Friday, May 27, 2011

TA for the open of May 27, 2011.

  1. YI: +7.8, +8.1
  2. A possible bottom here for: CSCO
  3. Now trying to bottom out: AMAT, F, FRO, FSLR, FUQI, HCBK, NOK, TAN, WDC, WFR, WSO, YGE
  4. Standard oversold: YUII
  5. Moderately oversold now: LMT and VZ
  6. Attempting to hold the 65 DMA here: GPC and NCR
  7. Attempting to hold the 28 DMA here: PG
  8. Up against the 28 DMA here: AEM and SLW
  9. Up against some falling trendline resistance: $DJW, AAPL, CSIQ, EEFT, EWI, IDA, NTES, SCHB, UYG
  10. Up against the 65 DMA here: $PLAT, GG, MMI, PTR, SLV, UGA
  11. Moderately overbought now: CAKE, MMC, TSLA
  12. Standard overbought: MED and NFLX
  13. Toppy here: NFLX
  14. Anything posted here may be off base.

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