Thursday, August 12, 2010

T.A. update for the open, August 12, 2010.

  1. Yi: +2.84
  2. A possible bottom forming here for: WDC
  3. Trying to bottom out in this area: LOW, OCR, STX
  4. Oversold: CSL and OCR
  5. Moderately oversold: FRO, LEN, LMT, LOW, USD, WSO
  6. Trying to hold some rising trendline support: $IIX, A, ACAS, ACH, AXP, BPOP, COGO, CSCO, IDA, MEOH, PHI, SUN, TSL, WFC
  7. Attempting to hold the 65 DMA here: $GASO, BA, EEFT, JASO, NAT, YUII
  8. Attempting to hold the 28 day: $GOLD and FUQI
  9. Trying to hold falling trendline support: BAC and CSL
  10. Up against some falling trendline resistance here: $VIX
  11. Toppy here: MBI and T
  12. Anything posted here may be off base.

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