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Technology Stocks : Cymer (CYMI)

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To: Maxwell who wrote (13982)2/3/1998 5:31:00 PM
From: Sorin A. David  Read Replies (1) of 25960
 
Re: "Any good theory out there?". From a TA point of view, look at the chart of KLIC and CYMI together. Now look 2 days back on KLIC and you'll see that it broke up through the overhead resistance at $22 and then in 2 days it went up to 24 3/8. CYMI just closed above that same overhead resistance and I would tend to believe that it may follow the pattern of KLIC (given a positive tech sector as well). Just my thoughts.
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