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There is no “Open”s Interest” – If, Then… Market Timing

There is no “Open”s Interest”

There is no “Open”s Interest” today. Livedesk will begin early at 10:30 ET — I”ll send a reminder just before it, but use THIS post”s thread to add your stock requests. This is also where I”ll add MY observations of compelling opening action.

Approximately 5 out of 6 MJ stocks were red vs. green yesterday, which is broad. But the selling wasn”t deep, as the double-digit losers were essentially limited to the recent bigger performers. Following are some recent observations of ERBB, GWPH and TAUG. Another interesting pattern is ATTBF. Meanwhile, NVLX met my long-term target for the decline.

ERBB — Somewhat impressed with its resilience, holding up relatively well. Especially considering that sitting at the range”s upper-end, or only piercing it, which otherwise makes it a fat target for profit-taking.

GWPH — If the past week”s drop has been only a pullback, then its low should be forming now. Still has a target outstanding at 117.

TAUG — Essentially recovering close at/above .048 after dipping intraday to and/or through .042 is accumulation, which is bullish.