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Strategies & Market Trends : Steve's Channelling Thread

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To: Amots who wrote (15923)5/17/2001 10:55:45 AM
From: Zeev Hed  Read Replies (1) of 30051
 
Right now, I think that AMAT has put a bottom at the $49 area, and it will break out of that channel to $60 before taking a "breather". My target high for AMAT on this major bull move is $75 (an iota under?). I "see" it trading first in the range $51-$55 for a short time here, and then moving to the $55-$61 and only early next year breaking out to the seventies. Just, MHO.

Some here follow MVIS, I believe it is going to enter a strong bull move (target $32/$35). Here between $21 to $21.5 is not a bad place to enter (I did).

Zeev
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