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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (200071)8/24/2024 12:52:50 PM
From: Bonefish  Read Replies (1) | Respond to of 207899
 
Interest rates?



To: da_cheif™ who wrote (200071)8/24/2024 1:24:10 PM
From: robert b furman1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 207899
 
10 day clx is looking like K2. <smile>

Not much oxygen above 11.0.

Back on 10/28/22 10 day clx topped at 15.8 After 5 days where CLX averaged 20.4 each consecutive day.

On 10/25/22 Clx 10 day clx was 11.1 (close to Wednesday's to Friday's 11.6, 11.2, 11.8)

Clx quickly reset as the Dow continued to climb for 22 more days of up to 34595.39. It then took 7 months of sideways to regain that lofty level. 60 days later patient holders of stock were rewarded with another new hi on 8/1/23 @ 35679.13. Right about then semi's peaked and have never really recovered as rotation went elsewhere.

I remember that time period as I had an account high since I was in semi equipments.

Maybe they wake up from their sleep?

Big chip act looms out there.

None the less, when the 3 day CLX gets above 20 and the 10 day above 11, a prudent investor should lighten up if they had a big gainer in their account.