Sunday, October 15, 2006

Watch List - ENER, BRCM, JOYG, SNDK

Energy Conversion Devices, Inc. (Public, NASDAQ:ENER) could move higher after consolidating its recent gains. Target the 200 MA.

Broadcom Corporation (Public, NASDAQ:BRCM) looks poised to test resistance ahead of earnings on Thursday AH.


Joy Global Inc. (Public, NASDAQ:JOYG) is currently consolidating its last leg up from $36.00 to $41.25. Friday it carved out a NRB which could be NR7. Look for a high volume break of reistance at $41.25 with a target of $46.00 (not necessarily all in one session).



SanDisk Corporation (Public, NASDAQ:SNDK) looks poised to break resistance at $60.00 anytime soon. SNDK reports Q3 earnings on Thursday AH. Unlike the last test of this level, the MACD now looks bullish.






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