Agree with you again. The daily looks great for further gains:
stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]
So does the weekly for that matter:
stockcharts.com[h,a]waclyyay[df][pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14]
So I may have already missed the best buying opportunity.
We soon will enter the great void of news as earnings season winds down. The market typically hits safe buyable lows in the September to October time frame on an annual basis.
So with CREE, as with many stocks, uncertainty about the future may well again reign in any current bullish enthusiasm and allow a terrific buying opportunity.
I'm just practicing a little patience. I'm not suggesting at all that it will necessarily pay off. Especially not with CREE.
Good luck to all!
RtS |
