Ray huge technical breakout today in the Semiconductor Group today...expect some significant upside in the weeks ahead out of the group....favorites DIOD CYMI CREE NSM VSEA.
Heres the breakout of an 8 month base...
stockcharts.com[w,a]dhcayiay[dd][pb50!b200!f][vc60][iub14!la12,26,9!lp14,3,3][J44640932,Y]&pref=G
Internets likely to play some catchup...long some NTES and EBAY as well.
stockcharts.com[w,a]dhcayiay[d20041107,20051207][pb50!b200!f][vc60][ila12,26,9][J50928384,Y]&pref=G
Software is coiling in a nice triangle as well....should break to the upside in the next week give or take.
stockcharts.com[w,a]dhcayiay[dd][pb50!b200!f][vc60][ila12,26,9][J51098542,Y]&pref=G
Have a good weekend...Robb |