Thursday, September 3, 2020

Morning Update September 4, 2020.

  1. Yi: +39.75 
  2. Attempting to bottom out: QID, SPXU
  3. Oversold: CIEN
  4. Moderately oversold: CPB, JNPR, RSX
  5. Trying to hold some rising trend line support: $GOLD
  6. Attempting to hold the 28 DMA: $CRB, JNJ, UNG, VOT
  7. Attempting to hold the 65 DMA: AAPL, $INDU, IYJ, LOW, MSFT, NDAQ, SCHX, $SPX
  8. Up against the 28 DMA: MU, UUP, WDC, WEN
  9. Up against falling trend line resistance: AFL
  10. Up against rising trend line resistance: CAT
  11. Moderately overbought: CNK, FL, IP, KO, WEC
  12. Overbought: ADM, TUP
  13. Toppy: AEO, DE, FCX, IQV, MRVL, PPG, PYPL
  14. Break out either way on the way: KSS
  15. Anything posted may be off base. 

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