Someone mentioned the relationship of AMAT and the SOX.
It is interesting how AMAT and the $SOX track so in-tune.
The two charts below can be printed and placed one on top of the other, held up to a light, and like magic there look the same, or close to the same in many areas.
The charts are pretty close specially the Williams %R, STO, RSI, MACD and ADX.
I don’t know if this is any help, not much I guess.
Stan
stockcharts.com[h,a]dhclyymy[pb50!b200!d20,2!f][vc60][iut!Ub14!Ua12,26,9!Lc20!Lk14!Lh14,3!Ll14]
stockcharts.com[h,a]dhclyymy[pb50!b200!d20,2!f][vc60][iut!Ub14!Ua12,26,9!Lc20!Lk14!Lh14,3!Ll14] |
