T.A. update for the open, August 5, 2010.

1. Yi: +4.87
2. Now trying to bottom out: GMR and STX
3. Trying to hold some rising trendline support: BPOP, EWJ, LOW, PTR, UYG
4. Attempting to hold the 28 DMA here: B, FUQI, TLB
5. Up against rising trendline resistance: COST
6. Up against the 28 day: $GOLD
7. Up against some falling trendline resistance: ELN and SKS
8. Up against the 65 DMA here: ABX and CNK
9. Moderately overbought now: BA, CREE, MOT, NWL, SLW, WOR, WY, X, XOP
10. Overbought: IFN, NTES, SHI, SUN, UGP
11. Toppy here: $NYA50R, $WTIC, PHI, SU, SUN, T, UGP
12. Going parabolic: RJA
13. A break out in either direction is on the way for: C, CBK, DELL, IRF, QCOM, RAIL
14. Anything posted here may be off base.