Thursday, July 19, 2007

S&O's for the July 18, 2007 close.

  1. YI: +3.5
  2. Trying to bottom out: CFC
  3. Standard oversold: CHC
  4. Moderately oversold: CORS
  5. Trying to hold some rising trend line support: BKS, CBK, FTO, GOOG, IDU, IWM, JNPR, MMC, and MTU
  6. Trying to hold falling trend line support: CMC, HIT, and MTH
  7. Attempting to hold the 28 DMA here: DO, GM, and KMX
  8. Trying to break above some falling trend line resistance: MRVL and NEM
  9. Up against some rising trend line resistance: FXC
  10. Moderately overbought: KEY and MEOH
  11. Extremely overbought: CSL
  12. To a sell: CAT
  13. More later. Anything here may be off base.

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