Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Open’s Interest… (see post for text) Tue Apr 22 2014 – If, Then… Market Timing

Open’s Interest… (see post for text) Tue Apr 22 2014

By Rod David | April 21, 2014 - 10:11 pm

We”re going to try melding the older “Need to Know” video format with the newer “Open”s Interest” actionable parameters. The market discussion and stock color will be described on both the blog post and the video. Let me know if the video is more beneficial to you than an annotated chart… Enjoy!

Starting with SPLI which was bought late Monday, the video”s first topic is the portfolio”s current holdings. That also includes ATTBF, ENRT and ERBB.

Stocks I”m watching on Tuesday, and their parameters, are:

EDXC Closed above my resistance, so I”ll try to buy weakness intraday under .185

FITX Weakness under .081, if not also then a recovery back above .05, would be compelling.

MCIG dipping to .54-.56 and also recovering .59 should provide a rubber band effect.

TRTC Getting a love-hate relationship, as I love how the pattern handles dips, but I hate that its bounces fail to gain traction. I”ll give it a look under .70

BRDT The bounce had lost momentum, but Monday”s dip may be forming a bullish inverted Head & Shoulders that would trigger above .49

MINE Recovering from an intraday dip under ,025 back above .026 should be sufficient to refuel the rally underway. I”ll watch for other setups.

NVLX Above .37 would signal the consolidation had ended.

TAUG Under .52 and/or above .55 could be the trigger that jump starts a rally leg.

Posted in Bigger Picture