Friday, November 18, 2005

Daily Update:

YI: +4

To a buy signal: ERICY, EWP, LSI, and SPC
Possible bottom here: ENR, NTES, and SGP
Trying to bottom out now: AVP, DJ, KEA, NI, SPIR, and UST
Oversold at this point: ARM, DBLE, HLR, and RFMD
Moderately oversold: IFX and LYO
Trying to hold some rising trend line support: FBR and PPG
Trying to hold some falling trend line support: F
Attempting to hold the 28 DMA: DVY, GPC, JNPR, and PCL
To no position for now: The IIX index, JCP, MER, the VXO, the YI, and the XAU hourly.
Trying to break above some falling trend line resistance: BR, ENER, EOG, EWC, GM, RIO, WMB, WTS, XLE, and the XNG index.
Attempting to break above the 28 DMA: CHK, OXY, and XMSR
Moderately overbought now: AEM and WY
Overbought now: CAT, HMY, IBM, OCR, the XAU hourly, and the XAU index.
Now up against some rising trend line resistance: AAPL, FCX, PDG, and SBUX
Possible top here: BA and WTZ
To a sell signal: AAPL and the Dollar.
A break out in either direction is on the way: EWQ and TZOO
And of course as is always the case due to the nature of technical analysis, it is possible anything posted here may be off base.

No comments: