Monday, March 1, 2010

T.A. update for the open, March 1, 2010.

  1. Yi: +3.7
  2. A possible bottom here for: EWI and FSLR
  3. Now trying to bottom out in this general area: LDK, LPL, MOT, PTEN, RGLD, SEED
  4. Moderately oversold: FRO, MSCC, PBW
  5. Trying to hold some rising trendline support: $GASO and COGO
  6. Attempting to hold the 65 DMA here: $HGX, $PLAT, DVY, MFE, OGE
  7. Trying to hold falling trendline support: $VIX
  8. Attempting to hold the 28 DMA here: ACF and PAYX
  9. Now up against some rising trendline resistance: WHR
  10. Attempting to break above the 28 DMA here: AVP
  11. Trying to break above some falling trendline resistance: $XAU, ASA, AXP, B, BPOP, EGO, F, FCX, GDX, JASO, SCHG, SHI, SLW, SPWRA, SSRI, WFR
  12. Attempting to break above the 65 DMA here: $GOLD, $SPX, AEM, FUQI, PHI
  13. Moderately overbought now: ARM, BAC, BPZ, LMT, LOW, NEM, NTES, OCR, SWK, VFC
  14. Overbought: ACAS and CNK
  15. Extremely overbought: CLF
  16. Toppy here: ACAS
  17. A break out in either direction is on the way for: C, SHLD, WFC
  18. Anything posted here may be off base.

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