Thursday, January 05, 2006

Watch List

NIHD - Traded in the top 20% of yesterday's bullish wide range bar. After the close moved up near today's high.
Close $46.18
AH $46.43
High $46.48
Resistance - $47.30

CUTR - Gapped up and turned in a fairly wide bar closing above its 10 period EMA on the daily chart. Despite today's move it still has a ways to go to reach the 38% retracement level of the highs in mid- December.
Close $27.69
Resistance $28.26
38% retracement level - $31.85

XRTX - Trading up in AH on a big beat and raised revenue guidance. Trading at $19.24 in AH versus a close of $17.60. All time high is $21.87

BRCM - Closed above its 52 week high - Momentum (see today's Trade of the Day)

FFIV - today's action resulted in a doji spinning top and could signal a pullback which, even at 38% of the last leg up, would be good for at least 3 points.

QCOM - Traded in the top 25% of yesterday's bullish wide range bar.

ISIL - May retest December highs.

ADBE - resume the move higher after a 38% retracement of Tuesday's wide range bar.

RIMM - Same as QCOM

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