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Technology Stocks : Semi Equipment Analysis
SOXX 276.98-2.3%Nov 18 4:00 PM EST
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Woody_Nickels
To: John Pitera who wrote (75365)4/11/2017 10:49:49 PM
From: robert b furman1 Recommendation  Read Replies (1) of 95433
 
You want to talk SMH eh?

stockcharts.com

Now today was a classic hammer.

Look at the last time price dipped below the lower BB

Look at the % width of the BB - lowest in a year

Note the huge volume that the lower BB created - inventory at a discount has been acheived.

5 day trin has been high 6's for 5 days - the boys have been buying up inventory on the drop.

I may be all wet but I say up into next week end and Aprils expiration.

Bob
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