Open’s Interest… not.

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Welcome to Open”s Interest for Wednesday

This week is developing constructively. Some questionable patterns remain among the higher profile players (MCIG, TAUG). Others may be backing away from their precipices (ATTBF, EDXC, ENRT, IGRW). Multi-session bounces are back (ERBB, GWPH, TRTC, VAPE, VPOR). It”s an interesting environment to greet GWPH earnings that should be released before the open. I won”t chase it higher, but might be interested in buying a deep enough reaction down. I”ll have parameters after the open. Finally, I”m adding a new section today, “Breakout.”

Breakout
(consolidations or basing that is forming
an accumulative pattern )

IGRW .036 pullback ||.044 resistance || .031 stop || .08 target

Pullback Limit
(breakouts and bounces that have retraced 61.8%…

these situations are often make, or break)

VPOR .114 pullback ||.13 resistance || .109 stop || .195/.25 target

ATTBF .95 pullback || 1.07 resistance || .91 stop || 1.38 and 1.68 targets

Bottom Fish
(basing after extended decline — not really a “trade”)

(breakdown unconfirmed a 2nd day — only buy strength)

FSPM no pullback || 3.75 resistance || 2.95 stop || 5.80 target

SING no pullback || .025 resistance || .016 stop || .045 target

Third-day Surge
(2-day surge to fresh highs at risk of peaking — don”t chase higher)

none

Not a Charm
(third test of retested low — lower lows coming?)

none

Falling Knife
(trying to catch the reaction to a steep drop — ouch)

ZDPY 1.55 pullback || 1.78 resistance || 1.49 stop || 3.00 target
bought Tuesday at 1.44

Rocket Launch
(sudden explosive interest that gains traction)

STEV .158 pullback || .185 resistance || .145 stop || .21 and .25 targets
adjusted parameters higher

Monitoring(observations of other stocks of interest)
EDXC, ENRT these are becoming “Not A Charm” candidates.

MCIG, TAUG, TRTC