Wednesday, August 24, 2011

TA for the open of August 24, 2011.

  1. Yi: +1.2
  2. Trying to bottom out here: BAC, F, GM, HCBK, HPQ, MBI, RAIL, SEE
  3. Moderately oversold now: PRBLX
  4. Trying to hold some rising trendline support: EGO and QID
  5. Trying to hold falling trendline support: SEED
  6. Up against the 28 DMA here: AXP
  7. Now up against some falling trendline resistance: $WTIC, AMAT, ATI, BLL, C, CAT, CSL, DDM, FSLR, GE, GOOG, IYY, MSFT, NCR, PBW, PEP, QCLN, QID, ROK, SCHB, SCHC, SCHM, SNDK, SUN, SWK, TSL
  8. Up against the 65 DMA here: GPC
  9. Moderately overbought now: BMY
  10. A possible top here for: $The $GOLD-weekly chart.
  11. A break out in either direction is on the way for: GLW
  12. Anything posted here may be off base.

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