Wednesday, August 11, 2010

T.A. update for the open, August 11, 2010.

  1. Yi: +4.44 (Warning flags are flying now.)
  2. Extremely oversold now: STX and WDC
  3. Now trying to hold some rising trendline support: $CRB, $WTIC, IWM, KBE, LEN, MKC, MMC, MOT, NM, NOK, OGE, PEP, RJI, SDTH, SEED, SHI, TOT, UGA, WATG, X, XLU
  4. Attempting to hold the 65 DMA here: TIE and TSM
  5. Attempting to hold the 28 day: PGM and YUII
  6. Up against falling trendline resistance: $USD
  7. Up against the 65 DMA: V
  8. Moderately overbought: FUQI
  9. Toppy here: $IIX, CAT, QCOM
  10. A possible top here for: MBI
  11. A break out in either direction is on the way for: AAPL and FSLR
  12. Anything posted here may be off base.

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