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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (36218)2/22/2002 1:34:33 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69956
 
Trying to add some KOPN here at 7.80. Potential double bottom with Sept low. Fundamentals are improving despite possible slower ramp in wireless HBT. Inventory level are now lower and more normal order patterns are returning. Money flow has done a double bottom.

Same technical situation with TLAB, but not ready to go long this stock given low visibility in sector.

I don't think the fundamental justify a level below 1698 on the COMPX. 1650 is doable though if we get a shock in the next few days. Looking at ADPT as an indicator of direction. It is currently trapped just above support but in a trading range. One of the few strong stocks left.