MU 1-2-2020

1. Yi: +28.6
2. Possible bottom here for: PBI
3. Attempting to bottom out in this area: CAKE and MJ
4. Moderately oversold: GILD, HA, HMC, LYFT
5. Trying to hold rising trend line support: GE, MET, NVS, OMC
6. Trying to hold falling trend line support: ORCL
7. Attempting to hold the 65 DMA: AMP, F, HD, KHC, NTR, PYPL
8. Attempting to hold the 28 DMA: AVGO, BWA, DLPH, FLO, GOOG, LL, MGA, NOW, NTAP, PRU, SPWR
9. Up against the 65 DMA: RY
10. Up against the 28 DMA: DBI
11. Up against rising trend line resistance: CG
12. Moderately overbought: BBGI, $GOLD, IAU, REMX
13. At the average overbought level: $COTTON and RRGB
14. Getting toppy at this level: $CRB, UGP, WYND
15. A break out either way is setting up for: GM, GPC, HRB, HSY, MAN, NTES, SWK, VLY
16. Anything posted on these pages may be off base.