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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (15043)12/31/2022 11:57:12 AM
From: Kirk ©  Read Replies (2) | Respond to of 26763
 
Thanks for the two great SOX charts. I could easily see the first chart making a (5) ATH way off the graph, especially as the country figures out all the Biden spending to bring TSMC and other fabs to US shores will help those companies. We could get another "story stock" run much like the EV stocks soared before reality hit. The peddlers of used stock certificates need a good story to move merchandise.

The second is very cool. Agrees with my iH&S and you added the fib retrace that I find extra bullish that the 50% retrace timed itself with testing the neckline.

I hate to count chickens before they hatch (breakout on massive volume) but we can probably choose colors and start painting the nursery... if you get my drift.

Thanks again.