Saturday, October 16, 2010

Overbought & Oversold stocks ?????

Following stocks are giving totally different technical picture.Please do your OWN due diligence when you take any position in these stocks.Some are UP for a good reason & some MAY be DOWN for no reason...part of Wall Street game?

GOOG RSI 84.91
AAPL RSI 82.18

LVS RSI 70.18
AMZN RSI 68.70
SOHU RSI 67.91
BIDU RSI 57.67

TSL RSI 48.82
MGM RSI 46.80
C RSI 45.53
ISRG RSI 43.07
SOLF RSI 42.46
VMW RSI 42.04

JPM RSI 38.05
BAC RSI 31.94

Next post by noon Sunday.

BLOG does NOT give buy or sell.

Saleem

2 comments:

madmax said...

HELLO

News on APPLE:On CNBC's Fast Money, Brian Marshall, of Gleacher & Company, Inc., said that he expects another leg higher in Apple Inc. (NASDAQ: AAPL). He believes that Apple (AAPL) is the best technology company in the world, and he has a price target of $345.

Carter Worth is a buyer of Apple (AAPL) going into earnings. This stock traded in a range between $240 and $270 for a while. It just broke out of that range, and Carter Worth believes that it could go to $330.

Mike Khouw said that options traders are bullish on AAPL in the long term, but traders that were looking to trade the earnings event were a lot more guarded.

Apple Inc. (AAPL) gained 4.11% on Friday, and closed at $314.74.

GO APPLE

Stocks100 said...

Hi Madmax,

I am a "huge fan of AAPL" as everyone knows here...trade 4 to 1 on the long side...BUT sometimes SHORT may not be a bad idea....

Earnings will be a "beat" BUT not by as much as before...reasons i know very well.....

BUT for MT holder like you it does not matter..2012 it is a $500 stock....i am looking @ Tuesday trading only which could be "very interesting"

Saleem