Tuesday, June 17, 2008

Stocks On the Move

The broad indices are off from early morning highs. FSLR broke through its 50 DMA on Monday is moving higher today. CF broke through horizontal resistance at 159 yester is moving higher today. The chart breakout is suggesting a price target in the 190's over the next several weeks. DRYS has moved to its 200 DMA. CLF is continuing its support bounce with horizontal resistance at 110 - 111. AAPL is following through on its support bounce today with horizontal resistance at 190. RIMM is moving higher today and is at horizontal resistance of 144 - 145. Watch for a potential breakout. Oil is currently down 1.19 at 133.42.

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