Today’s chart scan targeted Visa (V) and Ultra Long Treasury Bonds 7-10 years (UST). Visa has been very weak as of late on concerns of congressional legislature capping debit and credit card fees. Downgrades are sure to come as Visa approaches major support levels. Ultra Long Treasury Bonds (UST) chart has been strong with multiple touches of the upsloping support line. Watch as UST resolves its bullish triangle pattern.

Today’s scan for August 8th, 2010 includes Goodrich Petroleum (GDP), Mankind (MNKD) , Visa (V) , First Solar (FSLR). Chart annotations are provided with clear resistance and support levels. Be sure to check out the forum for follow-up reports and discussion. Goodrich Petroleum Corp (NYSE: GDP, Free Analysis) MannKind Corp (NASDAQ: MNKD, Free Report) Visa [...]