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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?


To: John William Anderson who wrote (6783)6/3/2003 9:25:52 AM
From: Yogizuna  Read Replies (1) | Respond to of 10714
 
CREE is now "officially" overbought on my system on the daily chart, and the hourly chart went to a sell signal at 2pm yesterday....
Usually, I have no idea where the "new resistance" will top out, unless there is some trend line resistance in the area, or the share price exceeds the upper band of the Bollinger bands by a wide margin, while at the same time showing a negative candlestick reading like a "hanging man" formation and a severely overbought slow stochastic level.