Semi Equipment Analysis Message Board

STOCKTALK

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 : Semi Equipment Analysis

SOXX 292.04

+2.4%

Dec 18 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

bigchad

Return to Sender

The Ox

To: The Ox who wrote (78487)	1/10/2018 4:15:35 PM
From: Donald Wennerstrom	3 Recommendations Read Replies (1) of 95610

Investopedia didn't limit their downside to 35, they said the mid 30's and it was possible to break through that level and go down "further". All of this postulating of course is "purely" based on technical reasoning, no fundamentals are allowed in this type of analysis. There are technicians and fundamentalists and "never the twain shall meet". Micron was able to recover a little today from yesterday, but it was rocky going at the start. The close yesterday was 42.97, and this morning in the 1st 5 minutes the trading covered the span of 41.39 to 42.49(1.10 spread) with 4.8M shares traded. Micron closed the day at 43.29(0.32 gain for the day). This was done on a day when the SOX went down -16.35(-1.24%).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next