Monday, May 10, 2010

T.A. update for the open, May 10, 2010.

  1. Yi: +3.55
  2. Now trying to bottom out in this area: CSIQ, ENER, EWA, EWI, FXI, GLW, MFE, MOT, NOK, PTEN, RJA, SEED, STX
  3. Extremely oversold: $NYA50R
  4. Oversold: $CRB, $DJW, $OEX, $SPX, $WTIC, ACF, AMSC, HCBK, LDK, WATG
  5. Moderately oversold: $GASO, $HGX, A, AMAT, AVP, AXP, BA, BMY, C, CBZ, CSCO, DELL, ELY, FRO, FSLR, IDA, IWM, KGC, MEOH, MMC, RJI, SDTH, UGA
  6. Attempting to hold the 65 DMA here: AAPL, ACAS, ARM, B, BGS, CTB, SHLD, SKS, SSRI, SUN, SYY, TKR
  7. Attempting to hold the 28 day: ASA and TLB
  8. Now trying to hold falling trendline support: $NYA50R-weekly, AA, CHK
  9. Trying to break above falling trendline resistance: KFT
  10. Overbought: $BDI, $GOLD, EGO, GG
  11. Extremely overbought: GLD
  12. Toppy here: $USD
  13. Anything posted here may be off base.

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