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.
Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (132852)5/17/2006 10:58:37 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<SOX back to the mid to low 300's?..>>

Dunno, Shack.....you're way ahead of me on that...and, as you know, slow thinker here.....

In line with what I've been thinking for other areas, and with my TA hat on, ..I was looking for some support coming up fairly soon here......470ish return to triangle breakout area....and then 450ish meeting UT line coming up from Apr 2005 low.

I think that UT line is also the lower line of your Sep 2004 wedge formation......and don't know whether that gives it any greater significance.??



To: Shack who wrote (132852)5/18/2006 5:40:48 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
<<I just noticed MRVL reports tomorrow....yikes!>>

It did....and yikes, it was good,,,,so stock has been up AH more than 2.......BUT remember that if this is really a H&S, it needed a return to the neckline to be completely kosher....

AMD also HOT in AH....If these two continue to sizzle tomorrow morning, SOX could have quite a day. As of now, these two would add about 8 points to SOXxie...