ARNA generated a positive reversal week, having made a new 4-week low and then closing near the highs of the week, suggesting the stock will go above last week's high at 4.60 this week. More importantly, the 4.31 daily and weekly closing support was once again tested successfully, in spite of the stock trading down to 4.15 on Thursday, suggesting the bears have run out of ammunition. The stock closed on Friday exactly on the 200-day MA, currently at 4.46, and a green close on Monday would be seen as a positive, especially if the 6-day high at 4.60 is broken intra-week. Support can now be considered pivotal at 4.13/4.15 as a break of that area would negate what the bulls accomplished this past week.

AXP generated a positive reversal week, having made a new 6-week low but then closing in the green. The green weekly close was also a positive, having created a double bottom on the weekly closing chart at 78.08/77.97. Nonetheless, the bulls were unable to close the gap between 79.78 and 80.03 on Thursday and the double bottom still needs to be confirmed with another green close next Friday, and with the Jobs report generating selling interest on Friday, the bulls may have a tough time getting the confirmation they need and closing the gap. Either of these scenarios would likely turn the tide back to the bears. Any daily close below 77.97 would now be considered a strong negative and would offer a $70-$71.50 objective. A rally above 81.53 would be a slight positive. A rally above 83.47 would give the bulls a strong edge.

BWA stayed within the flag area (58.33 - 63.30) of a bullish flag formation but did close on the highs of the week, suggesting the bulls will have a slight edge this coming week. By the same token, the 61.32 to 61.46 area has been decent intra-week resistance and weekly close resistance for the past 7 months and even more so intra-week for the last 19 trading days, meaning the bulls need to get above that level to stimulate new buying interest. With the indexes likely to open sharply lower on Monday, it will be difficult for the bulls to accomplish that goal. Strong support continues to be found at the bottom of the flag at 58.33 but if Wednesday's low at 59.50 gets broken, the bears will gain a slight edge. A break above 61.44 would suggest the stock will test the 63.30 high and if broken would suggest the 67.49 all-time high will be tested. By the same token, the bullish flag offers a 72.23 objective if the top of the flag at 63.30 is broken. Based on the indexes likely to open sharply lower, the probabilities favor the bears.

COF generated an uneventful inside week but the stock did close on the highs of the week and further upside above last week's high at 80.44 is expected to be seen. Resistance of consequence is found at 81.82 and then again between 81.51 and 81.99 that if broken would suggest the 83.50 to 83.90 level would be tested. The 200-day MA is currently at 81.70 and there is a potential breakaway gap to the downside between 80.96 and 81.18 that if not closed would bring renewed selling pressure to the stock. Support of consequence is found at 77.70 but some support will be found at 78.50. The expected lower opening of the indexes and the fact the stock has traded below the 200-day MA for most of the last 3 months, does suggest the bears have the edge. Stop loss should remain at 82.09.

ENG made a new 5-month low this past week and the bears were finally able to close the gap between 1.59 and 1.63 that had been considered a bullish breakaway gap since it got created in November. The stock closed near the lows of the week and further downside below last week's low at 1.51 is expected to be seen this week. Support of consequence is found between 1.32 and 1.42 and some minor support is found at 1.50. Nonetheless, the 1.50 level also has meaning on the weekly chart from the fact there is a 2-year 2-point trend-line using the all-time low at .30 cents and the spike low seen in November at 1.28, suggesting that if that line holds up and the stock reverses from that level, not only will it make it a much stronger 3-point trend-line but further confirmation that the stock is in a longer term base-building scenario with the upside the likely long-term resolution. A weekly close above 1.80 would now be considered strongly short-term bullish.

FCEL generated a green weekly close on Friday, suggesting the stock continues to trade sideways as it has done on the weekly closing chart for the past 4 weeks. On an intra-week basis, the stock generated a positive reversal, having made a new 8-week low and then closing in the green and on the highs of the week, suggesting further upside above last week's high at 1.29 will be seen this week. The new intra-week low did generate 3 positive days thereafter, also suggesting that the 1.19 level has now become a new support, perhaps of some consequence. Resistance is found at 1.35, at 1.40 and at 1.45 but a weekly close above 1.41 would suggest a breakout has occurred. A break below 1.19 would now be considered bearish. Probabilities favor more sideways trading but with a slight upward bias.

FSLR continued to trade within a bullish flag formation, having stayed above 58.61 and below 63.31, and still suggesting the chart has a bullish appearance. Even more bullish is the fact the bears failed to take the stock below the previous week's low at 58.61 in spite of the negative reversal and close on the lows of the week, meaning that the bulls seem to have control. The stock did make a new 5-month weekly closing high and did close near the highs of the week, suggesting further upside above last week's high at 61.95 will be seen this week. Important and pivotal support continues to be found at 57.80 and intra-week resistance at 63.31 that if broken, would likely take the stock up to the next resistance level at 65.99. Nonetheless, the bullish flag formation continues to offer a 72.53 objective. Probabilities favor the bulls but the stock could see a bit of selling this week if the index market takes a nosedive.

