both worlds, in that dour PHOT headline might not have forced rotation back into others so much

More on PHOT
-Still looking for weakness, and I”ll sell my investment holdings above .40
-I”ll buy for a bounce from .20-.25
-Should visit .33-.37 at some point intraday, maybe close there

VAPE — probed its 4.70 bounce potential, which held through the close

Knife-catches in case of temporary negative reaction to PHOT (these are not targets in-play):
MINE — .0195 pullback for .039-.048 target.
FSPM — Retest of 2.60 parameter, which already was met and held.
TTDZ — .033 pullback for .072-.087 target (already confirmed breakout).
MDRM — .09 pullback for .29 target.
TAUG — .033 pullback for .076 target.
CBGI — no longer covering
TRTC — new low under .51 or strength above .733
BRDT — .28 pullback for .053 target.
MCIG — .375 pullback for .068 target.

Enjoy!

Open”s Interest is a daily video combining sector review, stock coverage, and actionable parameters, published after each session.