BCTX generated a negative reversal week, having gone above the previous week's high and then closing red and on the low of the week, suggesting further downside below last week's low at 12.16 will be seen this week. Short-term pivotal support is found at 10.61 and resistance is now at last week's high at 13.60.

GRPN generated a new 5-month low and closed on the low of the week, suggesting further downside below last week's low at 19.87 will be seen this week. The stock closed at a short-term pivotal level (at 19.89 on both the daily and weekly closing charts) and if further downside is seen (on a closing basis), a failure signal will be given, wiping out the entire 5-month rally that took the stock up to the $37 level. There is further support at another previous daily closing high at 18.61, which if broken would give total control to the bears. This $20 level is also a major support level on the monthly closing chart. On an intraweek basis, the level to watch is 15.84, which if broken would mean the bulls have lost the battle. This $20 area was the mention's objective, meaning that consideration should be given to taking profits here this week. A green daily close on Monday would be a valid reason to cover the shorts.

GSTRF did nothing of consequence this week. The stock closed in the middle of the week's trading range, suggesting equal chances of going above or below last week's trading range (.415-.47). The two levels to watch on a daily closing basis is .48 and .3468. A close above the former or below the latter would be indicative.

LXRX generated a new 11-month intraweek, daily and weekly closing high but then fell back to close in the lower half of the week's trading range, suggesting further downside below last week's low at 1.41 will be seen this week. The stock did get close to the 200-week MA, currently at 1.82, having gotten up to 1.66 this week. That line will remain a viable target, but it is possible that the bulls will attempt to establish a new support base at the 1.35 level (on a daily closing basis) as that was the previous 11-month high daily close. On an intraweek basis, the 1.28 level is short-term pivotal support.

MMM generated a 9-week intraweek and weekly closing low and closed on the low of the week, suggesting further downside below last week's low at 148.46 will be seen this week. The stock generated both a sell signal and a failure signal on the daily and weekly closing chart. Having said that and in looking at the daily chart, the 200-day MA is currently at 147.83, and it has held steady (unbroken) for the past 6 months, meaning that it will be in play and somewhat pivotal on a short-term basis. There is pivotal intraweek support at 144.25, which if broken would be a game changer. The 155.12 level is now short-term pivotal resistance on the daily closing chart. Like with GRPN, the stock has reached the objective and as such, taking profits should be considered.

TNC generated a negative reversal week as well as a 3+month intraweek, daily and weekly closing low and closed on the low of the week, suggesting further downside below last week's low at 77.52 will be seen this week. The bulls had a chance to break resistance, having come within $.96 cents of breaking a pivotal intraweek resistance but they failed, The stock not only generated sell signals across the board but also closed decisively below the 200-day and 200-week MA's, currently at 80.13 and at 80.53 (closed at 78.21). There is open air below down to 73.69, meaning that this is not a stock to cover the shorts this week unless a signal in favor of the bulls occurs. A confirmed daily close above 80.13 would be a reason to consider taking profits.

VWDRY generated a new 6-week intraweek and weekly closing high but it closed in the middle of the week's trading range, suggesting equal chances of going above last week's high at 6.86 or below last week's low at 6.53. Having said that, the bulls did confirm the previous week's close above the weekly close resistance level between 6.51 and 6.54 (closed at 6.67), suggesting the bulls have the edge. A daily close below 6.51 or above 7.18 would generate action.

ZLAB generated a red weekly close, and closed on the low of the week, suggesting further downside below last week's low at 29.82 will be seen this week. A sell signal was given on the weekly closing chart when the stock closed below the most recent low weekly close at 30.76 (closed on Friday at 30.24). In addition, the stock closed below the 200-week MA, currently at 31.50. Both of these factors are short-term negatives. There were 2 causes for the drop with the first one being a sell rating by a company called Weiss, and the second one being the threat/promise that Trump made to increase tariffs on China to 100% starting in November. Having said that, there are 8 other rating companies of which 2 have the stock on hold and the other 6 as a buy with an average upside of $76 by the end of the year. One positive thing is that the area between 28.84 and 29.24 (on a weekly closing basis) is a very well established and decently strong support level and with the stock closing above that level on Friday, the negatives are likely to be very short-term (1-3 weeks) or even be negated this week. A daily close above 33.89 would negate this weakness, and a close below 28.40 would exacerbate it.