The YI is dragging along the bottom at -5.
Probable bottom here for: ARM
Possible bottom here for: ALEX, and for FBR it is bottom time, or possible bankruptcy time according to price in my opinion, GM, MSCC, RADN, and REDF
Trying to bottom out now: BA, BPOP, C,
CSTR, HON, JCP, PMCS, TZOO, and WB
Extremely oversold now: CREE and PNRA
Standard oversold: GYMB, JPM, LOW, RFMD, TASR, VFC, and XLF
Moderately oversold: CPB, EWA, GLW, MPG, RIO, THQI, and TSS
Trying to hold some rising trend line support: AMTD, FXC, KLIC, SKS, and WDC
Trying to hold falling trend line support: ALEX, CHC, EEM, GGB, IBM, NOK, RMBS, RT, and SMTC
Attempting to hold the 28 DMA here: HMSY, MTD, and SPC
Trying to break above some falling trend line resistance: BHI, GIS, OXY, WPL, and XSLV
Attempting to break above the 28 DMA here: AAPL, ABX, APPB, ENR, FRO, and the XOI index.
Up against rising trend line resistance: BKS, HIT, IDU, and RIG
Moderately overbought now: HIT and XLU
Standard overbought at this level: XPLT
Possible top here for: KO
Anything here may be off base.
Friday, November 23, 2007
Based on EOD Nov. 21, 2007.
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