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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Connor26 who wrote (108585)7/19/2000 2:14:11 PM
From: bobby is sleepless in seattle  Read Replies (1) of 120523
 
Connor...KLIC...

OK, I'm about to get hate mail, so here goes...the chart is on the verge of breaking down...gotta move up from here IMO, to go forward.

open it up and draw a trend line going back to its lows of 39-40, trend intact until we peaked a lower high a few days back.

I'm seeing this with several charts in the chip arena, but INTC looks very strong, tho selling off on earnings news, surpise...

needless to say, either way KLIC is due for a bounce, and i have a position just established, albeit a small position!

short term, 56 5/8 is the bottom...errhhh my bottom...
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