GS generated an uneventful inside week but a close on the highs of the week, suggesting further upside above last week's high at 192.73 will be seen this week. By the same token, this stock is sensitive to what the indexes do and if they open lower, it will suggest the stock will follow. The stock did generate a negative reversal day on Thursday, and it did so from a decent intra-week resistance at 192.87, meaning that if the stock gets below Friday's low at 190.85 (now looking highly likely) that the first course of action for the week will be to the downside. Support is found at Wednesday's low at 186.96, a bit stronger at 185.02 and decent and likely pivotal at 182.71 that does include the 200-day MA, currently at 182.60. A break of that support, as well as a close below the line, would suggest the stock will head down to the $175 level. Resistance is found at 192.87, at 193.38 and decent as well as pivotal at 194.25. Probabilities favor the bears, if for no other reason than the indexes are likely to open lower due to the disappointing Jobs report.

KMX received a better than expected earnings report and the stock made a new all-time high at 75.40. The stock closed near the highs of the week and further upside above that level is expected to be seen. Nonetheless, the stock is likely to be sensitive to what the indexes do and as such, follow through to the upside is likely to depend on how the market opens on Monday and the market is likely to open sharply lower. The stock gapped up on Thursday between 69.21 and 71.97 and that gap is now considered pivotal support. Closure of the gap, especially on Monday, would be a bearish sign as it would make Thursday's high into a major spike high of consequence. Support is now found at 67.67 that if broken would be strongly bearish as it give a failure to follow through off of a bullish fundamental report. Probabilities strongly favor the bulls but this is likely to be a pivotal week for the stock.

ORCL confirmed the failure to follow through signal given the previous week, having closed for the second week in a row below the mini weekly close breakout at 44.93 The stock did close on the lows of the week and further downside below last week's low at 42.48 is expected to be seen. Minor support is found at 42.42 that if broken, would likely take the stock down to the 41.26/41.56 level that is considered pivotal intra-week support, especially since the 200-day MA is currently at 41.50. A close below that line would be strongly bearish for the long term and would suggest an immediate drop down to the $40 demilitarized zone that was important support and pivot point between April and December of last year. A break of that level would suggest the stock will get down to the next support level of consequence between 35.82 and 36.53. Minor resistance is found at 43.63 that also looks short-term pivotal, especially since the market is looking to open lower this week. Stop losses can now be lowered to 43.73. Probabilities favor the stock dropping down to at least the 41.56 level where the traders will likely make a decision of consequence, likely to be further downside.

OSK sneaked above the 50-week and 200-day MA, currently at 47.50 and 47.35 respectively, with a rally this week up to 49.08. Nonetheless, in spite of the break of those lines, the stock closed near the lows of the week, suggesting last week's low at 47.48 will be broken this week. If that occurs and the stock "closes" below the MA's lines, a failure signal will be generated that would likely be of consequence, especially since none of the previous intra-week highs at 49.50, at 49.50, and at 50.27 were broken on the mini breakout of the MA lines. Overall, the chart continues to look leaning to the bear side and a break below the most recent low at 46.74 would be a sign the stock is heading lower. A break below 44.24 would suggest the $40 level of support will be visited. Probabilities slightly favor the bears.

TOL made a new 13-month intra-week high and a new 9+year weekly closing high, above, the previous one seen in April of last year at 39.22. The stock closed on the highs of the week and further upside above last week's high at 39.93 is expected to be seen. By the same token, the $40 level has been decent to strong resistance since October 2005 and with the indexes likely to open sharply lower on Monday, the bulls are not yet in control. By the same token, if the bulls are able to get the stock above the $40 demilitarized zone, and especially above the 41.65 high seen in October 2005, the bulls will take full control of the stock, with 45.65 becoming the first upside target. Pivotal support is now found at Wednesday's low at 38.76. A break of that level would offer a drop down to at least 37.50 and a break below 36.62 would offer at least a drop down the 35.00 but the weekly chart suggests the stock could drop all the way down to the $30 level if 36.62 is broken. The stock is likely to be sensitive to what the indexes do, meaning this coming week is likely to be pivotal. Probabilities favor the bulls but only slightly.

VHC generated a positive reversal week, having made a new 6-week low but then turning around and closing above the previous week's high. The stock closed on the highs of the week and further upside above last week's high at 6.62 is expected to be seen. A rally above last week's high will make last week's low at 5.85 into a decent and certainly pivotal support level. Minor to perhaps decent resistance is found between 6.85 and 6.95 that if broken would open the door for a rally up to the 8.00 level since there is no resistance of consequence between those 2 points. The stop loss can now be raised to 5.68. Probabilities favor the bulls.