Monday, January 29, 2007

Based on the close of 1-26-07.

YI: +3.5

Trying to bottom out: BKS, CREE, ELN, RNR, TASR, and XMSR
Standard oversold: SBUX
Moderately oversold: CHC, CSCO, JNPR, MMC, NST, OGE, PLT, SCHW, and SNDK
Trying to hold some rising trend line support: BGF, BMS, gold, GR, HMC, the OEX index, PDA, TXU, and RDC
Attempting to hold the 28 DMA here: APPB, AVP, BBBY, BMY, the BTK index, C, CAKE, HPQ, MER, PG, RADN, RGLD, SEE, and XLF
Trying to break above some falling trend line resistance: DO
Attempting to break above the 28 DMA here: CDE, CPB, ERF, MSCC, and TZOO
Now up against some rising trend line resistance: PCU and X
Moderately overbought: FCX, GM, IYM, KGC, LYO, NOK, NX, WHR, and WTS
Standard overbought: SGP, WY, and XLB
Toppy here: CLF, LMT, and TSS
A break out in either direction is on the way for: CSTR and USU
Anything posted here could be off base.

No comments: