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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: AugustWest who wrote (15839)12/9/2002 3:33:17 PM
From: Jorj X Mckie  Respond to of 57110
 
I was watching RFMD this morning and thinking of you. Good yob mon!!!



To: AugustWest who wrote (15839)12/9/2002 3:36:18 PM
From: quote 007  Read Replies (1) | Respond to of 57110
 
from bernie schaffer

RF Micro Devices (Nasdaq: RFMD) - Like many of the stocks we've looked at over the past couple of weeks, RFMD has rallied into resistance. The run higher has encountered resistance near 14 from the upper rail of a downtrending channel that begins in May 2001 (in blue). One thing in the stock's favor is an extremely short-term uptrending channel (in red), which should offer some support near 10. A break of the overhead resistance should set the shares up for a fairly bullish situation, but first they have to take out that rail.

Click on the following link to see the Weekly Chart of RFMD: schaeffersresearch.com