Wednesday, March 22, 2006

Follow up on Yesterday's Charts

AAPL - Gapped up slightly because the MSFT - Vista delay was seen as an advantage, however, it and failed to break $63.00 and ended the day near its lows, forming an narrow range bar with a high upper shadow. Still very bearish.

BRCM - Violated its 50 day MA on an intraday basis, but closed on it as it rallied nicely into the close. Formed a narrow range bar with long shadows on either side.

GOOG - Doji on lower volume.

OXPS - Minor breach of $27.00 on the open but managed to rally and hold, forming a piercing line pattern on low volume.

QLGC - Did not breach the neckline and managed to close above the 50 MA.

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