Thursday, February 09, 2006

Watch List - Long

GRMN

GRMN makes me a little crazy. Just when I take it off my watch list, it goes. And as you can see from today's action, when it goes, it really goes. The next level of resistance is $67.30, followed shortly after by $70.00. We have an intraday pivot point around $64.50.

OVTI


Nice break on OVTI today.

Close $27.09
Support $26.00
Resistance $27.84

This name has the potential to go to $30.00 in the near term based on an analysis of the weekly chart resistance levels. There are no pivot points here yet.

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