Thursday, April 6, 2006

Daily Update 4/6/06

YI: +4.5
Possible bottom here: GM
Trying to bottom out: GNSS
Moderately oversold: CGI
Attempting to hold some rising trend line support: ELY, HMY, JNJ, RFMD, and XRX
" some falling trend line support: GM
Attempting to break above some falling trend line resistance: ADP and ALEX
Now up against rising trend line resistance: BPOP, OGE, and SEE
Moderately overbought: AMTD, CSTR, ECA, IDA, and MU
Standard overbought: FXE
Extremely overbought: EWD and WTZ
A possible top here: EWG
A break out in either direction on the way: LYO
Anything posted here may be off base.

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