I think that CYMI is lifted first from its own reaching a strong support as I stated yesterday, it may also be rising, IMHO, in sympathy with AMAT. I understand AMAT has or had an analyst meeting today, and it is up nicely. It may be telling the analysts that the orders are rolling in. As for CYMI, as I mentioned, I expected a rally to just under 20, and then we may retest the $16 area (I think we got as low as $16.25 on the recent swoon down?), and successful retest of that area, once more IMHO, should put us in an excellent position for a double before the end of the year, not to forget, IMHO.
Zeev |
