Letââ,¬â"¢s take a quick look at Rambus (RMBS). This stock has been getting pounded throughout this bearish market, but appears to have some hope for upside action. RMBS is trading just above gap top support at 21. The stock also has support at 18, a previous resistance level.

The fact that RSI levels are just under 30 indicates this stock is oversold. The oversold indication and support levels make RMBS a good potential buy.

Garmin Ltd (GRMN) had a rough day in Tuesday's trading session. The stock was unable to get any upside action without hitting down trendline resistance and moving lower. That is why the break through the down trendline resistance at the end of the trading session gives me a heads up that GRMN has the potential to put in some gains. There is resistance at 84. If GRMN is able to move above 84 resistance, it should continue higher. In the event 84 resistance holds, GRMN will likely continue its trek lower.

Andy Swan is co-founder and head trader for DaytradeTeam.com.  To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.