Tuesday, August 7, 2007

S&O's based on the August 6, 2007 close.

  1. YI: -3
  2. Possible bottom here for: ACF, BHI, NVLS, QGLC, REDF, SPC, SVU, SWC, TZOO, and X
  3. Trying to bottom out: BLG, CDE, COP, EOG, EXP, F, GNSS, GRZ, MMC, MOT, MRVL, MTD, MTU, RDC, SNE, TCK, XLF, and the XOI index.
  4. Standard oversold: AMD, FTO, the IIX index, SFY, SHI, and WHR
  5. Moderately oversold: AU, BHP, ENR, GOOG, RIG, RIO, SYMC, TLB, and the XNG index.
  6. Trying to hold some rising trend line support: APPB, ARM, ASA, BA, DNR, GG, GGP, GT, KEP, KMX, LMT, STP, and TIE
  7. Trying to hold horizontal trend line support: PTEN
  8. Trying to hold falling trend line support: AAUKD, ENER, ERF, GFI, IFN, IWM, MOT, NEM, NFI, NTES, PHG, SUN, USU, and the XAU index.
  9. Attempting to hold the 28 DMA: CY and WDC
  10. Trying to break above some falling trend line resistance: ALD, AMTD, CFC, ELN, NLY, PLL, and RHT
  11. Attempting to break above the 28 DMA: ADP
  12. Moderately overbought: GLD
  13. Anything here could be off base.

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