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 : Stock Swap

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Neal Evans who wrote (10288)12/11/1997 12:31:00 AM
From: Trader X  Read Replies (1) of 17305
 
Well Neal, I think you're right about CREE.

I do indeed follow it religiously. In fact, I've decided to make CREE a Long term hold in my portfolio--meaning most likely, about 3-5 years.

20 is a key area of support, as you can see by the two year chart.
quote.yahoo.com

It popped through 20 on heavy volume after several attempts at it. One reason I don't think it will breach 20 is the year-long base it built between 10 and 15. Long bases become good foundations of support for a stock. I read the current price of 21 3/4 as an excellent buying point.

-Kevin
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext