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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (111241)	1/6/2005 12:32:00 AM
From: The Freep	Read Replies (1) of 209892

The BRCM chart is interesting to me here. It's fared better than most of the semis this week, but it's got a kinda triple bottom in the 30.5-30.6 area. That's a good area of support. Bollinger bands are tighter than I can find (which I must add worked very well in forecasting the NDX sharp move we're having that I didn't play). It's also about the only thing I see that the ADX is not yet saying that down is a trend (something I admit I don't know if is common in C waves, though I'd frankly think it's not, so I think that's a problem for the bull case in general). Anyway, BRCM is gonna move here. Which way? the freepm

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