Friday, August 12, 2011

TA for the open of August 12, 2011.

  1. Yi: +0.25
  2. A possible bottom here for: $HGX, LEN, LMT, STX
  3. Trying to bottom out here: EXP, FUQI, GE, HPQ, PAYX, SEE, X
  4. Moderately oversold now: DUST and PHI
  5. Up against the 28 DMA here: CHK
  6. Up against some falling trendline resistance: CAT, CLF, EGPT, F, LOW, MED, SEED, SFD, SUN, V, VZ, WOR, XLU
  7. Up against the 65 day: BMY, CNK, ELN, TLB
  8. Moderately overbought now: $DJGSP, $XAU, ABX, AU, CREE, CSCO, GDX, GG, MMI, NTES, NUGT, PGM, SLW
  9. Extremely overbought: The $GOLD weekly chart.
  10. A bit toppy here: EGO
  11. A possible top here for: DGP
  12. A probable top here for: $GOLD
  13. A break out in either direction is on the way for: SLV and ZSL
  14. Anything posted here may be off base.

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