IWM, the Russell 2000 ETF, showing bull mode confirmed by an MFI oversold bounce. Currently trading at 57.20, below a downward-trending MA20, with upside price resistance at 51.50.
NVDA, Nvidia Corp., showing bull mode confirmed by an MFI bounce off the oversold line. Earnings announcement scheduled for after market close. Currently trading at 12.16, below a downward-trending MA20, with upside price resistance at 13.55 and downside support at 11.56. The Risk: A downside earnings surprise, but the technicals suggest current money expects an upsider.
HD, Home Depot Inc., showing bull mode confirmed by an MFI bounce off the oversold line. Now trading at 25.01, below a downward-trending MA20.
AMD, Advanced Micro Devices Inc., showing bull mode confirmed by an MFI bounce off the oversold line. Now trading at 4.79, below a downward-trending MA20
Also watching: BAC INTC GE on MFI oversold bounces without an entry signal.
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