Monday 1/17
several names to watch next week, watch the big internet names like YHOO EBAY, both crossed the 50MA. The result should be good, but we will see if profit taking will continue!
NGPS: we have been watching this, don't catch a falling knife, watch the MA, and around 16 area...
AIRT: let's wait and see if this area will hold.. its temporarily oversold, and we need to see a break of 15 for another up trend though!
MSTR: short candidate..temp. oversold, on the upside, it is right where the last gap up area...if it holds 58 area, it may bounce up..but resistance at 60-62
FNSR: volume increased and now at 1.6... just crossed the 200ma...watch and see if this support will hold...
JOBS: becareful at this level... a break below this level may test level around 35...
SNDA: unless it breaks above 40 level...it may continue its downtrend from here...35 is an improtant level here.... expect another side trade around 28-34 level if it breaks down from here...
XMSR: any bounce may become a short opportunity.....
continue to look at RIMM AAPL GOOG AVNX BKHM SIRI NINE
we are in the earning season... after a quick correction at the beginning of the month, are we going to see some bounce? we are right at the 20MA... and temp. oversold ...we need a break above 2111.... let's see what happen....
please let me know if you are looking at any stocks!



4 Comments:
CREAF: Probably should cross 16 this week if the same trend continues.
AAPL: Is it currently good to hold?
Raj,
AAPL may probably need some digestion here... be patience... it will have to digest the gains here...
just watch for the support area ...
SYMC: Any comments on this. Looks like it has some resistence at 25.
CREAF: Need to see if it can break 17 and results are due on Thursday.
SYMC needs to break above this 25 area... expect a bit of sideway trade here to 26... earning is coming up, any news regarding the merger progress and their future will set the tune...!
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