Watch List for Week of 8/28

Bullish:

• ED - uptrend; oscillators suggest support bounce; but volume not matching uptrend.
• NDAQ - 10% sideways channel; approaching support bounce
• OXPS - uptrend; upcoming support bounce?

Bearish:

• PFE - 20% upward over last two months; rising wedge over last month; declining volume on up days
• 8/28 update: stiff intraday resistance at 27.75
• FRE - possibly over-extended upward move (10% in 3 weeks); volume declining sharply as price approaches $64 resistance
• PEIX - downtrend; 30/200-day SMA crossover on 8/1; oscillators peaking
• BEAS - slight downtrend with 12% channel; at resistance with very weak volume and peaking oscillators