ARNA was able to slightly extend the recent rally (at least on a weekly closing basis), having generated another green weekly close, the third in the last 5 weeks. Nonetheless, the stock found decent selling at the 4.70-4.75 level (got up to 4.72) and did close in the lower half of the week's trading range "and" still below the weekly close resistance at 4.53, suggesting the recent mini-breakout has not yet given the bulls the needed edge to take the stock higher and that the stock will go below last week's low at 4.35 this coming week. The 200-day MA, currently at 4.33, is likely to be seen again this week and an intra-week drop below 4.27 and/or a close below the most recent low daily close at 4.30 would "turn the tables around on the bulls". Probabilities still favor the bulls but less so than last week.

COF generated a red weekly close on Thursday, making the previous week's close at 89.02 into a successful retest of the all-time high weekly close at 89.92, seen in March 2006. The stock closed in the middle of the week's trading range and like the indexes, the traders are waiting to see what happens in Greece before deciding what to do next. Minor support is found at the low seen last week at 87.66 and then nothing until the $85 level is reached where daily and weekly closing support from previous highs of consequence are found. Minor intra-week resistance is found at last week's high at 89.01 and strong at the $90 demilitarized zone. Chart continues to favor the bulls but it is evident that this coming week is pivotal and likely to be decided by what the market does in general.

ENG generated another red weekly close but on the intra-week chart it does seem that some buying interest is being seen at the 1.30 level. The stock got down to that price twice this past week and if the stock is able to get above Thursday's high at 1.42 on Monday, a double bottom will have been built. In spite of the red weekly close, the stock did close in the upper half of the week's trading range and it gives the bulls a slight advantage this coming week. Minor daily close resistance is found at 1.45 and then a bit stronger and on both the daily and weekly closing charts at 1.50. On an intra-week basis, a break above 1.65 would suggest the downtrend is over.

FCEL bulls were unable to build on the previous week's spike low rally and close near the highs of the week as the stock got back down close to the 2-year low at .86 with a drop down to .88 cents. Nonetheless, on a weekly closing basis, the bears were unable to break the 2-year weekly close support at .90, having closed on Thursday at .91 in spite of trading below that level most of the day. The bears are presently in control of the stock but the .84/.86 level does provide some support that if not broken could generate some new buying interest. A rally above Thursday's high at .96 on Monday would relieve some of the selling interest as Thursday's low at .88 would be seen as a successful retest of the .86 low, something that does need to happen to give the bulls a chance to turn the stock around. Resistance is now found at 1.06 that if broken would suggest a rally up to at least the 1.12 level if not the 1.18 level. Probabilities continue to favor the stock trading between .84 and 1.18 for the foreseeable future.

FSLR generated another strong drop in price as well as a close on the lows of the week, suggesting further downside below last week's low at 45.14 will be seen this week. Nonetheless, the stock is now very close to the 200-week MA, currently at 44.90, and if the bulls can turn the stock around and close in the green next Friday, Thursday's weekly close at 45.17 will become a successful retest of the important long-term MA line, which does keep the stock in a long-term uptrend in spite of the recent weakness. Minor to perhaps decent but definitely pivotal intra-week support is found at 44.62 that if broken would be another negative, and perhaps of consequence. Nonetheless, any drop down to the 44.70-45.00 should be seen as an opportunity to purchase using a stop loss at 44.52. Minor intra-week resistance is now found at 48.62 as well as at the gap area between 49.17 and 49.65 but the probabilities strongly favor the stock testing that gap sometime in the next 2 weeks. Probabilities favor the bulls this week in spite of the weak close on Thursday. I continue to believe the stock will get into a trading range for several months between $47 and $53 once this drop is over.

NFX generated a sell signal on the weekly closing chart on Thursday, having closed below the previous low weekly close at 35.54 seen the second week of May. The stock closed on the lows of the week and further downside below last week's low at 34.74 is expected to be seen. Intra-week support of some consequence is found at 33.96 but with the sell signal being given, the probabilities now favor the stock getting down to test the 200-week MA, currently at 31.75. Likely pivotal intra-week resistance is now found at last week's high at 36.42. Probabilities favor the bears.

PRAA generated a red weekly close on Thursday, and more importantly below the previous all-time high weekly close at 63.25, suggesting that an intra-week top has been built at the recent high of 64.23 and that a failure signal was given. The stock closed in the lower half of the week's trading range and further downside below last week's low at 62.00 is likely to be seen this week. Nonetheless, like with other stocks and the indexes, much will depend on what happens with the Greek debt situation. Another red weekly close next Friday would suggest the stock will drop down to at least the $60 and also keep the mention objective of $50 alive. Minor intra-week resistance is found at Thursday's high of 63.90, a bit stronger at the recent multi-year high at 64.23 and strong at the all-time high at 65.00. Probabilities favor the bears this week.

SINA generated another red weekly close as well as closing in the lower half of the week's trading range, suggesting further downside below last week's low at 51.55 will be seen this week. More importantly, the bulls failed to hold up a minor weekly close support at 54.48, which in turn suggests that at least the weekly close breakout area at 50.70 will be visited. Nonetheless, on a weekly closing basis, there is no previous "low weekly close" support until 48.48 is reached. Minor but evident intra-week support is found at 51.26 that if it holds could turn the stock around as the downside objective of the mention was the 50.70-51.26 level. Likely short-term pivotal resistance is found at 54.90. Probabilities favor the bears this week.

TOL generated yet another green weekly close (5th in a row) and closed in the upper half of the week's trading range, suggesting further upside above last week's high at 38.95 will be seen. Nonetheless, the 38.95/38.96 level is considered minor to perhaps decent intra-week resistance and is not likely to get broken unless the index market heads higher. Short-term pivotal intra-week support is found at 37.55 (last week's low) which is broken would likely trigger renewed selling interest. Nonetheless, further intra-week support is found at 36.62 that would need to be broken to take the stock down into the $35 level. Nonetheless, the stock has been acting well and consideration should be given to covering the shorts on a dip.

VHC "spun its wheels" this past week, having generated an inside week as well as a close in the middle of the week's trading range, meaning that nothing was decided this past week. Nonetheless, it can be said that the bulls won the week as it was expected the bears would be successful in taking the stock lower and they failed. The $4 level is once again proving to be a support level that will not be easy to break. Short-term pivotal resistance is found at Wednesday's high at 4.45 that if broken would suggest the stock will rally up to the $5 level where resistance is once again likely to be found. Any green weekly close prior to a close below 4.09 would now be considered a positive. Probabilities still favor the bears but the "tide might be turning".

XOM made a new 3-year intra-week low as well as breaking the 3-year weekly close support at 83.58 and closing near the lows of the week, suggesting further downside below last week's low at 82.11 will be seen this week. There is no support below until the $80 demilitarized level is reached and even then the support there is considered minor to perhaps decent at best. Short-term pivotal intra-week resistance is now found at 84.90. Probabilities favor the bears this week and a drop down to the $80 level.