Stock Movement Reason Our Comments
CS Down 10%. Urged to boost capital. Swiss National Bank urged CS to boost capital by halting   dividends of issuing new shares (Reuters). Ouch…stock trading to new 52 week low this morning.  Old 52 week low of 18.81 might be decent swing number.

 

SFD Down 3%. Earnings. Low of recent down move has been 18.80, below that there is great support in 18 area.

 

WGO Flat. Earnings. No trades yet this morning.  Stock actually forming a cup and handle   pattern over past few weeks, but when fundamentals are at play, technicals go away. 10 area has some major resistance.

 

PIR Bid up slightly. Earnings. 15.50 has been a floor for past 6 trading sessions.  Can that hold?

 

KR Flat. Waiting on earnings. Stock has had huge support at 52 week low of 21.14.  Will be critical for stock to hold that   level.  Below that, stock could be in break-down mode.

 

BBY Up 1%. Upgrade at Citigroup. (FlyontheWall) Stock has had nice bounce off 18 area, and is   consolidating below 20.  Needs to break-out over 20.50 for uptrend to continue.

 

 

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