RIMM; Broke down from a trendline before squeezing back above it. Momentum was weak and the weekly 3/10 macd may go negative, but can reset higher if price can take out the above resistance and take out stops of higher time frames.
On the Daily, there's potential for a test of resistance higher, but what I believe was a short squeeze this week may see prices come back to support. The 3/10 slow line just crossed zero as the fast line corrects into it (bearish) which is often a good time to anticipate a short entry and also indicative of a potential 20- & 50-day MA cross.
HES; weekly shows a rejection candle at a gap created in Oct. '08 on waning momentum. This trend has had very little rest since Sept. '10.
MON; weekly has settled back into previous support after strong momentum.
FCX; I don't think this issue is done testing the highs. The weekly showing sell divergence at the highs, but a buy (reverse) divergence at these recent swing lows. I'm anticipating a swing up in the 3/10 macd over the next few weeks where a higher prices may result in another sell divergence.
NVDA; Watching for a potential blow-off move to trade. The weekly is starting to show a divergence (higher highs as the macd ticks lower highs).
OXY; Keeping an eye on this as it consolidates (flags) under all-time highs. The 3/10 macd looks to be setting up for another bullish push higher.
CMI; Working on a steeper trendline where price looked to be breaking down from, but quickly recovered. The macd shows a reverse divergence where a test of the highs seems likely.
The Daily shows strong volume on the recent divergence and overhead trendline base building. A slight pullback would be nice to see.