Monday, April 21, 2008

TA based on the closing prices of April 18, 2008.

  1. YI: +2
  2. Possible bottom here for: BGF
  3. Trying to bottom out now: NOK
  4. Standard oversold: TLB
  5. Trying to hold some rising trend line support: AAUK, ASA, PG, and UGP
  6. Trying to hold falling trend line support: AVP and the VXO
  7. Trying to break above some falling trend line resistance: DVY, GM, IWM, IYG, KBE, MER, and VFC
  8. Up against rising trend line resistance: AA, EXP, LEN, LOW, QCOM, SVU, and V
  9. Moderately overbought: AIG, ARM, FNM, HMC, MDC, MMC, NLY, OGE, USB, XLF, and XPLT
  10. Standard overbought: ALEX, CPB, ERF, and WSO
  11. Anything posted here may be off base.

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