Monday, December 5, 2005

Daily Update Part 2:

Trying to hold some rising trend line support: PG, POM, STMP, and STX
Attempting to hold the 28 DMA: PCL, QCOM, and XLP
Trying to break above aome rising trend line resistance: PMCS, USU, the XNG index, and the XOI index.
Moderately overbought: RFMD
Overbought: SMH, SMTC, SSTI, TKR, and TZOO
Extremely overbought: OXY, PCU, and WHR
Up against some rising trend line resistance: The 4Q, RDC, RIG, RIO, the XCI index, XLE, and XLK
Possible top here: X
A break out in either direction on the way: XMSR
Anything posted here may be off base, especially since this part was posted late today.

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