Tuesday, July 10, 2007

Tale of the Tape


GOOG: Support is at 522. Next upside target is 552.

IBM: The 102 level is support and 112 is the next upside target.

GS: I think GS is about to move above 233 resistance and rally to 250. Support now is at 210.

CME: Support is at 525. I think the market will rally to 630 before the bull market ends.

MO: Support is at 68. Upside target is 75.


BIDU: No sign that the bull market is over. Support is 165. Next upside target is 230.

CSCO: Support is at 25. Next upside target is 33.

AAPL: Support is at 112. Upside target is 135.

MSFT: Support is at 26.50. Next upside target is 33.50.

ICE: I now think the trend is up and that ICE is headed for 175. Meantime support is at 134.

NYX: I think NYX will make a low near 68 and then rally to 90 or so. I am abandoning my expectation for a new bull market high anytime this year.

NMX: I think the action in NMX bodes ill for crude oil prices and for the price of NMX itself. I think the recent high near 148 will hold and that the the 100 level will be seen later this year.

PFE: Support is 25. Upside target is 30.

AMGN: Downside target is 50, resistance above the market is at 61.

SHLD: Support at 165 was broken decisively this morning. I think the bull market in SHLD is over. Resistance above the market is at 168. Next downside target is 145.

KFT: Support is at 30. Next upside target is 39.

AMZN: Resistance is at 76. Support is at 65.

EBAY: Support is at 30.00. Market should reach 43 in a few months.

WMT: Headed for strong resistance at 55. Support is at 48.

1 comment:

Aurelien said...

Hey carl, do you have any expected timeframe for the GS move?