Open’s Interest… This morning’s watch list. Thu Apr 10 2014

Today there are 12 stocks with parameters we”ll be monitoring. Don”t forget the general rules. I am holding my breath for the introduction of live charts this morning, as near to the open as possible.

Low volume on dips to support, high-volume on strength.
Consider exiting intraday support test doesn”t recover by the close.
Reassess a target/resistance test that holds the close.

CBGI corrective bounce .24 / .33
—– .12 support
—– .11 maximum pullback allowed

EAPH pivot-reversal follow-through targeting .065-.07
—– .048 resistance
—– .042 support
—– .033 maximum pullback allowed

EDXC key-reversal follow-through targeting .032-.-35
—– .027 resistance
—– .225 support
—– .21 maximum pullback allowed

ENRT would prefer a dip to buy, but high-vol resistance is ok
—– .505 resistance
—– .036 support
—– .029 maximum pullback allowed

HPCS cup & handle targeting .10 and .165
—– .037 resistance
—– .029 maximum pullback allowed

MCIG breakout potential targeting .99
—– .815 resistance
—– .745 support
—– .67 maximum pullback allowed

MWIP head & shoulders fulfilled, recovery targeting .56
—– .345 support
—– .33 maximum pullback allowed

PHOT low-volume key-reversal
—– .57 resistance
—– .435 support
—– .428 maximum pullback allowed

SKTO gap up could run higher intraday
—– .026 resistance
—– .023 maximum pullback allowed

STEV correction ended, resume breakout attempt targeting .42
—– .265 resistance

TRTC huge (too huge?) key-reversal follow-through
—– .98 resistance
—– .80 support
—– .70 maximum pullback allowed

UTRM breakout targeting .015
—– .01 resistance
—– .0073 maximum pullback allowed

CANN — watching the initial trading, but keep in mind that from a charting perspective, no good levels will be readily available. Traders focus heavily on defining risk, which of course is impossible without knowing levels. We”ll watch retests of intraday lows and highs.GWPH — watching 58-59 for a potential short-entry