Wednesday, May 10, 2006

Watch List - RBAK, TZOO, AAPL, AMD, BRCM

RBAK looks very bullish after a successful retest of its trendline.

If support at $40.00 holds, TZOO may attempt to breakout again very shortly.

AAPL needs more volume on the long side in order to complete the inverted H&S pattern.

AMD is struggling and just can't reclaim its 50 day MA. Looks like we have further downside in store.



A very bearish scenario for BRCM. However, after four straight down days, will we pause short-term before the decent continues?

No comments: