Friday, February 24, 2006

Daily Update for: 2/24/06

YI: +3
Trying to bottom out here: MDT
Moderately oversold: GM, LYO, and TSM
Trying to hold some rising trend line support: DD, NG, NVLS, the OEX index, SMTC, and TXU
Attempting to hold the 28 DMA here: PHG and WDC
To no position for now: WTZ
Trying to break above some falling trendline resistance: CPB, HIT, MOT, and MTU
Attempting to break above the 28 DMA: EBAY
Now up against some rising trend line resistance: EWD
Moderately overbought: KEA, MSO, NTES, PEG, WGII, XLP, XLU, and XRX
Standard overbought at this level: The BKX index and CDE
Extremely overbought: BA, SBUX, and WHR
Possible top here: NXL, OGE, PETM, SCHW, and WB
To a sell: PG
A break out in either direction is on the way: AMD
Anything posted here may be off base.

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