Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: The Freep who wrote (134987)	8/2/2006 10:00:19 AM
From: Henry J Costanzo	Respond to of 209892

Freep........didn't mean to suggest LRCX in "good shape"..Simply pointing out that the presumed H&S not without question.... You noted the 50dMA pointing down. In fact it's close to kissing the 200d... That is not necessarily bearish.. In fact, a kiss like that is often the precursor of an upsurge......(as you should know...LOL).... Agree price below 200dMA is a negative......and that would need to be corrected....And per my style, of course, wouldn't touch a long until DT line from the May high convincingly broken....with volume... BTW....long-term, LRCX one of the strongest semis around...