Thursday, February 23, 2006

Daily Update for: 2/23/06

YI: +3.5
A possible bottom may be in place here for SNDK
MFE is trying to bottom out.
JNPR is standard oversold at this level.
Moderately oversold: CAKE, DELL, INTU, MRVL, and NVLS
These are trying to hold some rising trend line support: AMAT, AMZN, ELN, MU, NSM, PBY, PHI, PPG, SMH, and TASR
These are now trying to hold some falling trend line support: BBBY, HIT, INTC, and MCRS
Attempting to hold the 28 day moving average: AHO, IRF, PMCS, SNE, and WY
Trying to break above some falling trend line resistance: Gold the bullion, PCU, RADN, and SEE
Attempting to break above the 28 day moving average: PDG, SPC, XLE, and the XNG index.
AMN and JOSB are up against some rising trend line resistance here.
EWU, GNSS and NI are moderately overbought at this point in time.
A possible top may be in place for AMN, EWI, GFI, GPC, IDA, SGDE, and TIE
CAT is on a sell signal now.
Anything posted here may be more or less off base.

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