Thursday, July 27, 2006

Watch List - OSIP, ADBE, BRCM

I was just about to post the watch list last night when my cable internet service died. Sorry for the delay.

OSIP has carved a bullish base over the last year and looks well positioned to try and fill its bearish gap from August 2005. The blue lines represent potential resistance levels. OSIP reports earnings on Monday August 7th. Thanks to Chris for calling this one!

ADBE looks poised for a technical bounce. Target is $28.50.

BRCM is extremely oversold and will likely bounce either from its current support level or the next level at $20.00.

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