Tuesday, February 12, 2008

T.A. work for the close of Feb. 11, 2008.

  1. YI: -3
  2. Possible bottom here for: EJ, GF, and HMC
  3. Trying to bottom out in this area are: ADP, CPB, EWI, IDA, the IIX index, REDF, UGP, and WY
  4. Standard oversold at this point: The DRG index and JNJ
  5. Moderately oversold now: CBK, HON, and PNRA
  6. Trying to hold some rising trend line support: IFN, NST, and TLB
  7. Attempting to hold the 28 DMA here: ARM and BAC
  8. Trying to break above some falling trend line resistance: AA, AAUK, AMAT, ASA, FTO, FXY, MCD, PXD, SMTC, SUN, and WDC
  9. Attempting to break above the 28 DMA here: TASR
  10. Up against rising trend line resistance: AEM, GLD, QLGC, and XMSR
  11. Moderately overbought now: QCOM
  12. Anything here could be off base.

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