Friday, December 5, 2008

TA update for the open, December 5, 2008.

  1. Yi: -1.5
  2. Moderately oversold: $GOLD
  3. Trying to hold the 28 DMA: $XAU, GDX, GM, KGC, NEM, WGW
  4. Trying to hold the 65 DMA: ACF and ACH
  5. Trying to break above the 28 DMA: AAPL, ARM, CAKE, NAT, NTES, PNRA weekly, SHLD, USB, WB, WFC, WHR
  6. Trying to break above the 65 DMA: LEN, LOW, MBI, PBY, PHI
  7. Moderately overbought: $HGX, B, BMY, MTH, PNRA, SKS, VFC
  8. A break out in either direction is on the way for: AVP, DELL, KFT
  9. Anything posted here may be off base.

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