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Non-Tech : Kirk's Market Thoughts
COHR 139.28-0.5%Nov 14 9:30 AM EST
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George Statham
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To: George Statham who wrote (16321)7/17/2023 9:32:28 AM
From: Kirk ©2 Recommendations   of 26515
 
Thanks for the BPSEMI chart.

With your chart showing how overbought it is and RTS showing some good charts indicating a pause or pullback is likely, I'd not be surprised if $SOX breaks that support line, forms a H&S top and that takes it down to the centerline in this chart or perhaps on of the 50- or 200-day MAs. Just eyeballing, I think that would be around the support level of my dashed-green channel.

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