Wednesday, April 16, 2008

TA based on the closing prices of April 15, 2008.

  1. YI: -1
  2. Trying to bottom out: ACH, AIG, FNM, GM, PHI, RT, and WY
  3. Standard oversold: AMD, GE, WB, and XMSR
  4. Moderately oversold now: AA, ACAS, IYG, NWL, PTR, WOR, and XLF
  5. Trying to hold some rising trend line support: FCX, GOOG, KBE, MER, and USB
  6. Trying to hold falling trend line support: ACAS, BAC, HMC, and STX
  7. Attempting to hold the 28 DMA here: EWJ, GOOG, GPC, HON, KEY, NYB, and QCOM
  8. Trying to break above some falling trend line resistance: CAT, CREE, and PEG
  9. Up against rising trend line resistance: MMC
  10. A break out in either direction is on the way for: SUN
  11. Anything posted here may be off base.

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