Tuesday, April 25, 2006

Daily Update 4/25/06

YI: +3

Trying to bottom out around this level: DJ
Moderately oversold at this point: CREE, EBAY, ERICY, JNPR, MOT, STX, and XMSR
Now attempting to hold some rising trend line support: BBBY, CHC, INTU, MFE, RHAT, and THQI
Trying to hold falling trend line support: QQQQ
Attempting to hold the 28 DMA here: RFMD and WHR
Now trying to break above some falling trend line resistance: KMX and MMC
Attempting to break above the 28 DMA here: JNJ and SLE
Now up against some rising trend line resistance: EWP
Moderately overbought at this point: LYO
Standard overbought at this point: GLW, SU, and WY
Now extremely overbought: TZOO
A possible top in this area: DO
A break out in either direction is on the way: REDF
Anything posted here may be off base.

No comments: