Monday, March 27, 2006

Watch List - FDRY, QLGC, CREE, AKAM, NVDA, NEW, OVTI

FDRY is making its way towards the next level of resistance - $18.55.

QLGC violated its support neckline on a closing basis.

CREE is pulling back to its pivot point $32.50.

AKAM has been consolidating for a few days and is well positioned to continue its uptrend in the short-term.
NVDA not showing any signs of slowing down just yet. Next level of resistance is in the area of $55.00.

After gapping slightly lower this morning, NEW came back strong and closed on its highs. It is approaching resistance and may try to break tomorrow.

OVTI meets all of the criteria for a three day consolidation breakout pattern. It also closed on its highs so watch this one on the open tomorrow. Ressistance in the $31.50 -31.90 area.

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