SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Speedfam [SFAM] Lovers Unite !
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr. Sam who wrote (3385)5/8/1999 6:51:00 PM
From: HoodBuilder   of 3736
 
A Point & Figure Perspective.

SFAM broke a Double Top at $13.00 and is now 1 box above it's Bearish Resistance Line. Although the stock could very well continue it's up move with out a pull back it would not encounter hard resistance until it hits the $20-$21 area which was the point at which it reversed it's previous sideways trend and headed lower. A pullback and intraday or closing print of $14.50 would be healthy and would permit an opportune entry point for traders. A strong move through the BRL at 15.50 -16 would be bullish and we may not see a pullback until we approach the previous resistance in the $20 range.

Of course if SFAM gets bought this weekend this technical analysis can be ignored.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News