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

To: #Breeze who wrote (26102)	10/2/2025 9:50:45 AM
From: Elroy	Read Replies (1) \| Respond to of 26434

Minor Wave 3 is in play with a target of 150.75. I don't follow technical analysis. What's the plain English explanation of the above sentence? Is it .....The technicals indicate SIMO (if it follows the "normal pattern") should rise until it hits $150.75, and then "Minor Wave 3" (whatever that is) is complete? SIMO's fundamentals right now are great, but the valuation (for SIMO) is sorta nuts. However, as long as fundamentals are good valuation often doesn't mean much among tech stocks.