Wednesday, February 1, 2006

Daily Update:

YI: +4

Trying to bottom out here: NI
Standard oversold: OCR
Moderately oversold: EBAY, MCRS, MDC, and UST
Trying to hold some rising trend line support: BR, CSCO, CTXS, JDSU, SEE, SMH, SPC, and TSS
Attempting to hold the 28 DMA here: POM
Trying to break above some falling trend line resistance: GR, HLR, SYMC, and WB
Trying to break above horizontal trend line resistance: MU
Attempting to break above the 28 DMA here: AAPL, ACAS, and BA
Now up against some rising trend line resistance: DO, the OEX index, RIG, and XLE
Moderately overbought now: KMX and WY
Standard overbought: ABX, REDF, and SNA
Extremely overbought: GG, IYM, KGC, SUN, WGII, and the XOI index.
Possible top here: PTR and WB
Probable top here: AEM, NEM, and STMP
To a sell: The XAU hourly at 2 PM yesterday.
And as is always the case, anything posted here may be off base.

No comments: