Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Donald Wennerstrom who wrote (30235)	5/2/2006 8:30:04 PM
From: Return to Sender	of 95561

Technical Analysis: Techs Stay Stuck By Paul Shread internetnews.com The Nasdaq (first chart below) continues to lag badly, while blue chips push to multi-year highs. So which one will lead? Time will tell, but the selective buying remains a negative here. 2300 is shaping up to be important support for the techs, with 2290, 2275-2282, 2250 and 2243 below that. Resistance is 2328-2333 and 2340. The Dow (second chart) is right at 11,426 resistance; an important level for the market in general. First support is 11,340-11,350. The S&P (third chart) faces major resistance at 1316-1320, and support is 1304 and 1297-1300. Long bond yields (fourth chart) remain stalled here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next