Wednesday, August 30, 2006

Watch List - CTXS, VRTX, BRCM, MXIM

CTXS made a higher high in mid August and now $30.00 looks solid as support and a higher low. Look for a high volume bounce above the 20 EMA.


VRTX looks poised to start the next leg up.


BRCM has formed a bullish rounded base. Buy on a high volume break. Near-term target is $32.50.


MXIM has almost completed a mini H&S bottom. Buy on a high volume break of $30.00. On a measured move basis, it could go to $34.00 in the near-term.

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