SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wolf speed
WOLF 18.39+0.1%Dec 22 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Carragher who wrote (6781)5/30/2003 12:46:49 PM
From: Yogizuna  Read Replies (3) of 10714
 
>>>> how much further and shorts get scared and start to cover.. assume it keeps moving up...

Yes, it could certainly continue to keep going up until it's at the extremely overbought level on the daily chart and the possible and probable top signals start to light up the system. Then you have a stock like NTES, which shot way past even the extremely overbought level....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext