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


To: Johnny Canuck who wrote (93536)12/21/2024 12:25:52 PM
From: Return to Sender  Read Replies (2) | Respond to of 95368
 
One more little box down and INTC will be on a sell signal. INTC is the same chart for me as for you.

Lets look at ASML which lost its buy signal yesterday. Apparently you not only have to reverse but confirm the reversal by dropping just a little lower:



My knowledge of PnF Charts is limited to knowing that as a whole they can be used as a contrarian indicator for a sell signal when overbought as a group, or a buy signal, when oversold as a group.

They are pretty slow to change.

LOL, RtS



To: Johnny Canuck who wrote (93536)12/21/2024 8:30:53 PM
From: Return to Sender  Respond to of 95368
 
Point & Figure Sell Signal

Initiated when a column of O's goes lower than the previous column of O's. The signal remains in effect until a P&F Buy Signal occurs.

chartschool.stockcharts.com

Almost a sell signal on INTC but not quite.

I have no other source. That does not mean there is not one.

RtS