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Technology Stocks : KLA-Tencor Corporation (KLAC)
KLAC 1,400+5.7%Jan 9 9:30 AM EST
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To: stockycd who wrote (901)1/22/1998 2:25:00 AM
From: Jacob Snyder  Read Replies (3) of 1779
 
stockycd: what signals?

I see a trading range of 33-43, since late November. On December 9-10, we hit the bottom of that range. Since then, you can draw two parallel lines across the tops and the bottoms on the daily price chart. This rising channel should continue until it hits 43. Trading volume has remained moderate. If KLAC remains in the channel, it should have a range tomorrow of about 38-41. It should hit 43 on 1/23 or 1/26. This and 100,000 Baht will buy you a cup of coffee. What sell signals screamed at you today?
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