Thursday, October 20, 2011

TA for the open of October 20, 2011.

  1. Yi: +2.7
  2. Trying to bottom out here: CREE, SLW, WDC
  3. Oversold: CREE and NUGT
  4. Moderately oversold now: $DJGSP, $XAU, ACH, AUQ, CLF, COST, FAZ, GDX, GG, GLD, PGM, RJZ, SLV, SLW
  5. Trying to hold some rising trendline support: ELN
  6. Attempting to hold the 65 DMA here: AKAM
  7. Up against the 65 day: $NYA50R and C
  8. Moderately overbought here: DUST and XLU
  9. Overbought: JCP
  10. A break out in either direction is on the way for: A, AA, BA, CTB, OCR, PEP
  11. Anything posted here may be off base.

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