Tuesday, August 28, 2007

Rest of the work based on EOD 8-27-07 prices.

  1. Trying to hold some rising trend line support: NFI and NST
  2. Trying to hold falling trend line support: GM and RYL
  3. Trying to break above some falling trend line resistance: AMTD, BHI, CSCO, ELN, GIS, NBR, PTR, TKR, TMO, TSU, TTH, and WDC
  4. Attempting to break above the 28 DMA here: BBBY, DELL, EWD, EWG, EWI, EWP, EWQ, EWU, FCX, GGB, MOT, NX, OEX, OXY, PDS, PHG, QQQQ, and RDC
  5. Up against rising trend line resistance: BA, BHP, GE, and GOOG
  6. Moderately overbought: BMY, CPB, DO, ENR, FTO, FXB, FXE, GR, HPQ, IBM, IIX, JNPR, JWN, KFT, LOW, MTD, PDA, RIO, SUN, TLB, and the VXO
  7. Standard overbought: STX
  8. Extremely overbought: SHI
  9. A break out is on the way for: MMC, STMP, and YHOO
  10. Anything here may be off base.

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