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With personal assistance from Nathan – If, Then… Market Timing

With personal assistance from Nathan

With personal assistance from Nathan at Marketfy HQ, the full recording of yesterday”s post-close Livedesk Unlimited is now available… Thanks, Nathan!
https://new.livestream.com/accounts/7617211/events/2865745

My comments from the prior thread are below. Be careful going into the weekend — liquidity evaporates considerably in penny stocks, making them less predictable. That can cut either way. It can also be predictive, so big sell-offs can be clues that pessimism is running its course. Similarly, squeezes that don”t recover relevant resistance can prove to be temporary corrections.

TKMR — Opening strong, at least to retest yesterday”s high. Volume is expanding again, so there is no tolerance for this pattern not to extend higher into the weekend.

NLNK — Compensating for not participating yesterday with TKMR, gapping up to last week”s highs on expanding volume. A pullback to 27.00-27.25 isn”t required, but is possible without invalidating the rally effort.

ERBB — Couldn”t delay rallying from yesterday”s in-range close under its pullback limit. In fact, surging back above the .0176 pullback limit on expanding volume. Closing back under .0176 today would not get a second chance to recover.

CNAB — Testing its 1.25 pullback limit that came into view by failing to hold 1.70.

GWPH — Yesterday”s high held a test of prior highs, and now the open”s probe above yesterday”s high is reversing back down, too. Back under 88.50-89.00 would signal momentum is reversing down.

VPOR — Still on its reaction down from .05 resistance, next targeting .025.

ISIS — (I think they prefer “ISIL”)… A better pullback would have tested 35.75 instead of just touching lower prior highs around 37.25 before recovering. This leg still has potential to 45, so long as 39-39.75 holds as support.

VRNS — Now support to a pullback would be 21.75, which must hold to maintain the recovery”s momentum.

PLPL — The first upbar took out almost two weeks of prior highs, while volume expanded. And volume has continued expanding into rising prices. Needs to hold .29-.31 as support to maintain the rally”s momentum, which is targeting .47 and .60.

TAUG — Having tested .0188, a recovery would be signaled back above .022. There”s otherwise no nearby support that might qualify as a bottom.

TWMJF — Despite firming recently, price remains range bound. Closing above 2.50-2.54 would begin to qualify as a breakout, still needing to be confirmed by a second consecutive higher close.