Wednesday, April 26, 2006

Daily Update 4/26/06

YI: +2.5

Possible bottom here: GNSS
Trying to bottom out in this area: DELL and WDC
Standard oversold at this point: F
Moderately oversold here: ADP and CSCO
Trying to hold some rising trend line support: ELN, GT, MAT, MCRS, STMP, and SU
Attempting to hold the 28 DMA here: AAPL, CPB, and THQI
Trying to break above some falling trend line resistance: AMD, LYO, and PEG
Now up against some rising trend line resistance: AA and ASA
Moderately overbought at this point: IIT, OGE, and SPIR
A possible top may be forming in this area: EWP, EWQ, and FXE
To a sell: TIE
Anything posted here may be off base.

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