Bulls tried hard to keep the rebound going, but after failing to break the key resistances (1400 for SP500 and 2390 for NASDAQ), major indices slided back to the red in the end. It has mostly a boring session as many stocks set the day range early in the session, and I suspect that will continue until after Friday's Feb employment report.
1. AEOS: S1 on top if it spikes towards 31, use EMA50=31.4 as stop references. Its first test of EMA200=28.3 was successful, but its long up trend is clearly reversed.
2. CEPH: S1 on top if it spikes towards 68, stop just above 68.5, EMA200=67.7.
3. DVN: DT-L2 on bottom if it spikes towards 64.5 with a stop just below 64, IT=EMA50=67.1
4. NTAP: closed just above the key EMA200=36.4 today, next support is around 35.5...
5. SONS: S1 on top if it spikes towards EMA=7.1, with stop just above 7.2.
Wednesday, March 07, 2007
Daily Calls -- March 8, Thursday, 2007
Posted by flyingwabbit at 3/07/2007 02:10:00 PM
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