Summaries from Wednesday morning”s Livestock,
Summaries from Wednesday morning”s Livestock, and a reminder to join us for Thursday night”s members-only January Effect presentation…
AGTK, Very relevant support tested at Wednesday”s low, and room for a bounce up to .128, but not yet a recovery.
VAPE, Closing under 1.58 all but requires new lows, and probably no near-term recovery.
ATTBF, Almost obligatory at this point to test .25.
STEV, Impressive price action and relative strength, none of which will matter until closing above .10.
SPRWF, Narrow ranging has lost all pretense of being pattern, but closing above .36 on volume would still be bullish.
TAUG, Friday”s late pop into the close was retraced entirely, but on weaker volume, none of which prevents fresh lows, but does help to absorb them.
TRTC, Retesting .25-.25 might suffice to form the pullback”s bottom, but no rush to get involved before then.
INSY, The 45.70 target requires that pullbacks hold 37.25 as best as possible.
MCIG, Taking too long for a corrective dip or retest of recent lows, so closing under .25 would target.132.
HEMP, Must close above .0333 to be relevant.
GWPH, Resumed the decline Thursday, targeting 68.
FITX, Still bigger picture distribution.
VPOR, — Pullback is threatening to extend just a bit deeper which would be too deep for being only a corrective dip.
TKMR, pullback held where last week”s surge was launched. The close tested but failed to recover 24,50 resistance. It must be recovered to end the consolidation or decline.
NLNK, too deep to bottom fish in this market, but be prepared to act quickly on early strength.
