Tuesday, March 21, 2006

Daily Update for: 3/21/06

YI: +5
Trying to bottom out: PBY
Moderately oversold: CHC, the Dollar, GNSS, and NSM
Now trying to hold some rising trend line support: ADP, AMZN, ECA, MER, TRF, and VZ
Attempting to hold some falling trend line support: GNSS
Attempting to hold the 28 day moving average: ENR and IRF
Now trying to break above some falling trend line resistance: FBR, MTU, and UST
Attempting to break above the 28 day moving average: CGI and N
Now up against some rising trend line resistance: KO and MAT
Moderately overbought at this point: EWJ, MDC, NLY, SGDE, SNA, TSY, and WOR
Standard overbought here: ERICY, NXL, and RMBS
A possible top around this level: AHO, the BKX index, CPB, EWD, the OEX index, SCHW, and SWC
Probable top here: BA
A break out in either direction is on the way: CSTR
Anything posted here may be off base.

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