Wednesday, January 11, 2012

TA for the open of January 11, 2012.

  1. Yi: +4.7
  2. A possible bottom in this area for: ACH and SHLD
  3. Trying to bottom out now: ANF and TSLA
  4. Standard oversold: QID
  5. Moderately oversold: ANF and NTES
  6. Trying to hold some rising trendline support: LMT, MMC, PEP, X
  7. Attempting to hold the 28 DMA here: MMC and PEP
  8. Up against rising trendline resistance: GPC, LEN, LOW
  9. Up against the 28 DMA: GLD
  10. Moderately overbought now: MSFT, NFLX, PAYX, QCOM, QLD, QQQ, RAIL, SHI, SNDK, STX
  11. Standard overbought: BLL. CSL, GE, LEN, PTR, SWK, USB, WDC, WFC
  12. Toppy here: $USD, AAPL, CTB, F, GE, PAYX, PHI, PTR, QCOM, WDC
  13. A break out in either direction is on the way for: TLB
  14. Anything posted here may be off base.

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