Today”s Livestock discussed the following
Today”s Livestock discussed the following stocks, in the following order. Its recording (in Flash .flv) is linked here:
https://roddavid10.mitel-nhwc.com/join/mjvcchb
TKMR — Testing its original 24.50 pullback limit. Closing back above 27.10 would prove the new relative high close on Friday had successfully created room to absorb sellers.
ANYI — Up 44%!!! Example of a stock that we”re not trying to get on top of since the movements are so nonsensical.
FITX — Reiterating the likely bearish resolution, today”s bounce is relatively low volume and not invalidating the Descending Triangle that has formed.
STEV — Testing its parallel resistance intersecting at .10, whose recovery would be bullish.
CBDS — Eking its way back to support where selling pressure should become overwhelming.
GWPH — Bounce off of its 75-77 target held its corrective limits this morning, suggesting the decline is about to resume.
MINE — Narrow ranging Ascending Triangle must resolve straight up to avoid diffusing into randomness.
MCIG — Closing above .27 Friday could have marginalized sellers, and now that level is .28, while back under .24 would resume the decline to new lows.
TAUG — Not confirming Friday”s break below its Descending Triangle”s support, but that doesn”t prevent another fresh low tomorrow.
ATTBF — Selling would be absorbed if the close is above .33. Otherwise, back under .27 would target .175.
INSY — Holding above the 38.60 pullback limit would keep alive the 45.70 target.
TRTC — Must avoid closing under .31 to keep alive potential for one more fresh high.
SPRWF — Narrow sideways ranging under .36 resistance is losing its shape of a pattern, and becoming unpredictive.
VAPE — Closing under 1.58 today would require closing tomorrow back above 1.70 and extending above 1.82 to maintain the bottoming potential. Closing under 1.58 would simply target new lows.
VPOR — Still behaving as if only a corrective bounce. Closing above .031 would be reason to suspect a bigger bounce underway.
CNAB — Having touched .63, closing back above .80 and .89 would signal and confirm the trend reversing back up.
FEYE — Without ever having signaled the trend reversing up, the current probe of the range”s lower-end can”t form a bottom. Some relevant resistance must be recovered first.