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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (53214)8/13/2011 8:49:37 AM
From: Return to Sender1 Recommendation  Respond to of 95587
 
This weekly chart that you shared here on AIXG is excellent. It shows clear buy and sell areas using the well placed horizontal lines. Colored volume is much better as it helps to show when a stock is being thrown away with both fists or accumulated with great fervor like CREE was after earnings this week.

I will show CREE here which actually looks pretty good for further gains if I thought the market was going to rise from here.By showing daily, weekly and monthly charts a potential investor will see that even with the heavy buying this week the stock has yet to breakout of its downtrend when looking at the monthly chart.

On the daily chart the doji on Friday shows that CREE has potentially run out of upward momentum as hte stock basically opened and closed at the very same price.







RtS