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Technology Stocks : RF Micro Devices (RFMD)
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To: Carl van Rooyen who wrote (1818)12/21/1999 11:24:00 PM
From: Warpfactor  Read Replies (1) of 4849
 
Disregarding the fact that the NASDAQ index is in serious nosebleed territory, a review of the chart shows that RFMD has been trading in a progressively tighter bandwidth, forming another one of those triangles.

I look for a breakout in the next day or two.

Beware, a big NASDAQ selloff can destroy chart formations. Or, RFMD could break to the downside.

Warren
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