ajtj, more importantly, we had significant expansion of new highs on the Naz, something we have not see since early November. I still think the next two weeks are going to OK. As a matter of fact, I am turning bullish on EMLX, BRCD and even JNPR, JNPR has not breached $18.25 for some time now, so entry below $19 with a stop just under 418 might be a wise move. Similarly, if EMLX does not breach $35.9, it should also be bullish, and the same with BRCD at $31.5 or so.The same is true with the $42.25 level for QLGC and the Breaches of these levels, however, would be a signal that the current move might end. BRCM is the only Q right now that still is questionable, it had a nice bounce recently, but from a little too low, it should not have breached 42 or so, and now we'll see if it can "repair" the technical damage.
Zeev |
