T.A. Opinions for May 21, 2012.

1. Yi: +5.5, +5
2. A possible bottom here for: CHK
3. Now trying to bottom out: $PLAT, $XOI, AA, AAPL, ACH, AVAV, B, CLF, CREE, CSCO, CSL, CTB, DELL, DM, EEFT, ELY, EWI, EXP, F, FXI, IFN, IRF, IWM, IYY, LMT, PTR
4. Extremely oversold: $WTIC, ATI, CLF, DM, FCX, PGH
5. Average oversold: $DJX, $GASO, $NYA50R, AKAM, ANF, AVP, DELL, EWA, F, FXI, HPQ, IRF, LMT, MBI, MOS, NFLX, PBW, PTR, QCLN, QCOM, QLD, RAIL
6. Moderately oversold: $HGX, A, ACAS, AXP, BLL, COST, CREE, CSL, CTB, DDM, DVY, EEFT, EXP, GF, GLW, GPC, IDA, INTC, IP, IWM, IYY, KBE, MMC, MSFT, NCR, OCR, QQQ
7. Trying to hold some rising trendline support: LEN
8. Attempting to hold the 65 DMA here: CAKE, KFT, LEN
9. Attempting to hold the 28 day: CNK and DPS
10. Up against some falling trendline resistance: ABX and GG
11. Moderately overbought: AEM, FAZ, QID
12. Average overbought: $VIX
13. Toppy here: $USD
14. A break out in either direction is on the way for: ELN
15. Anything posted here may be off base, and there may be more opinions later.