REMINDER: This week”s post-close Livedesk
REMINDER: This week”s post-close Livedesk Unlimited begins at 4:30 ET. I”ll send another reminder just before it begins, containing the link, which you can find in the Activity Feed”s sidebar. Meanwhile, here is a digest of comments from earlier today:
ATTBF — After holding .47 resistance through yesterday, this morning”s open is gapping up to and through it. Closing back under .45 would signal momentum reversing down to new lows. Meanwhile, closing above .47 would put into play .61-.63
GWPH — Didn”t confirm Tuesday”s breakout yesterday, and trading a little weaker this morning. The maximum allowable pullback just as noise while trying to resume the rally is 91.50-92.00. Back under 91 would start signaling momentum is reversing down.
NLNK — Weaker today after having touched its prior high yesterday. That would be unusual, to top upon only touching the prior high. The pullback should hold 27.07 and react up sharply if the pattern remains bullish.
TAUG — Closed within its pullback target range yesterday, and back above .022 would confirm a dead cat bounce underway targeting .028.
TKMR — Opened up to 21.80 resistance, which is being retested after an interim post-open dip. Tremendous volume expansion, so no bullish excuse not to trend yet higher intraday. Closing above 22.75 would be optimal for signaling the trend remains up.
VAPE — Barely held its 2.12 support through yesterday”s close. Firming this morning must extend above 2.25 to confirm the level”s relevance, and close above 2.35-2.37 to reverse momentum up
VRNS — Having touched 22.22 intraday, today must close above it to signal the recovery”s momentum remains intact. If 23.12 were touched, then the same would apply to it.
PBR — Today”s open gapped down in an ongoing uptrend. This didn”t prevent recovering to probe a fresh trend high intraday. But its reaction down under this morning”s low is threatening to form a bearish Pivot Reversal. This setup tends to produce a substantial retracement of the trend, if not at least a meaningful interruption of the trend
MCIG — I”ve got a pattern targeting .27, too. Accumulation for a position or for even a swing trade requires there to be some sort of bottoming action first. A dead-cat bounce is always possible, but also not a bottom.