While waiting for this morning”s
While waiting for this morning”s Livedesk to begin at 10:45 ET, following are several individual stock updates that I”ve posted to the Activity Feed:
GBLX — “Rocket Launch” candidate… Issued a summary this morning of recently achieved milestones, which suggest last week”s bounce off of support wasn”t just noise. But even if extending higher this morning, there will be mid-morning and afternoon checkpoints that must also be improving further to avoid at least a retest of last week”s lows. Meanwhile, upticking through the open could extend considerably intraday.
ATTBF — The potential Head & Shoulders pattern that I identified through Friday can be rejected by closing today above .71. That is meanwhile resistance, so beware a test of .71 that reverses back into negative territory.
EAPH — Another “Rocket Launch” candidate? Huge opening volume accompanying an attack on last week”s highs. Extending any higher would essentially target .022 or .025.
VAPE — Strong volume accompanying the open”s surge that is already attacking 2.31 resistance… Downtrending resistance originating from June 19 is intersecting right here and now at 1.31-1.32. We”ll look at it during Livedesk.
SPRWF — Testing 8 resistance. Big volume during the first hour, but still lighter than Friday”s first hour, which was a plunge from this level. The actual reversal signal is triggered back above .091-.093.
