This morning”s Livestock at 10:45

This morning”s Livestock at 10:45 ET is linked here: https://roddavid10.mitel-nhwc.com/join/bwzcfpw

Following are several observations I added earlier to the prior thread:
TKMR — I wouldn”t want to own it into the gap back to yesterday”s close. Filling it would require more substantial pressure than just corrective backing-and-filling. But the rally”s original 24.50 target is now support. Testing it intraday as support (which the rally does not require) and closing above 24.50 would help to confirm the new upleg targeting 32+ is underway.
GTAT — Still trading positive for the year, instead of spending much of the year in decline. That”s the hallmark for an optimal JE candidate. Having said that, since the story changed, we should watch anyway for signs of tax loss selling.
MCIG — My next higher target above .292 was .323, narrowly missed yesterday. That doesn”t change the validity of today”s reaction down. Closing above .292 might star suggesting the Falling Knife low won”t be retested, or won”t be retested soon. But that”s the minimum requirement to even begin considering that.
GWPH — We”ve been stalking this from the short side for awhile, pointing out a couple of .618 retracement bounces up to 91 and 79 that kept alive the distributive pattern which finally triggered its next downleg under 84.40. Now its 75-77 target is already being probed. The drop”s momentum remains intact so long as 80.10 isn”t recovered. TKMR comments posted earlier in this thread regarding 24.50 support, and 32+ target.
NLNK — Don”t forget about the minimum requirement to recover 25.45 to reverse momentum up. Anything shallower through the close is probably just a temporary corrective bounce.