Wednesday, May 17, 2006

Watch List

Here are a few additions to yesterday's watch list which is still very much in play.

CELG was very weak today and closed just below its trendline support. If it doesn't regain the trendline in the early going tomorrow, it could be subject to further weakness and could fall as low as $36.00 in the short-term.

BIDU is consolidating its bullish gap up nicely. Buy on a pullback towards the 10 day EMA.

AAPL showed strength during today's weak market and observed a notable support area. Look for a possible bounce tomorrow.

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