Thursday, January 5, 2006

Daily Update:

YI: +5

To a buy: MSO
Trying to bottom out: FDP, JNPR, and MAT
Moderately oversold: MCD
Trying to hold some falling trend line support: LYO
Attempting to hold the 28 DMA: BKS, CAKE, GR, Q, and YCC
To no position for now: ALEX and GNSS
Trying to break above some falling trend line resistance here: ANH, CHK, the DJ-30, DUK, FTO, IFX, MSFT, NTES, OCR, POM, SMH, WTSS, XLE, XLF, and XLP
Trying to break above horizontal trend line resistance: BAC
Attempting to break above the 28 DMA: CHINA, ECA, GNSS, MDC, TSY, and WOR
Moderately overbought: JOSB and OXY
Standard overbought: ASA, DJ, ERICY, EWA, EWI, GLD, Gold the bullion, HMY, LSS, and RMBS
Extremely overbought: AEM, PHI, and SNE
Now up against some rising trend line resistance: AMD, BR, EWD, JWN, LMT, MRK, NST, REDF, RHAT, SU, and YHOO
Possible top here: GG, PBY, and PHG
Probable top here: AMD
To a sell: RGLD
A break out in either direction is on the way: ARM
Anything posted here may be more or less off base.

No comments: