Technology Stocks & Market Talk With Don Wolanchuk Message Board

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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 58.08

+4.9%

Jan 15 4:00 PM EST

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To: Runomo™ who wrote (10546)	8/23/2003 3:01:26 PM
From: Runomo™	Read Replies (1) of 207839

However, we also have a few significant weekly breakouts, chief among those is da fresh smelling SOX: stockcharts.com Don't be fooled by the seemingly bearish daily shooting star..if you look at the weekly chart below and draw a trendline from 393.8 to 412.66 you'll see the breakout on that weekly cup and a handle structure...expectation is for a pullback to test that breakout pivot point from above before it's back to da moon which is consistent with other stuff pointing to initial ST weakness... Mo

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