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Technology Stocks : Semi Equipment Analysis
SOXX 306.040.0%Dec 26 4:00 PM EST

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To: Kirk © who wrote (1774)1/26/2002 12:45:30 PM
From: Return to Sender  Read Replies (1) of 95639
 
Kirk you are the Chartmaster! Could we do something similar to this using StockChart.com?

stockcharts.com,|B|b14#custom

stockcharts.com,|B|b14#custom

I really want to see Bollinger Bands!

Not only are the support levels well defined for most stocks in the group but so is resistance and therefore trading ranges are as well.

I think it is important to keep in mind though that the SOX was higher on Jan 9 than it had been since last August.

chart.yahoo.com^SOXX&g=d

This leads me to conclude that while we will likely stay within our current trading range for the time being that semiconductor stocks are likely to begin a breakout move higher later this year.

What are your thoughts?

RtS
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