Hard Drives, Fixed and Removeable Media stocks
RDRT, WDC, SEG, QNTM, IOM, and the like have all been uptrending for at least 8 days, and some for 14 days. Today's height was in part due to some momentum for SYQT's Chapter 11, byut everyone of them will correct back to trendline and and their respective trading channels tomorrow. APM, however is a different story, as it was just signalled as a buy tonight (gee, thanks, net...) when I ran the numbers. That does however bode well for it, thoug, as the net was also looking for an entry given the recent horizontal movement.
The market had about 30 minutes of excitement at open, and another 30 minutes at close, and for the most part was pretty boring today. Other than some corrections and profit taking, I don't see much to make tomorrow exciting either, but then I haven't seen the pre-open numbers/news/surprises yet.
lastshadow |
