The link to view today”s
The link to view today”s Livedesk is below. Following is a summary of the stocks mentioned:
http://new.livestream.com/accounts/7617211/events/2865745
CANN — The ~3.80 low would suffice as a permanent bottom, but likelier its reaction up is only temporary. Regardless, the chart has a lot of similarities to ATTBF”s extended decline.
STEVE — New pullback limit is .085.
MJMD — The same narrow uptrending channel I described Sunday as being bullish has only persisted since then, channeling higher narrowly. Despite having extended 15% since then, it is still vulnerable to suddenly spiking upward without first correcting. Having said that, a corrective dip should be limited to a 38.2% retracement, which is currently .71.
GWPH — Bouncing off test of 82 support, which should be retested down to 80.25. I still wouldn”t buy weakness, but would buy that retest”s reaction up.
GBLX — Waiting for more fresh lows, but would consider buying a close above prior highs. Otherwise, no action.
SPRWF — Stopped pessimistically short of touching yesterday”s high while still testing .11 resistance. Closing above it would target the .14 area.
CARA — Tuesday”s close back above 12.65 and 12.90 after testing both intraday suggests sellers have lost traction. Closing above 13.65 would signal momentum has reversed up.
VAPE — Extending down after failing to hold its 2.37 pullback limit Tuesday, so my 2.05 re-entry remains possible.
ERBB — Nothing bullish about not already reacting up aggressively from testing .0235 support.
RSSFF — .46 was put into play, and its test must react up to close above .52 for a bottom to be signaled.
NVLX — Fresh high close would be compelling, but otherwise still looking for a retest of the decline”s long-standing .225 target.
ATTBF — Must hold above .61 to prevent signaling a deeper correction underway. Must close above .66 to maintain the rally remains intact.
VPOR — Never quite signaled momentum had reversed up, and now testing the original pullback”s .0615 limit. Could still resume its rally so long as the pullback limit holds.
TAUG — The reaction down under .057 support is likely only a temporary pullback so long as .048 holds as support. Optimal bottom would form from closing back above .048 after testing .0425 intraday.