WM Bounced off its 20 EMA hard today. If tomorrow doesn't bring a significant drop past, or to the EMA, (17.02) go ALL OUT.
CTX looks safe, and may even be worth adding to. It dropped past all the MAs yesterday, today it bounced down from its 20 EMA and settled comfortably below all MAs. Reasonable confidence in CTX if it does not restest any of the MA's. But if it fails from here and the 20 EMA crosses, it's BIG TUMBLE time - perhaps I should cash out some WM for CTX.
Note: KD feels this is in a weird spot so watch it closely.
LEN is in a weird place - sort of where CTX was about a week ago. Watch it closely tomorrow. It's also pretty overbought.
AMD is well below all significant MAs and is relatively overbought. May be a good time to start adding some shorts. They're also having some process problems so I think you can confidently short from here. Add 5% going down.
CFC just had a couple of weird days where it tested its 20 EMA. Yesterday it bounced down from it, and today it rallied above it and then settled slightly above. Watch it tomorrow and if there's any sign of weakness, short the crap out of it.
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