I'm a little confident....I've seen this pattern before, we move alittle and take out some overhead....profit takers, shorts jump in...we pull back, then do it again until we gain some ground and momentum....at least that's how I'm looking at it until 200dma supports are convincingly broken...then I still see bargain hunters prepared to jump.
...not very scared, just trading carefully.
SONS looking good...TXN may be testing resistance...ADI oversld IMO, MU, lost of goodies out there..SCMR may have put near term low? others I have eye on...ATML,PWAV, ANEN,VTSS,FDRY,INSP,BEAS,KLAC,AMAT,PLXS, SANM,LRCX,AVNX.....to name just a few<g> |