This morning”s Livedesk begins at
This morning”s Livedesk begins at 10:45 ET at the following link. Following that are this morning”s post-open observations made in the prior thread.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/
ATTBF — Gapped up and ran higher to test .47 resistance. Just closing above .45 would start to signal an upleg underway. But still challenging .45 at noon, let alone dipping back under it then, would suggest it won”t trigger at all.
VAPE — 1.88 was targeted by closing under 2.05. Its test Friday failed to hold, and now potential to 1.58 is being attacked down to 1.69. Closing today above 1.88 would signal the drop had ended.
MCIG — Closing Friday under .32 resistance was all but required. Its reaction down this morning should now begin forming a bottoming pattern. While the downleg”s maximum target at .25 was already tested and reacted up, the reaction up now allows room to probe it down to .2405. But there should be no close under .25 while forming a bottom.
BRDT — The consolidation into Friday”s close was not accumulative, and is now breaking sharply lower to confirm. This can become a bottoming pattern if today”s close were positive. But there is much downside risk if sellers are allowed to gain a toehold here.
