Tuesday, January 23, 2007

Based on the close of 1-22-07.

YI: +3.5

Trying to bottom out: MRVL
Moderately oversold: CHC, PNRA, SCHW, and WGII
Trying to hold some rising trend line support: CBK, JCP, the XCI index, and XLK
Trying to hold falling trend line support: NSM
Attempting to hold the 28 DMA here: GPC and YHOO
Trying to break above some falling trend line resistance: EOG, SU, and the XOI index.
Attempting to break above the 28 DMA here: CHK, ECA, RIG, XLE, and the XNG index.
Now up against some rising trend line resistance: F and PHI
Moderately overbought now: DO and PCU
Standard overbought: ELY
Toppy here: SGP and TMO
Anything posted here could be off base.

No comments: