Dow Jones dropped another 140 points and it looks like the market is having a correction. Be cautious. Take profit and stay out until the Greece and European financial situations are clearer.
The following stocks managed to stay above their support levels but are facing strong resistance to go higher. The stocks 1 - 8 are overbought. The support and resistance levels for the stocks listed are:-
Stock Close Support Resistance
1. MTD 3.75 3.61 3.75
2. LIMAHSN 0.33 0.25 0.34
3. MYEG 0.505 0.465 0.51
4. AXIATA 3.93 3.84 3.96
5. SEG 2.72 2.63 2.77
6. CSCENIC 0.68 0.67 0.695
7. TWSCORP 0.64 0.63 0.645
8. IFCAMSC 0.11 0.10 0.12
9. MISC 8.85 8.84 8.94
10. SKPRES 0.19 0.19 0.195
11. DIGI 22.90 22.65 22.90
12. TALAM 0.145 0.145 0.155
13. STEMLFE 0.365 0.365 0.415
BE CAUTIOUS.
TAN
